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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. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

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LinkedIn, Silver Lake Take Stake In Cornerstone OnDemand

L.A. Business Journal

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.

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Forbes Midas List Gives Cold Shoulder To SoCal VCs

socalTECH

Sequoia Capital''s Douglas Leone, was placed at number six for his role in funding San Diego''s ServiceNow ; Bessemer''s Byron Deeter was ranked #36 due to his role in funding Santa Monica''s Cornerstone OnDemand ; Stephen Jurveston, of Draper Fisher Jurvetson, was ranked at #59 for his investment in Hawthorne-based SpaceX.

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Demand Media Prices IPO, Begins Trading Today

socalTECH

The firm's investors include Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., A number of other companies have filed but have not yet reached the markets, including GameFly, Cornerstone OnDemand, Boingo Wireless, and Peregrine Semiconductor, among others. Morgan Stnaley & Co.,

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

socalTECH

The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Snap hopefully will be one, or is one already, and Cornerstone OnDemand, and what Brian Lee has done. The third area, are the private equity players. We've seen some notable successes.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. Adam Miller – Cornerstone OnDemand. Founder and CEO since starting the company back in 1999, Miller has led Cornerstone through 11 years of consecutive growth. Yes, again.

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Why John Frankel Leaned in Early on Klout and Cornerstone OnDemand and What He Sees Next

Both Sides of the Table

I had been trading emails & Tweets with venture capitalist John Frankel and we were to meet in person in March 2011 at SxSW to talk about Klout and other investments he had made. Other people were convinced including Kleiner Perkins who lead their $30 million fund raising in 2012 (they had previously also invested in 2011).