SaaS Provider Cornerstone OnDemand (CSOD) Files $171.65M IPO

July 20, 2011 10:28 AM UTC
Cornerstone OnDemand, Inc. (Nasdaq: CSOD), filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is about $171.65 million. Cornerstone plans to list on the Nasdaq Global Market under the ticker "CSOD."

The offering is being made through Goldman, Sachs & Co., Barclays Capital, William Blair & Company, Pacific Crest Securities, Piper Jaffray, Needham & Company, LLC, and JMP Securities.

Cornerstone OnDemand is a global provider of a comprehensive learning and talent management solution delivered as software-as-a-service.


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Piper Jaffray, William Blair, Needham & Company, JMP Securities, Barclays, Pacific Crest Securities