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Cornerstone OnDemand Raises $300M From Silver Lake

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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 Invests In Four Companies

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The investments went to One Month , which offers online entrepreneurship classes; Rallyteam , an employee talent networking platform; Strive , which is developing tools to help source qualified software developers; and Workpop , a developer of software to help match employers and job candidates.