Cornerstone Galaxy
By Cornerstone
Cornerstone OnDemand is a leading cloud-based talent management platform that empowers organizations to recruit, develop, and retain top talent through a comprehensive suite of solutions. Founded in 1999 and headquartered in Santa Monica, California, Cornerstone offers modules for learning management, performance management, recruiting, onboarding, compensation, succession planning, and analytics. The platform supports over 125 million users across 186 countries and is available in 50 languages, serving clients ranging from large enterprises to government agencies and non-profits. In 2021, Cornerstone was acquired by Clearlake Capital, transitioning to a privately held company. The company has expanded its capabilities through strategic acquisitions, including Saba, SumTotal, EdCast, and SkyHive, enhancing its offerings in learning experience, skills intelligence, and extended reality. Cornerstone's solutions are designed to foster a culture of continuous learning and development, enabling organizations to adapt to the evolving workforce landscape.
Founded in 1999 in Santa Monica, California, by Adam Miller, Perry Wallack, and Steven Seymour, Cornerstone OnDemand began as CyberU, focusing on online corporate training. Over time, it evolved into a comprehensive human resources software provider. The company went public in 2011 under the NASDAQ ticker CSOD. In 2021, it was acquired by Clearlake Capital for $5.2 billion and taken private, with Vector Capital also making a minority investment.
In 2017, Cornerstone received a $300 million investment from LinkedIn and Silver Lake. The 2021 acquisition by Clearlake Capital valued the company at approximately $5.2 billion, with shareholders receiving $57.50 per share in cash.
Post-acquisition of EdCast in 2022, Cornerstone integrated AI, machine learning, and people data to create an open platform for employee development. This platform enables organizations to build scalable learning infrastructures, personalize growth experiences, and enhance productivity across businesses.
Cornerstone emphasizes a culture of growth, agility, and success. In a 2018 survey, 85% of employees reported it as a great place to work, highlighting a welcoming environment, supportive facilities, and a strong sense of community.
As of 2024, Cornerstone serves over 7,000 customers and 125 million users across 186 countries. Its platform supports 50 languages, catering to a diverse global workforce.
