socalTECH

AUGUST 15, 2013

Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. As part of the investment, Silver Lake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.

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socalTECH

NOVEMBER 9, 2017

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. Joe Osnoss of Silver Lake joins Cornerstone's board with the funding, and Silver Lake will also appoint another member of the board at a later date.

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Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

SEPTEMBER 10, 2013

Los Angeles-based startup The Sugar Lab , which was developing technology to print edible, 3D designs with sugar, has been acquired by 3D Systems. Financial terms of the acquisition wer enot disclosed. The Sugar Lab was founded by Kyle and Liz von Hasseln, and was based in Silver Lake. READ MORE>>.

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socalTECH

SEPTEMBER 12, 2013

Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. The company recently took a majority investment from Silver Lake Sumeru. BlackLine said it took the No.

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Silver Lake Equity Software Acquisition 147

socalTECH

MARCH 13, 2018

Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.

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socalTECH

SEPTEMBER 21, 2021

Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. Financial details of the acquisition were not announced. CreatorIQ said the buy will create a company with over 450 customers, 250 employees, and $90 million in funding.

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Silver Lake Acquisition Los Angeles Marketing 113

socalTECH

OCTOBER 3, 2016

BlackLine is venture backed by Silver Lake Sumeru and ICONIQ, and led by Therese Tucker. BlackLine develops accounting software, which is used for managing the financial close process at companies. The IPO is being underwritten by Goldman, Sachs & Co., Tucker owns around 15.6% of the company. READ MORE>>.

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