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Santa Monica-based CornerstoneOnDemand has joined the club of local hightech companies to cross the $100M in annual revenues mark, after reporting Tuesday that it had full year revenues of $117.9M, up 56 percent year to year. CornerstoneOnDemand says it now has over 1,2000 clients and 10.5 READ MORE>>.
They estimate that high-tech work contributes $108.3 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. They estimate that high-tech work contributes $108.3
There has been a lot of worry recently in the hightech industry and from venture investors about "headwinds" in the technology market, particularly with valuations of "unicorn" companies dropping, investors shying away from investing in rounds, and even employees looking for safer jobs. billion. >.
Over the last couple of weeks, we''ve featured a number of reflections on the year from movers and shakers in the local hightech community. The themes expanded to include both hot new startups, as well as companies like CornerstoneOnDemand, Belkin, and Telesign which have been part of LA tech for more than a decade.
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