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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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Cornerstone OnDemand Names Etsy CFO TO Board

socalTECH

Santa Monica-based talent management software developer Cornerstone OnDemand said Wednesday that it has added Kristana Salen, the Chief Financial Officer of Etsy, to its board of directors. Salen has been CFO of Etsy since January of 2013; she previously also served at Fidelity Investments. READ MORE>>.

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Cornerstone OnDemand Invests In Four Companies

socalTECH

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.