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Clearstone Backs Openbucks

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Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. in a Series A for the company, which allows users to trade in gift cards from a number of retailers to pay for merchandise and services online.

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Rubicon Project's Big Winners: Clearstone, News Corp., Mayfield

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Rubicon''s IPO also meant an exit for angel investor Matt Coffin, whose stake in the company is now worth around $648,00 READ MORE>>. rubicon project merger acquisition clearstone news mayfield winners frank addante' Who were the biggest winners in the successful IPO of Santa Monica-based Rubicon Project ?

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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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March Capital Backs Mandal's The Fabric

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Los Angeles-based March Capital Partners has joined Verizon Ventures in backing a new, early stage investment accelerator--called The Fabric --whose co-founders include Sumant Mandal, a Managing Partner at March Capital Partners, and former Managing Partner at Clearstone Ventures.

Capital 100
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March Capital Partners Launches $240M Venture Fund

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Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M.

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March Capital Partners Backs Appcito

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Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. READ MORE>>.

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This Week in VC with Jim Armstrong of Clearstone

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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.