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.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to https://twitter.com/cornerstoneinc. To read Cornerstone OnDemand’s talent management blog, visit https://www.cornerstoneondemand.com/blog.
For more information about the Inc. 5000, visit http://www.inc.com/inc5000/2009/index.html.
Cornerstone is a premier people development company. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize the potential of their people. Featuring comprehensive recruiting, personalized learning, modern training content, development-driven performance management and holistic employee data management and insights, Cornerstone’s people development solutions are used by approximately 6,300 clients of all sizes, spanning more than 75 million users across over 180 countries and nearly 50 languages. Learn more at www.cornerstoneondemand.com.