Rallyteam, a San Francisco, CA-based talent networking platform, received an investment from the Cornerstone Innovation Fund.
The amount of the deal was not disclosed.
Led by Daniel Ellis, Huan Ho, and David Somers, Rallyteam provides a networking platform that intelligently matches employees to projects, tasks, ideas and people, enabling teams to self-organize and companies to respond faster to change.
The company was launched Rallyteam at TechCrunch Disrupt 2014 and has been part of Seattle-based Microsoft Ventures Accelerator.
The Cornerstone Innovation Fund is the strategic venture arm of Cornerstone OnDemand (NASDAQ:CSOD), a provider of cloud-based talent management software solutions, and is focused on investing in and collaborating with next generation cloud startups.
The fund invests in early to growth stage companies and, as a strategic partner, provides mentorship, distribution, and resources to support the development of their businesses.