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Cornerstone OnDemand Jumps In IPO Debut

socalTECH

Santa Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. after its IPO debut a $13.00 MaxLinear, Green Dot, and ReachLocal. READ MORE>>.

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Demand Media Prices IPO, Begins Trading Today

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Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

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Cornerstone On Demand Updates S-1

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Santa Monica-based Cornerstone On Demand , which recently filed for an IPO on the NASDAQ Global Market as CSOD, has updated its IPO filings documents with the SEC. Cornerstone OnDemand filed for an IPO in September. due to the change in the fair value of its preferred stock warrant liabilities. in revenues.

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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S. A number of other companies have filed but have yet to reach the markets, including Peregrine Semiconductor, Demand Media, and Cornerstone OnDemand.

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SoCal Firms Still Lined Up For IPOs

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Southern California has been very active in the IPO arena, with successful IPOs recently of Cornerstone OnDemand , Demand Media , and Inphi Corp. Those firms include Boingo Wireless , Active Network , NewEgg , GameFly and Peregrine Semiconductor.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. billion in liquidity was generated in the sector.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

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Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”