Friday, August 5, 2011
Cornerstone OnDemand Continues Growth Trend
Santa Monica-based Cornerstone OnDemand, the developer of human resources and talent management software headed by Adam Miller, is continuing its growth trend, saying in its Q2 2011 financial results that the firm had a 65 percent, year-over-year increase in its gross revenues. The firm reported revenues of $17.4M in the quarter, the second quarter of reporting for the newly public firm. Cornerstone OnDemand hit the public markets in March. Cornerstone OnDemand's products are used for employee learning and talent management by businesses.