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Cornerstone OnDemand Jumps In IPO Debut

socalTECH

The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management. Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. MaxLinear, Green Dot, and ReachLocal. MaxLinear, Green Dot, and ReachLocal. READ MORE>>.

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LAVA Honors Richard Riordan, Local Technology Firms

socalTECH

LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Provides application performance management (APM) software solution that helps web sites manage distributed applications in high-volume production environments; features include: application mapping, transaction flow monitoring, code-level diagnostics, and cloud orchestration. I think you’ll enjoy watching. AppDynamics.

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Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

SoCal Delicious

The study found that the greatest values for Southern California venture-backed firms were created by companies operating in Online Services (51%), followed by Communications and Networking (15%), Software (10%) and Semiconductors (9%). Tags: results investment exit california southern acquisition merger capital venture.