socalTECH
OCTOBER 15, 2021
Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50
socalTECH
OCTOBER 8, 2020
Santa Monica-based Cornerstone OnDemand , which develops software used for managing employee development, says it has hired its first Chief Diversity Officer, Duane La Bom. The company said La Bom is responsible for driving the company's diversity, equity and inclusion strategy.
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socalTECH
NOVEMBER 9, 2017
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.
L.A. Business Journal
NOVEMBER 8, 2017
Cornerstone OnDemand, a personnel management software developer, announced on Wednesday that private equity firm Silver Lake Partners and Microsoft Corp.’s s LinkedIn plan to invest $300 million in the company.
socalTECH
MAY 9, 2018
Santa Monica-based Cornerstone OnDemand , which develops cloud-based learning and human capital management software for the enterprise, said late Tuesday that it has nominated a trio of new members to its board of directors. Steele was most recently CEO of Jive Software, and also had served at Microsoft, Skype, and Yahoo!;
socalTECH
MARCH 8, 2012
Santa Monica-based Cornerstone OnDemand , the developer of human resources and talent management software-as-a-service, said today that it has agreed to acquire Auckland, New Zealand-based Sonar Limited (Sonar6). Cornerstone OnDemand said it is using the acquisition to enter into the SMB space.
socalTECH
APRIL 9, 2012
Santa Monica-based Cornerstone OnDemand , the developer of cloud-based, talent and HR management software headed by Adam Miller, said Monday afternoon that it has completed its acquisition of Sonar Limited (Sonar6). Cornerstone OnDemand had earlier announced that the deal was worth $13M in cash plus $1M in equity.
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