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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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GoodRx Sets IPO Pricing Range

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Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

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Shea Ventures Backs SolarCity

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Shea Ventures , the venture capital arm of Orange County homebuilder Shea Homes , has boosted its solar installation partner SolarCity , as part of an $81M equity investment in SolarCity. Pritzker, partner at Tao Ventures and senior development advisor for Hyatt Hotels Corp., in addition to Shea Ventures. READ MORE>>.

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Power-One Gets $60M Injection

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Camarillo-based Power-One , a developer of power supplies and related products, said late Thursady that the firm has agreed to a $60M investment from investment firm Silver Lake Sumeru. The firm said it will use the funding to restructure its debt, plus for working capital and strategic initiatives.

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Zuma Ventures: Creating A New Technology Startup Model

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Internally, we look very similar to a tech company, in that we have a development team, go-to-market team, and product people, and the ultimate goal of what we want to accomplish is to create companies that can run independently, with their own management teams. In our first phase, there is no outside investment in companies.

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

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The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Jamie is currently also co-founder of March Capital Partners, in addition to running the summit. In terms of that, they are people like Vista Equity, particularly, but also Summit, TPG, KKR, and Silver Lake.