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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. Financial terms of the acquisition were not disclosed. Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D.

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Clearstone's Sumant Mandal On Exits, Opportunities

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Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. The other three have been acquisitions, all of which are in the three digit sorts of millions, hundreds of millions, that sort of range. We were the Series A in there.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

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Rumored to have turned down acquisition offers from Yahoo and Facebook. Money to be used for hiring and additional product development. A social analytics platform for Facebook app developers and publishers that provides detailed demographic and engagement data. Incubated by Clearstone Ventures in 2008.

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