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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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Cornerstone OnDemand Wins Hyatt

socalTECH

Santa Monica-based software developer Cornerstone OnDemand said today that it has scored a win with hotel and hospitality brand Hyatt. Cornerstone said that Hyatt will use its cloud-based talent management software for performance management, compensation, performance reviews, and other employee management efforts.