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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

socalTECH

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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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. They're acquisitive, have cashed up, and lots of them are now looking at repatriating money to the US. That's the Unilver acquisition of Dollar Shave, the GE acquisition of ServiceMax.