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Santa Monica-based CornerstoneOnDemand Inc., a human resources management software company, has entered into an agreement to be acquired by Clearlake Capital Group in a transaction worth $5.2
Santa Monica-based CornerstoneOnDemand , which develops online learning and talent management software, said Wednesday morning that it expects its IPO to price between $9.00 CornerstoneOnDemand is selling 10.5 CornerstoneOnDemand is selling 10.5 and $11.00 READ MORE>>.
In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based CornerstoneOnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. Barclays Capital, William Blair & Company, Piper Jaffray, Pacific Crest Securities, and JMP Securities. READ MORE>>.
Santa Monica-based CornerstoneOnDemand is expected to debut Thursday in an IPO on the NASDAQ Global Market. CornerstoneonDemand is a provider of human resources and talent management software. Barclays Capital, William Blair & Company, Pacific Crest Securities, Piper Jaffray, and JMP Securities.
But note that he was equally early and passionate about CornerstoneOnDemand and it’s now trading at a $1.6 And oddly it took an investor in New York to highlight to me CornerstoneOnDemand – one of the most successful software company in my home town of Los Angeles! 500px is in Toronto. SHOW NOTES.
Santa Monica-based CornerstoneOnDemand , the developer of human resources and talent management software-as-a-service, said today that it has agreed to acquire Auckland, New Zealand-based Sonar Limited (Sonar6). Sonar6 develops cloud-based, talent management software focused on small businesses. READ MORE>>.
Santa Monica-based CornerstoneOnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management. Cornerstone is trading on the NASDAQ Global Market as CSOD. after its IPO debut a $13.00
Santa Monica-based CornerstoneOnDemand said Tuesday afternoon that it has agreed to acquire Evolv , a machine learning and data science company based in San Francisco. Cornerstone will pay approximately $42.5M According to CornerstoneOnDemand, it will use the buy to bolster its big data analytics and machine learning efforts.
Santa Monica-based talent management software developer CornerstoneOnDemand said today along with Deloitte , that the two are in a new, strategic global relationship with Deloitte''s human capital management consulting practice. Financial terms of the arrangement were not announced. READ MORE>>.
Santa Monica-based Corenerstone OnDemand , a developer of software-as-a-service for human resources and talent management, announced today that it has named Mark Goldin as Chief Technology Officer of the firm. CornerstoneOnDemand is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital.
Santa Monica-based CornerstoneOnDemand , the developer of talent management and human resources software headed by Adam Miller, were up nearly 47 percent Thursday in its initial public offering. The robust reception for Cornerstone--trading as CSOD--came after the firm priced above initial estimates of $9 to $11 per share.
Santa Monica-based CornerstoneOnDemand , the developer of software-as-a-service for human resources and employee talent management, is planning a secondary offering of its stock, six months after the firm's successful IPO. CornerstoneOnDemand has its IPO in March, debuting at $13.00
Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based CornerstoneOnDemand, the provider of talent management software, in a deal which was worth $5.2 Cornerstone's current CEO is Phil Saunders. per share in cash. per share in cash.
Santa Monica-based software-as-a-service developer CornerstoneOnDemand said this morning that it has added former Eloqua CEO Joe Payne to its board of directors. Payne replaces venture capitalist Rod Ward, who is at Meritech Capital, one of CornerstoneOnDemand''s original investors. READ MORE>>.
CornerstoneOnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. CornerstoneOnDemand filed for an IPO in September. Tags: cornerstoneondemand merger acquisition exit software saas. READ MORE>>.
Santa Monica-based CornerstoneOnDemand , which develops cloud-based learning and human capital management software, said late Wednesday that it has acquired Grovo Learning , a provider of "micro-learning" content, in a deal worth $24M in cash. Grovo was founded in 2010, and has offices in New York City and San Francisco.
Santa Monica-based cloud-based human capital and resources management software developer CornerstoneOnDemand announced this morning that it has opened up a new office in Utah, where it expects to hire up to 350 people.
Santa Monica-based CornerstoneOnDemand has priced its IPO at $13.00 The firm, which develops software-as-a-service for the human resources and employee talent management sector, is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. CornerstoneOnDemand is headed by Adam Miller.
Santa Monica-based CornerstoneOnDemand , which develops cloud-based employee education and human capital management software, has named Steffan Tomlinson, CFO for Palo Alto Networks, and Dean Carter, VP of Human Resource and Shared Services for Patagonia, to its board of directors. READ MORE>>.
Santa Monica-based enterprise software developer CornerstoneOnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held CornerstoneOnDemand said it will launch a $100M share repurchase program.
Santa Monica-based CornerstoneOnDemand, which develops software-as-a-service for talent and employee management, said this week that it has signed on Barry-Wehmiller Companies, a capital equipment provider and engineering consulting services firm. Financial impact of the win was not disclosed. READ MORE>>
Santa Monica-based cloud-based learning, talent management, and other software, said today that it has connected with Ultimate Software , a developer of human capital management software. CornerstoneOnDemand said it joined Ultimate Software's UltiPro Connect Partners program. READ MORE>>.
Santa Monica-based cloud-based learning and human capital management software developer CornerstoneOnDemand is aiming to make it easier for employers to help their people learn the skills they need to survive in the "workplace of tomorrow", through a link with think tank Institute for the Future. READ MORE>>.
Santa Monica-based CornerstoneOnDemand , which develops cloud-based, enterprise learning and human capital management software, says it is in an expanded, strategic global relationship with LinkedIn.
Santa Monica-based learning and human capital management software developer CornerstoneOnDemand has acquired fellow Santa Monica company WorkPop , as a part of its expansion into talent acquisition software, the company announced this morning. The new solution is based on Workpop's software. READ MORE>>.
Los Angeles-based CornerstoneOnDemand is one of the investors in a new startup, Rallyteam , whic is developing software to help match their employees to skills, experiences, and interests. Rallyteam's CEO is David Somers, who previously was VP of Global Alliances and Strategic Initiatives at CornerstoneOnDemand.
Santa Monica-based enterprise learning and human capital management software developer CornerstoneOnDemand said this mroning that it has been selected by the University of Georgia, to help support professional development and regulatory compliance at the school. Financial impact of the win was not announced.
Santa Monica-based human capital management software developer CornerstoneOnDemand has signed on Italian luxury menswear brand Canali as its newest customers. CornerstoneOnDemand said Canali is implementing its talent management software to better recruit, develop, and manage its people.
Santa Monica-based cloud-based learning and human capital management provider CornerstoneOnDemand is looking to attract more small business customers, as it extends from its core enterprise market, by offering up a free trial to those businesses.
Santa Monica-based human capital management software developer CornerstoneOnDemand , along with online learning provider Grovo , said Tuesday that the two have expanded an existing strategic relationship. According to the two, Grovo will connects its Grovo Create product as an add-on to CornerstoneOnDemand's platform.
Santa Monica-based CornerstoneOnDemand , which develops human capital management and learning software, said this morning that it has signed on a large insurance brokerage firm as a customer. Financial impact of the win was not announced.
Santa Monica-based cloud-based learning and human capital management software developer CornerstoneOnDemand said today that it has launched a new, subscription content offering, which it calls Cornerstone Content Anytime. Pricing on the new offering was not announced.
Santa Monica-based CornerstoneOnDemand , which develops human capital management and employee learning software, has cut its sales head count, and shuffled its sales and services organizations, the company said late Wednesday. It also named Jeff Lautenbach as President of Global Field Operations. com, SAP, and IBM.
Santa Monica-based CornerstoneOnDemand , a developer of talent management and human resources management software, said Thursday afternoon that it has raised $12.7M The round was led by Meritech Capital, and also included prior investors Bessemer Venture Partners and Bay Partners. in a new round of financing.
Santa Monica-based CornerstoneOnDemand , which develops cloud-based learning and human capital management software for the enterprise, said late Tuesday that it has nominated a trio of new members to its board of directors. Steele was most recently CEO of Jive Software, and also had served at Microsoft, Skype, and Yahoo!;
Los Angeles-based cloud-based talent management software solutions firm with over 13 million users, CornerstoneOnDemand has launched Cornerstone Innovation Fund , to invest in disruptive LA-based cloud startups building cutting-edge solutions for organizations.
Santa Monica-based ,a href="[link] OnDemand , the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund.
Los Angeles- and Nashville-based Clovers, a developer of interviewing and recruiting software, has raised $15M in a funding round, the company said this week. According to Clovers, the funding was led by Greycroft and Alpha Edison, and also included Crosslink Capital, Acadian Ventures, Fika Ventures and Act One Ventures.
The funding was led by CornerstoneOnDemand, and also included Farmers Insurance Exchange and HTC. Talespin develops virtual reality software used for employee training and other efforts.
Los Angeles-based FloQast , a new software startup developing month-end closing software for accountants, has raised $6.5M The funding was co-led by Polaris Partners and Toba Capital, and also included Amplify.LA, Wavemaker Partners, and Danmar Capital. in a Series A funding, the company said today.
What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. But even this is changing.
For today's interview, we sat down and talked with Mike Whitmire , the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. Mike tells us about the company, who uses its software, as well as how he was initially turned away from the Amplify.LA
Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's.
We are investing in founders who are leveraging the use of data, artificial intelligence-enabled technologies, and automation, to solve meaningful, systemic problems in a couple of industries, including the enterprise software, financial services, marketplace, and digital health areas. How did you get together and create the new fund?
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