Strategic Investment

Santa Monica, CA (USA), November 2017 – Cornerstone OnDemand, a global leader in cloud-based learning and human-capital-management software, has announced that Silver Lake, the global leader in technology investing, together with LinkedIn, will make a $300 million strategic investment in Cornerstone. Cornerstone intends to use the proceeds of the new investment to fund growth initiatives and manage its capital structure, including repaying existing convertible debt and repurchasing common shares.