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BlackLine Systems Gets Investment From Silver Lake Sumeru

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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. According to BlackLine, its management, Silver Lake Sumeru, and ICONIQ Capital are partnering in the deal to make Silver Lake Sumerua majority shareholder in the company.

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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. Joe Osnoss of Silver Lake joins Cornerstone's board with the funding, and Silver Lake will also appoint another member of the board at a later date.

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Cast & Crew Acquired by Silver Lake

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Burbank-based Cast & Crew Entertainment Services , a provider of technology and payroll services to the entertainment industry, said today that it has acquired by private equity investor Silver Lake. Silver Lake was represented by Kirkland & Ellis LLP. Financial terms of the buy were not disclosed.

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Blackline: On Track For $40M+ Revenues This Year

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A spokesperson for the firm--which just took a big majority investment from private equity firm Silver Lake Sumeru, worth over $200M--clarified the company''s revenues today in an update to our earlier story. blackline systems accounting software expansion merger acquisition silver lake' READ MORE>>.

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The Sugar Lab Acquired By 3D Systems

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Financial terms of the acquisition wer enot disclosed. The Sugar Lab was founded by Kyle and Liz von Hasseln, and was based in Silver Lake. printer 3dsystems printing acquisition merger systems sugar' READ MORE>>. printer 3dsystems printing acquisition merger systems sugar' READ MORE>>.

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payvia Buys Mogreet

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Financial details of the acquisition were not announced. Payvia is venture backed by Silver Lake Sumeru, Montgomery & Co., As part of the acquisition, the companies said that Mogreet''s full team will join payvia, and Mogreet founder and CEO James Citron will become its Chief Marketing Officer. and Trinity Ventures.

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Hulu Entertaining At Least Five Bidders, Says Report

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In addition, other bidders include Time Warner Cable; DirecTV; The Chernin Group; and a bids from private equity firms KKR, Guggenheim Digital, and Silver Lake Partners/William Morris Endeavor. hulu streaming video merger acquisition content hollywood' READ MORE>>.

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