Inc. Magazine Ranks Cornerstone OnDemand Among Top 100 Fastest-Growing Private Software Companies

Third-annual Inc. 5000 list recognizes Cornerstone for three-year sales growth of 278 percent; also ranked among the top 100 Los Angeles-area companies

Santa Monica, Calif., August 18, 2009 Inc. magazine has ranked Cornerstone OnDemand Inc. among the top 100 fastest growing private software companies in the U.S. (no. 69) as part of its third-annual Inc. 5000 list.  Also ranked among the top 100 Los Angeles-area companies (no. 75), Cornerstone was recognized for its three-year sales growth of 278 percent since 2005.  Overall, the company ranked at no. 1,136 on the Inc. 5000, advancing more than a thousand positions since the list launched in 2007. 

A leading provider of learning and talent management software and services, Cornerstone continues to outperform its competitors despite current economic conditions.  In addition to triple-digit growth of new client bookings and a 250 percent surge in active users of its Software-as-a-Service (SaaS)-based solution since last year, the company is significantly expanding its global reach via a new relationship with ADP® Employer Services, which has more than 550,000 clients worldwide. 

“We are honored to be recognized by Inc. magazine as one of the country’s fastest growing software companies,” said Adam Miller, President and CEO of Cornerstone OnDemand.  “Cornerstone has grown at a record pace over the past three years, thanks to industry-leading product innovation, best-in-class client service, global expansion, and the success of our sales teams and reseller channels.  This strong momentum puts us in an excellent competitive position to further establish Cornerstone as the top choice for companies investing in the development and management of their most valuable asset: their employees.” 

Miller recently was named 2009 CEO of the Year by the Technology Council of Southern California. The award recognizes the leader of a Southern-California-based technology company that has best-in-class performance in areas such as profitability, team-building and product innovation. 

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About Cornerstone OnDemand
Cornerstone OnDemand empowers people around the world with on-demand, integrated learning and talent management software and services for connecting, developing and performing in the workplace.  Cornerstone’s Software-as-a-Service (SaaS)-based solutions span the workforce lifecycle, including onboarding, learning, social networking, compliance, performance, compensation and succession planning.  The company also provides extended enterprise solutions to help companies better train and collaborate with customers, vendors and resellers.  Available in 16 languages and supported by global, 24x7 customer care, Cornerstone is used by more than 2.5 million active subscribers in 141 countries.  The company is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv. 

Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc. 

Press Contact:
Michelle Haworth
Cornerstone OnDemand, Inc.
P: +1 (310) 752-0178