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LinkedIn, Silver Lake Take Stake In Cornerstone OnDemand

L.A. Business Journal

Cornerstone OnDemand, a personnel management software developer, announced on Wednesday that private equity firm Silver Lake Partners and Microsoft Corp.’s s LinkedIn plan to invest $300 million in the company.

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Cornerstone OnDemand Raises $300M From Silver Lake

socalTECH

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. Cornerstone OnDemand is a developer of human capital and talent management software. READ MORE>>.

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BlackLine's Early Investors Eye Liquidity

socalTECH

Some of the early investors in Woodland Hills-based accounting software developer BlackLine are looking for some liquidity from their investments, more than a year since BlackLine's October 2016 IPO, and plan to sell around 4,500,000 shares of their stock. The company is not selling any stock with the offering.

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BlackLine Systems Hires Chief Marketing Officer

socalTECH

Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine Systems develops software used for handling the financial close for companies. The company is backed by private equity firm Silver Lake. READ MORE>>.

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Tealium Gets $20M More For Tag Management

socalTECH

San Diego-based tag management software developer Tealium announced this morning that it has raised an additional $20M in funding, from private equity investor Silver Lake Waterman. Tealium, which is led by Jeff Lunsford, said it plans to use the funding for global expansion.

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Final Draft Acquired By Cast & Crew Entertainment

socalTECH

Calabasas-based software developer Final Draft , which develops screenwriting software, has been acquired by Burbank-based Cast & Crew Entertainment Services. The acquisition was supported by private equity investor Silver Lake Partners, which is the majority owner of Cast & Crew.