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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. Cornerstone said the investment came after a "review of strategic alternatives", including both solicited and unsolicited interest in the company.

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

socalTECH

In the last couple ofyears, we've seen more enterprise technology and software locally here, and software is starting to grow up. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. They are very acquisitive. That will cause a real boom in M&A.