Cornerstone OnDemand Sets IPO Offering Range…from socaltech.com

 

HRchitect featured Cornerstone OnDemand in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Santa Monica-based Cornerstone OnDemand, which develops online learning and talent management software, said Wednesday morning that it expects its IPO to price between $9.00 and $11.00 per share. The firm is looking to list on the NASDAQ Global Market as CSOD. Cornerstone OnDemand is selling 10.5 million shares of its stock, raising around $105M in the offering. Cornerstone OnDemand is headed by Adam Miller, and is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital.

For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
Matt Lafata, HRchitect

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