Cornerstone-OnDemandrevenue, acquisition & funding
Talent Management Software1601 Cloverfield Blvd., Suite 600S, Santa Monica, CaliforniaFounded 1999
Cornerstone-OnDemand was acquired by Clearlake Capital Group in 2021.
Cornerstone-OnDemand is a Talent Management Software company based in Santa Monica, founded in 1999.
Cornerstone-OnDemand revenue
Cornerstone-OnDemand's annual revenue was $740.9M in December 2020, its last figure before Clearlake Capital Group bought it (SEC filing). That is up 29% from $576.5M a year earlier.
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2019 | $576.5M | SEC filing |
| Dec 2020 | $740.9M | SEC filing |
Who owns Cornerstone-OnDemand
Clearlake Capital Group owns Cornerstone-OnDemand. It bought the company in October 2021 for $5.2B (SEC filing).
Cornerstone-OnDemand funding rounds & investors
Cornerstone-OnDemand has raised $44.7M across two rounds since 2007. The latest was a $12.7M funding round in March 2009.
| Date | Round | Raised |
|---|---|---|
| Mar 2009 | Funding round | $12.7M |
| Sep 2007 | Funding round | $32M |
| Total raised | $44.7M |
Cornerstone-OnDemand CEO & employees
Phil Sanders was CEO of Cornerstone-OnDemand. Cornerstone-OnDemand had 1,000 employees (August 2020).
- Phil SandersCEO
BoardJim McGeever, Hal Burlingame, Adam Miller, Robert Cavanaugh, Joe Osnoss, Mark Baker, Elisa Steele, Kristina Salen
InvestorsByron Deeter, Neil Sadaranganey, John Frankel, Rob Wardi
Cornerstone-OnDemand FAQ
What was Cornerstone-OnDemand's revenue?
Before Clearlake Capital Group bought it, Cornerstone-OnDemand's annual revenue was $740.9M in December 2020, according to an SEC filing.
Who owns Cornerstone-OnDemand?
Clearlake Capital Group owns Cornerstone-OnDemand. It bought the company for $5.2B in October 2021, according to an SEC filing.
How much funding has Cornerstone-OnDemand raised?
Cornerstone-OnDemand raised $44.7M across two funding rounds before Clearlake Capital Group bought it. The last was a $12.7M funding round in March 2009.
How many employees does Cornerstone-OnDemand have?
Cornerstone-OnDemand had 1,000 employees in August 2020.
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How this page is sourced
2 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Cornerstone-OnDemand? Join the podcast