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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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BlackLine Systems Gets Investment From Silver Lake Sumeru

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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. Financial terms of the investment were not announced. blackline systems accounting software merger acquisition exit venture capital private equity'

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Blackline: On Track For $40M+ Revenues This Year

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A spokesperson for the firm--which just took a big majority investment from private equity firm Silver Lake Sumeru, worth over $200M--clarified the company''s revenues today in an update to our earlier story. blackline systems accounting software expansion merger acquisition silver lake' READ MORE>>.

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BlackLine Investors Look For More Liquidity In New Offering

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According to BlackLine, the shares in the offering are being sold by Silver Lake Sumeru, investment funds affiliated with ICONIQ, Therese Tucker, the company's CEO and founder; and Mario Spanicciati, the company's Chief Marketing Officer. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.

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BlackLine's Early Investors Eye Liquidity

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Some of the early investors in Woodland Hills-based accounting software developer BlackLine are looking for some liquidity from their investments, more than a year since BlackLine's October 2016 IPO, and plan to sell around 4,500,000 shares of their stock. The company is not selling any stock with the offering.

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Broadcom Lines Up $100 Billion In Bid To Acquired Qualcomm

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Broadcom says it has lined up $100 billion in commitments to finance its proposed acquisition of Qualcomm this morning. Broadcom said it lined up 12 financial in institutions to finance the offer, including $5 billion in a revolving credit facility and bridge financing, plus investment funds from Silver Lake, KKR and CVC.

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Cast & Crew Completes Caps Payroll Buy

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Burbank-based Cast & Crew Entertainment Services , the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of Culver City-based CAPS Payroll.