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Cornerstone OnDemand Invests In Four Companies

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Santa Monica-based ,a href="[link] OnDemand , the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund. Size of the investments in each company were not announced.

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Assembly Joins Billion Dollar Unicorns After Strategic Investment

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Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company said it now surpasses $1 billion in valuation after the round.

Invest 113
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ServiceNow Eyes San Diego Investments As Part Of $100M Fund

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ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego.

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Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

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The fund--managed by Arjan Schutte and Kathleen Utecht--invests in financial technology companies, and counts such portfolio companise as Fair , Honest Dollar (acquired), CoverHound , Mirador (acquired), Nerdwallet , Ripple , Tio (acquired), and many others. As expected, the company has not detailed any information on the new fund.

Invest 133
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CrowdStrike Launches $20M, Early Stage Investment Fund

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CrowdStrike , the cloud-based cybersecurity software developer which has substantial operations in Orange County, said today that it has launched a new, early stage investment fund called the Falcon Fund. The new fund will make seed and Series A investments, according to the company.

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K1 Investment Management Buys Digital Pharmacist

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Los Angeles-based private equity investor K1 Investment Management has acquired Digital Pharmacist , a software development firm which helps pharmacists manage refill reminders and other marketing. The deal was worth $125M. Digital Pharmacist, which is based in Austin, Texas, had been backed by LiveOak Venture Partners.

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Swell Launches Social Impact Investing Platform

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Newport Beach-based Swell , a new fintech startup, said on Tuesday that it has launched a new online platform which lets consumers invest in specific portfolios focused on social impact. The startup, led by CEO Dave Fanger, said it is looking to deliver both profit and help support companies addressing today's global challenges.

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