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Cornerstone OnDemand Clears $12 Million Venture Capital

Tuesday, March 17, 2009 5:30:00 AM PDT | VentureDeal Staff

Santa Monica, California  --  IT company Cornerstone OnDemand has secured $12 million in its series B round of institutional venture capital funding, according to a report in PE Hub.

Cornerstone OnDemand has created what it calls a "talent management platform for learning and development, performance management, succession planning, compliance and compensation management."

Investors in the round were not disclosed, nor was how the company intended to use the proceeds purposes.

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