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. BlackLine develops accounting software, which is used for managing the financial close process at companies. The IPO is being underwritten by Goldman, Sachs & Co., Tucker owns around 15.6% of the company. READ MORE>>.

Silver Lake 138

Silver Lake Woodland Hills Software Marketing 138

socalTECH

OCTOBER 27, 2016

Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 BlackLine is backed by Silver Lake Sumeru and ICONIQ, but was initially bootstrapped by its management team.

Pricing 100

Pricing Silver Lake Woodland Hills Software 100

socalTECH

JULY 28, 2015

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

Silver Lake 100

Silver Lake Funding Equity Software 100

socalTECH

OCTOBER 17, 2016

Woodland Hills-based accounting software maker BlackLine Systems has moved one step closer to its IPO, saying this morning in a regulatory filing that it is expecting its IPO to price at betwen $13.00 BlackLine is venture backed by Silver Lake Sumeru and ICONIQ. and $15.00

Silver Lake 100

Silver Lake Woodland Hills Pricing Software 100