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. 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.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

OCTOBER 3, 2016

BlackLine is venture backed by Silver Lake Sumeru and ICONIQ, and led by Therese Tucker. The IPO is being underwritten by Goldman, Sachs & Co., Morgan, Pacific Crest Securities, Raymond James, William Blair, and Baird. Tucker owns around 15.6% of the company.

Silver Lake 138

Silver Lake Woodland Hills Software Marketing 138

socalTECH

JULY 28, 2015

The funding was led by Montreux Equity Partners, and also included Silver Lake Partners and the company's existing investors. 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.

Silver Lake 100

Silver Lake Funding Equity Software 100

socalTECH

OCTOBER 17, 2016

BlackLine is venture backed by Silver Lake Sumeru and ICONIQ. BlackLine, which was founded and is led by CEO Therese Tucker, is selling 8,600,000 shares of its common stock, and intends to list on the NASDAQ Global Select Market as BL.

Silver Lake 100

Silver Lake Woodland Hills Pricing Software 100

socalTECH

OCTOBER 27, 2016

BlackLine is backed by Silver Lake Sumeru and ICONIQ, but was initially bootstrapped by its management team. The IPo was managed by Goldman, Sachs & Co. Morgan, along with Pacific Crest Securities, a division of KeyBanc Capital Markets, Raymond James, William Blair and Baird. The company is led by Therese Tucker.

Pricing 100

Pricing Silver Lake Woodland Hills Software 100