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Clearstone Gets Exit At Apture

socalTECH

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.

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Clearstone Portfolio Firm Cetas Acquired By VMware

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Santa Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas , a developer of cloud data analytics software, by VMware. Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. Financial terms of the acquisition were not disclosed. READ MORE>>.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy. million, compared to a $4.47

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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Forbes Midas List Skips SoCal, Again

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The last time Forbes has placed a Southern California venture capitalist on the Midas List appears to have been in 2009, when Jim Gauer of Palomar Ventures made the list. READ MORE>>.

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Rubicon Project: 270 Percent Year over Year Growth

socalTECH

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.

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Integrien Claims Record Growth

socalTECH

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.