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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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Tealium Gets $20M More For Tag Management

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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. READ MORE>>.

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Kareo Adds $55M In Funding

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Irvine-based Kareo , the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M in a new funding round. The funding was led by Montreux Equity Partners, and also included Silver Lake Partners and the company's existing investors. READ MORE>>.

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Tealium Scores $35M More For Tag Management Software

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San Diego-based Tealium has raised $35M more in funding, the company said Wednesday, in what the company described as growth capital. The funding came from all of its existing investors. Tealium is a developer of enterprise tag management software. Tealium is a developer of enterprise tag management software.

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Cast & Crew Acquired By Private Equity Investor EQT

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Burbank-based Cast & Crew , which provides software and services for both payroll and production management to Hollywood, has been acquired by private equity investor EQT Partners. Cast & Crew previously was owned by private equity investor Silver Lake. EQT Partners said Cast & Crew was acquired by its EQT VIII fund.

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BlackLine's Early Investors Eye Liquidity

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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 Investors Look For More Liquidity In New Offering

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According to BlackLine, the shares in the offering are being sold by Silver Lake Sumeru, investment funds affiliated with ICONIQ, Therese Tucker, the company's CEO and founder; and Mario Spanicciati, the company's Chief Marketing Officer. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.