# Cornerstone OnDemand

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cornerstone-ondemand

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.cornerstoneondemand.com/
- Total disclosed funding: $29M
- Latest round: Series E (Mar 14, 2009)
- Investors on record: 3

## About

Founded in 1999 and based in California, US, Cornerstone OnDemand, Inc. is a human resources management software company founded by Adam Miller and Perry Wallack. The company is listed on the Nasdaq under the symbol CSOD. In May 2024, Cornerstone OnDemand, Inc., a portfolio company of Clearlake Capital Group and Vector Capital, acquired SkyHive Technologies, Inc.'s AI-powered skills intelligence platform and services. As of June 2024, the company is led by its CEO, Himanshu Palsule, and serves over 7,000 customers and 125 million users across 186 countries.

The company provides a platform that includes several key components tailored to meet diverse organizational needs, such as cornerstone learn, which provides a learning management system that supports multi-modal learning experiences, helping employees acquire new skills and knowledge; cornerstone elevate, which is focused on performance and succession planning; and cornerstone transform, which is a tool that facilitates talent management, enabling organizations to recruit, retain, and engage talent. Cornerstone’s platform also includes capabilities for learning experience, compliance management, skills development, DEI initiatives, and content curation.

The May 2024 acquisition strengthens Cornerstone OnDemand, Inc.'s AI-powered workforce agility platform as well as its global presence.

## Funding rounds

- Series E, Mar 14, 2009, $13M — Bay Partners, Meritech Capital Partners, Bessemer Venture Partners
- Series D, May 22, 2007, $16M — Bay Partners, Bessemer Venture Partners

## Investors

- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series D, Series E
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series D, Series E
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series E