socalTECH

AUGUST 15, 2013

Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Financial terms of the investment were not announced. blackline systems accounting software merger acquisition exit venture capital private equity'

Silver Lake 147

Silver Lake Invest Equity Venture Capital 147

L.A. Business Journal

NOVEMBER 8, 2017

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.

Silver Lake 157

Silver Lake Cornerstone OnDemand Equity Software Development 157

socalTECH

NOVEMBER 9, 2017

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. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

SEPTEMBER 13, 2013

It looks things are definitely growing at financial software firm Blackline Systems , as the firm clarified that it actually did just over $25M in revenues in 2012, and is on track to have $40M plus in revenues for 2013. blackline systems accounting software expansion merger acquisition silver lake' READ MORE>>.

Silver Lake 164

Silver Lake Equity Acquisition Software 164

socalTECH

SEPTEMBER 12, 2013

Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. The company recently took a majority investment from Silver Lake Sumeru. BlackLine said it took the No.

Silver Lake 147

Silver Lake Equity Software Acquisition 147

socalTECH

DECEMBER 4, 2017

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.

Silver Lake 113

Silver Lake Woodland Hills Software Development Pricing 113

socalTECH

MARCH 13, 2018

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>>.

Silver Lake 113

Silver Lake Los Angeles Invest Funding 113