The talent management software provider launched corporate venturing subsidiary Cornerstone Innovation Fund in 2013 and has now backed four companies.
Cornerstone Innovation Fund, the strategic investment arm of US-based talent management software producer Cornerstone OnDemand, yesterday announced the first four companies it has funded.
The unit was launched in 2013 with the aim of backing a few startups each year, focusing on those that would enable Cornerstone to expand its ecosystem. Cornerstone committed to investing between $250,000 and $1m, alongside other investors.
The four startups that received seed funding are One Month, Rallyteam and Strive, which each received an undisclosed…
