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Cornerstone OnDemand Launches New Subscription Content Offering

socalTECH

Santa Monica-based cloud-based learning and human capital management software developer Cornerstone OnDemand said today that it has launched a new, subscription content offering, which it calls Cornerstone Content Anytime. Pricing on the new offering was not announced.

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Cornerstone OnDemand Sets IPO Offering Range

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops online learning and talent management software, said Wednesday morning that it expects its IPO to price between $9.00 Cornerstone OnDemand is selling 10.5 Cornerstone OnDemand is selling 10.5 and $11.00 READ MORE>>.

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Cornerstone OnDemand IPO Prices At $13 Per Share

socalTECH

Santa Monica-based Cornerstone OnDemand has priced its IPO at $13.00 The firm, which develops software-as-a-service for the human resources and employee talent management sector, is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand is headed by Adam Miller.

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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 The firm was trading around $19.60, or 50 percent above its debut price in morning trading. The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management.

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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.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”