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Who is Cornerstone OnDemand?

Cornerstone OnDemand is a private equity firm based in the United States.

Firm facts

Cornerstone OnDemand

Type: private equity firm
Headquarters: Santa Monica, United States
Website: cornerstoneondemand.com
Owned by: Clearlake Capital
Backed by: Vector Capital
Previously backed by: Silver Lake

Industries

Software & IT services

Last verified 2026-10-30

Has Cornerstone OnDemand approached you? Here’s what to do.

How they work

Cornerstone OnDemand develops software for workforce learning, skills, talent and employee development. Clearlake acquired the company in October 2021. Cornerstone has completed acquisitions of Saba, EdCast and SumTotal and added capabilities and specialist teams from Talespin and SkyHive in 2024.

Cornerstone has completed company acquisitions and capability-and-team acquisitions to extend its workforce software platform. Its official announcements describe strategic fit and integration but do not publish a standard seller timetable, financial target range or currently open acquisition programme.

Capital model: Strategic operating company controlled by Clearlake following its completed acquisition of the outstanding public shares in October 2021; no separate current acquisition funding commitment is stated.
Platform or bolt-on: Completed acquisitions have added complementary learning platforms, talent software, content, skills intelligence and specialist teams to Cornerstone’s existing platform.
Sector focus: Learning, workforce skills and talent technology, with demonstrated acquisitions of learning platforms and complementary content, AI and immersive-learning capabilities.

Their portfolio

Showing 3 of 3 known holdings — coverage is still partial.

Company

Sector

What they do

EdCast
SectorSoftware & IT services
What they doLearning-experience platform acquired in May 2022 and organised as an EdCast business unit within Cornerstone.
Saba Software
SectorSoftware & IT services
What they doTalent experience software acquired in April 2020; Saba remains a named product family on Cornerstone’s current website.
SumTotal
SectorSoftware & IT services
What they doLearning and human-capital-management software acquired from Skillsoft in August 2022; SumTotal remains a named Cornerstone product family.

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Sources

cornerstoneondemand.com · portfolio page
cornerstoneondemand.com · website
cornerstoneondemand.com · research
cornerstoneondemand.com · research
cornerstoneondemand.com · research
cornerstoneondemand.com · research
silverlake.com · research
clearlake.com · research
cornerstoneondemand.com · research
cornerstoneondemand.com · research
cornerstoneondemand.com · research
cornerstoneondemand.com · research

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The truth, first.Data as at 2026-10-30