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Cornerstone OnDemand Acquires Grovo

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Santa Monica-based Cornerstone OnDemand , which develops cloud-based learning and human capital management software, said late Wednesday that it has acquired Grovo Learning , a provider of "micro-learning" content, in a deal worth $24M in cash. Grovo was founded in 2010, and has offices in New York City and San Francisco.

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Cornerstone OnDemand Buys Workpop

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Santa Monica-based learning and human capital management software developer Cornerstone OnDemand has acquired fellow Santa Monica company WorkPop , as a part of its expansion into talent acquisition software, the company announced this morning. Financial details of the acquisition were not announced.

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Cornerstone OnDemand Buys Evolv

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Santa Monica-based Cornerstone OnDemand said Tuesday afternoon that it has agreed to acquire Evolv , a machine learning and data science company based in San Francisco. Cornerstone will pay approximately $42.5M According to Cornerstone OnDemand, it will use the buy to bolster its big data analytics and machine learning efforts.

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Cornerstone OnDemand Raises $300M From Silver Lake

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Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

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Cornerstone OnDemand Chops Sales Staff, Shuffles Sales Head

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Santa Monica-based Cornerstone OnDemand , which develops human capital management and employee learning software, has cut its sales head count, and shuffled its sales and services organizations, the company said late Wednesday. It also named Jeff Lautenbach as President of Global Field Operations. com, SAP, and IBM.

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Cornerstone OnDemand Bolsters Board With Eloqua Vet

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Santa Monica-based software-as-a-service developer Cornerstone OnDemand said this morning that it has added former Eloqua CEO Joe Payne to its board of directors. Payne replaces venture capitalist Rod Ward, who is at Meritech Capital, one of Cornerstone OnDemand''s original investors. READ MORE>>.

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Cornerstone OnDemand Sets IPO Offering Range

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Santa Monica-based Cornerstone OnDemand , which develops online learning and talent management software, said Wednesday morning that it expects its IPO to price between $9.00 Cornerstone OnDemand is selling 10.5 Cornerstone OnDemand is selling 10.5 and $11.00 READ MORE>>.