Clearstone Portfolio Firm Cetas Acquired By VMware
APRIL 24, 2012
Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. Financial terms of the acquisition were not disclosed.
Clearstone Gets Exit At Apture
NOVEMBER 10, 2011
Santa Monica-based venture capital firm Clearstone Ventures has scored an acquisition in its portfolio today, with the acquisition of Apture by Google. Apture had been backed by Clearstone Venture Partners, Beau Vrolyk, Paul Maritz, and Steve Taylor. Clearstone was involved in Apture's Series A in March of 2009.
Clearstone Ventures Into Apture
MARCH 17, 2009
Santa Monica-based Clearstone Venture Partners is the lead investor in a Northern California firm focused on the blogging and publishing industry, Apture. David Stern and Sumant Mandal of Clearstone have joined Apture's board along with the funding. Tags: ventures blogging content venture clearstone capital publishing apture
Clearstone Portfolio Firm Meru Networks Files for IPO
DECEMBER 21, 2009
A portfolio firm of Santa Monica-based Clearstone Ventures , Meru Networks , filed for an IPO late Friday night, saying it is looking to go public on the NYSE. owned by Clearstone Ventures, said it would look to raise up to $86.25M in an IPO underwritten by BofA Merrill Lynch, Baird, Cowen and Company, JMP Securities LLC, and ThinkEquity LLC.
ActionAllStars.com Signs Up 100K Users For Sports Site
JANUARY 13, 2009
The firm is venture backed by Clearstone Venture Partners and Prism Venture Partners, and raised $7M in a venture round around September. Minard Hamilton, the firm's CEO and co-founder, told us that that the most popular part of the site has been the firm's areas for NBA games. READ MORE>>.
Interview with Mark Suster, GRP Partners
JULY 13, 2009
So we think we're the right size for the market in 2009. My competition is not Rustic Canyon, it's not Clearstone, or the other venture firms in town. This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). We invested in Overture, which was sold for $1.2 We're taking it seriously. more).
Insights and Opinions: Top 10 Board Meetings Do's And Don'ts For CEOs
JULY 16, 2009
This morning's Insights & Opinions piece comes from Jim Armstrong , Managing Director at Clearstone Venture Partners. Tags: insights opinions armstrong clearstone venture capital Jim is very active helping Southern California's aspiring entrepreneurs, and has been instrumental in helping to promote the technology industry here.
False Negatives and the Anti-Portfolio
Ask the Angels
NOVEMBER 23, 2009
Seeing last week’s Venture Capital Dispatch in the online Wall Street Journal, When Venture Capitalists Let One Slip Away , reminded me of Jim Armstrong’s (Clearstone Venture Partners) comment last year about false negatives. You cannot afford to be looking the wrong way.. Electric guitars are now old hat. in 1977).
Six Degrees Games Raises $7M
NOVEMBER 10, 2009
The round was led by Time Warner, and also included prior investors Clearstone Venture Partners and Prism VentureWorks. READ MORE>>.
LeisureLink Raises $3.5M
OCTOBER 29, 2009
Pasadena-based LeisureLink , which operates an online marketplace and service for vacation rental booking, has raised $3.5M in a funding round.
Time to Buy or Time To Hide?
SoCal Tech Calendar
JANUARY 16, 2009
Thursday, January 22, 2009 -- Time to Buy or Time To Hide? Panelists include Samuel Tang, Founding Partner - Montauk TriGuard; Jim Armstrong, Managing Director - Clearstone Ventures; and Randy Lunn, Managing Director Emeritus - Palomar Ventures. Keynote by Ramin Taloui, Executive VP - PIMCO. See [link] (more
Integrien Raises $6.5M
AUGUST 19, 2009
The firm, which has previously raised funding from Clearstone Ventures and the Acartha Group, continues to have Clearstone's Jim Armstrong and Acartha's Ameet Patel listed as board members. Details on the funding have not been announced by the company.
Six Degrees Partners For Moderation Software
DECEMBER 21, 2009
Six Degrees is venture backed by Clearstone Venture Partners, Prism VentureWorks, and Time Warner. READ MORE>>.
Rubicon Project: 270 Percent Year over Year Growth
DECEMBER 17, 2009
Los Angeles-based Rubicon Project , the online advertising optimization service firm headed by Frank Addante, is claiming this morning that the firm saw 270%, year over year growth in 2009. The firm is backed by $42M in funding from Clearstone Ventures, Mayfield, IDG Venturs, and the GE/NBC Universal Peacock Equity Fund. READ MORE>>.
Integrien Claims Record Growth
NOVEMBER 10, 2009
Irvine-based Integrien , a developer of IT analytics and performance measurement software, reported today that it had "record" quarterly bookings in Q3 of 2009. Integrien is venture backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels. The privately held firm said its bookings were up 238% year-over-year.
LeisureLink Signs Florida Lodging Operator
MAY 14, 2009
Financial impact of the win was not disclosed. According to LeisureLink, the resort has implemented its booking engine on its web site. READ MORE>>.
Geodelic Updates Mobile App
DECEMBER 31, 2009
LeisureLink Gets $6.2M
MARCH 25, 2009
Pasadena-based LeisureLink has closed on $6.2M in a first tranche of additional funding for the travel firm, the company disclosed today. READ MORE>>.
Geodelic Lands Universal Studios Hollywood
OCTOBER 9, 2009
According to the firms, the app will enable iPhone and Android users to get park attraction directions, minute-by-minute updates, and tips on shows.
Pitching Venture Capitalists
SoCal Tech Calendar
JUNE 16, 2009
Monday, June 22, 2009 -- Pitching Venture Capitalists - Startups Uncensored #8. Mark Suster, a serial venture backed entrepreneur and current Partner at GRP Venture Capital, and David Stern, Partner at Clearstone Venture Capital and kickass VC Blogger. This months Startups Uncensored will be on Pitching Venture Capitalists.
Integrien Names Strategy VP
DECEMBER 15, 2009
The firm, which is backed by Clearstone Ventures, Acartha Group, and the Tech Coast Angels, said that Dodd joins the firm from IBM, where he was ran Global Operations and Enterprise Automation supporting Kaiser Permanente. Dodd has also served at United Health Group. READ MORE>>.
The Workshop: Get Funded in One Day (Dealmaker LA)
SoCal Tech Calendar
SEPTEMBER 30, 2009
Tuesday, October 6, 2009 -- The Workshop: Get Funded in One Day (Dealmaker LA). Brought to you by the team who produces Startonomics and Dealmaker LA, this hands-on "workshop-style" event will allow entrepreneurs to drill down on the key issues we face when laying the foundation to build and fund their company. See [link] (more
Rubicon Raises $9M More
SEPTEMBER 22, 2009
The Series C funding was led by the GE/NBCU Peakcock Equity Fund, and also included Clearstone Venture partners and Mayfield Fund. Los Angeles-based Rubicon Project , which provides Internet advertising optimization services to publishers, announced today that it has raised $9M more. The new funding brings the company's total raised to $42M.
Integrien Adds To Advisory Board
SEPTEMBER 10, 2009
Integrien is backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels. Irvine-based Integrien , a developer of IT analytics software, announced today that it has added Carol Dingle, most recently VP Product Development and Shared Services at Digital Insight/Intuit, to its technology advisory board. READ MORE>>.
SupplyFrame Gains $1.5M
MAY 6, 2009
The firm has previously raised funding from such companies as Clearstone Venture Partners, US Venture Partners; CommerceNet is also now listed as an investor. Pasadena-based SupplyFrame , which operates a service for searching for information on electronic components, has raised $1.5M in an initial funding of a $4.0M
Los Angeles Tech Launched - Hot List
JANUARY 20, 2009
I'm happy to announce the launch of the Los Angeles Tech Content Community. This is the beginning of a content community that collects and organizes the best content from blogs and web sites. The goal is to create a place where it's relatively easy to find current content and highly relevant content surrounding Los Angeles Technology.
Integrien Gets Another Patent
DECEMBER 8, 2009
Integrien is venture backed by Clearstone Ventures and the Acartha Group. Irvine-based Integrien , a developer of IT performance analytics software, announced this morning that it has received another patent on its technology. The firm said that the patent is the second issued for the firm, which has another 11 additional patent applications.
Rubicon Bolsters Certified Inventory Effort
NOVEMBER 24, 2009
Los Angeles-based The Rubicon Project , the online advertising optimization firm backed by Clearstone, Mayfield, IDG, and Peacock Equity, said today that it has enhanced its "Certified Inventory" program with a partnership with AdSafe Media. Financial details of the relationship were not disclosed. READ MORE>>.
Rubicon Project Buys Others Online
SEPTEMBER 15, 2009
Rubicon is venture backed by Clearstone, IDG, Mayfield, and others. Los Angeles-based Rubicon Project , a venture backed provider of online advertising optimization services, said today that it has acquired Others Online , a provider of a behavioral targeting service for the online advertising industry. READ MORE>>.
Rubicon Project Hires International VP
JUNE 8, 2009
Rubicon is venture backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures. Los Angeles-based Rubicon Project announced today that the firm has expanded into the UK, and hired on Jay Stevens as Vice President and General Manager, International. As part of the hire, Rubicon said it has opened up a new office in London.
ActionAllStars.com In Partnership With Candystand
MARCH 24, 2009
ActionAllStars is operated by Six Degree Games, and is venture backed by Clearstone Venture Partners and Prism Venture Partners. Marina Del Rey-based ActionAllStars.com , which develops virtual worlds for kids from six to 14 years old, said this morning that it has linked up with Candystand.com , an online gaming and entertainment site.
Rubicon: CPMs Up For Ad Publishers
SEPTEMBER 1, 2009
Rubicon is venture backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures, and has raised $33M in funding. Los Angeles-based Rubicon Project , which provides online advertising optimization for web publishers, reports this morning that its latest advertising market survey finds that CPMs are up "significantly" in Q2.
Rubicon Opens Office In Australia, Hires Away Googler
AUGUST 26, 2009
Rubicon is backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures, and helps online publishers optimize the selection of advertising networks used on their inventory. Smith was most recently Head of Platform Japan + Asia Pacific at Google, and has also served at DoubleClick, Red Sherrif, and Pearson. READ MORE>>.
Rubicon Signs New York Advertising Firm
AUGUST 12, 2009
The firm is venture backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures Asia. Santa Monica-based Rubicon Project has signed a New York company, Katz 360 Sales, to give Katz access to its inventory of premium display ads, the firms announced today. READ MORE>>.
Rubicon Taps Firm to Sell Premium Ads
AUGUST 12, 2009
The firm is venture backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures Asia. Santa Monica-based Rubicon Project has tapped a New York company, Katz 360 Sales, to sell premium display ads to advertisers, the firms announced today. READ MORE>>.
Rubicon Project Opens London Office
JULY 2, 2009
Rubicon Project is backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures, and operates a service which optimizes online advertising networks and ads for Internet publishers. Thomas was most recenlty at Xelector, and has also served at AOL Europe, and has a degree from UCSB. READ MORE>>.
Yahoo To Shut Geocities
APRIL 23, 2009
Geocities founder David Bohnett is now running his own investment firm, Baroda Ventures, which has become more active in recent months, and just hired on venture capitalist Peter Lee (formerly of Prism Ventures and Clearstone Ventures) as a Partner at the firm. billion stock-and-option acquisition by Yahoo in 1999.
Rubicon Projects Raises $13M More
APRIL 13, 2009
The investment included $5M in equity funding from Clearstone Venture Partners, Mayfield Fund, and IDG Ventures Asia, and also included $8M in debt from Silicon Valley Bank. Rubicon said that the Series B follow-on funding will go twards strategic acquisitions, research and development, international expansion, and infrastructure.
Baroda Ventures Snags Lee As Partner
MARCH 20, 2009
Lee has also served at Clearstone Venture Partners, Fortis Partners, Goldpocket Interactive, and McKinsey & Co. Beverly Hills-based Baroda Ventures , an early stage venture capital fund, has hired on Peter Lee as a new Partner at the firm. Lee joins the firm from Prism Ventures.
Southern California Venture Totals Drop in Q4
JANUARY 23, 2009
PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3