article thumbnail

Cornerstone OnDemand Files For IPO

socalTECH

In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. Tags: software saas exit acquisition merger ondemand cornerston. on revenues of $29.3M

article thumbnail

Cornerstone OnDemand Jumps In IPO Debut

socalTECH

Santa Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. after its IPO debut a $13.00 MaxLinear, Green Dot, and ReachLocal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cornerstone OnDemand Up Nearly 47 Percent In IPO

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources software headed by Adam Miller, were up nearly 47 percent Thursday in its initial public offering. The robust reception for Cornerstone--trading as CSOD--came after the firm priced above initial estimates of $9 to $11 per share.

article thumbnail

Southern California IPO List Gets A Little Longer

socalTECH

The list of Southern California companies who have filed, have been rumored to file, or have successfully completed IPOs has gotten a little longer this morning, after Santa Monica-based Cornerstone OnDemand filed for an IPO.

article thumbnail

SoCal Firms Still Lined Up For IPOs

socalTECH

10 of the 44 venture-backed companies currently filed to go public are from Southern California, according to an analysis today from the Wall Street Journal. venture-backed companies currently filed for an IPO, with 10 from Southern California and 13 from Silicon Valley. According to the report, there are 44 U.S.,

article thumbnail

Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. A new report released today tallies up $7.7

article thumbnail

Inphi Set To Debut In IPO This Week

socalTECH

the manufacturer of high speed semiconductors which has a majority of its operations in Westlake Village, but is based in Santa Clara, is expected to debut this week in the latest Southern California IPO. Inphi joins such firms as Green Dot , RealD , ReachLocal , and MaxLinear who have reached the markets so far this year.