Tech Company Financing Transactions

Cornerstone OnDemand Funding Round

Bay Partners and Bessemer Venture Partners participated in a $32 million Series D funding round for Cornerstone OnDemand. The round was announced on 9/17/2007.

Transaction Overview

Company Name
Cornerstone OnDemand
Announced On
9/17/2007
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series D
Investors

Bay Partners (Lead Investor) (Neil Sadaranganey)

Bessemer Venture Partners (Lead Investor) (Byron Deeter)

Proceeds Purpose
According to Adam Miller, President and CEO of Cornerstone, the capital will be used to substantially increase sales coverage, expand international operations, build global alliances, and accelerate on-going product development and marketing initiatives.

Company Information

Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
1601 Cloverfield Blvd. 600
Santa Monica, CA 90404
USA
Phone
(310) 752-0200
Website
www.cornerstoneondemand.com
Email Address
[email protected]
Overview
Cornerstone OnDemand provides talent management, learning, and performance management software delivered as Software-as-a-Service (SaaS). Increase workforce productivity and employee engagement!
Profile
Cornerstone OnDemand LinkedIn Company Profile
Social Media
Cornerstone OnDemand Company Twitter Account
Company News
Cornerstone OnDemand News
Facebook
Cornerstone OnDemand on Facebook
YouTube
Cornerstone OnDemand on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adam Miller
  Adam Miller LinkedIn Profile  Adam Miller Twitter Account  Adam Miller News  Adam Miller on Facebook
Chief Financial Officer
Brian Swartz
  Brian Swartz LinkedIn Profile  Brian Swartz Twitter Account  Brian Swartz News  Brian Swartz on Facebook
Chief Technical Officer
Mark Goldin
  Mark Goldin LinkedIn Profile  Mark Goldin Twitter Account  Mark Goldin News  Mark Goldin on Facebook
General Manager
Vincent Belliveau
  Vincent Belliveau LinkedIn Profile  Vincent Belliveau Twitter Account  Vincent Belliveau News  Vincent Belliveau on Facebook
General Manager
Chirag Shah
  Chirag Shah LinkedIn Profile  Chirag Shah Twitter Account  Chirag Shah News  Chirag Shah on Facebook
VP - Administration
Adam Weiss
  Adam Weiss LinkedIn Profile  Adam Weiss Twitter Account  Adam Weiss News  Adam Weiss on Facebook
VP - Operations
Jeffrey Lautenbach
  Jeffrey Lautenbach LinkedIn Profile  Jeffrey Lautenbach Twitter Account  Jeffrey Lautenbach News  Jeffrey Lautenbach on Facebook

 

 

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Prev: 9/14/2007: Get Satisfaction venture capital transaction
Next: 9/17/2007: Primet Precision Materials venture capital transaction

 

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