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Cornerstone OnDemand Files For IPO

socalTECH

In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. According to the S-1, the firm had a net loss of $8.3M The firm has not yet specified an exchange it plans to list on.

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Cornerstone OnDemand Selects NASDAQ

socalTECH

The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. Cornerstone OnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand filed for an IPO in September.

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Your Customer Success Team Is Focusing On The Wrong Definition Of Success

InfoChachkie

I had the honor of moderating a panel of three SaaS CEOs who have collectively raised nearly $40 million of venture capital and are on their way to breakout success: Reed Shaffner of Workpop , Jerry Jao of Retention Science and Ara Mahdessian from ServiceTitan. Sure You Track Satisfaction, But Whose Success Are You Monitoring?

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