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Report: Cornerstone OnDemand Hires Investment Bankers For Review

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Santa Monica-based Cornerstone OnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report. READ MORE>>.

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Cornerstone OnDemand Raises $300M From Silver Lake

socalTECH

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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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

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The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).

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Demand Media Prices IPO, Begins Trading Today

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The firm's investors include Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., A number of other companies have filed but have not yet reached the markets, including GameFly, Cornerstone OnDemand, Boingo Wireless, and Peregrine Semiconductor, among others. Morgan Stnaley & Co.,

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What I Learned in 2014: Kevin Winston

socalTECH

The themes expanded to include both hot new startups, as well as companies like Cornerstone OnDemand, Belkin, and Telesign which have been part of LA tech for more than a decade. At the end of 2013, we were excited when there was an investment round of $20M to $30M. This is just the start. Watch for more in 2015.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Snap hopefully will be one, or is one already, and Cornerstone OnDemand, and what Brian Lee has done. They're acquisitive, have cashed up, and lots of them are now looking at repatriating money to the US.

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Interview with Fouad ElNaggar, Redpoint Ventures

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To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. Thanks for the time today. We really believe in the market.

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