Thursday, March 4, 2010
Cornerstone OnDemand Trumpets Growth
Santa Monica-based Cornerstone OnDemand reported strong 2009 performance, saying Thursday afternoon that the firm had a 64 percent growth in its client base in 2009, and an 83 percent increase in users from December 2008. The firm said it now has 3.3 million users of its service, which is used for learning and talent management in companies. No actual financials were disclosed by the company, which is privately held. The firm also said it had a strong Q4, with client booking up 66 percent from Q4 of 2008.