Santa Monica, August 27, 2007 – Inc. has ranked Cornerstone OnDemand #2,181 on the inaugural Inc. 5,000 list of the fastest-growing private companies in the country. The new Inc. 5,000 is an extension of Inc. magazine’s annual Inc. 500 list. Taken as a whole, these companies represent the backbone of the U.S. economy.
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies that are underreported in the business media.”
Cornerstone OnDemand, the only proven provider of integrated, on-demand talent management solutions and services, helps organizations to empower their people and optimize workforce productivity with a comprehensive suite of talent management solutions for learning, compliance, performance, succession and compensation management, as well as robust reporting and analytics. Cornerstone was recently noted by Bersin & Associates as having one of the most mature and well-developed integrated solutions for employee performance and learning management.
“Cornerstone is proud to be included in the Inc. 5,000 list of the fastest growing, private companies in America,” said Adam Miller, president and CEO of Cornerstone OnDemand. “Our inclusion is a testament to the viability and solid growth of Cornerstone over the past three years, including the number and diversity of customers we service, our commitment to customer success, and our geographical reach as we strengthen our presence around the globe.”
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year’s Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.
Methodology The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
About Cornerstone OnDemand Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity by offering a comprehensive suite of talent management solutions for learning, performance, compensation, succession and compliance management, as well as robust reporting and analytics. Cornerstone also provides over 30,000 pre-integrated training titles. The Company’s multi-tenant, multi-user software as a service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, flexibility, reliability and a lower total cost of ownership. Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate. Marquee organizations such as Aon, Barnes & Noble, DIRECTV, Honda, Mt. Sinai, Pitney Bowes and Smith Barney count on Cornerstone to help them achieve organizational excellence and competitive advantage.
For more information, please visit http://www.cornerstoneondemand.com.
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Press Contact: Michelle Haworth Cornerstone OnDemand, Inc. P: 310-752-0178 firstname.lastname@example.org