Remove Capital Remove Clearstone Remove Incubator Remove Santa Monica
article thumbnail

Clearstone Portfolio Firm Cetas Acquired By VMware

socalTECH

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.

article thumbnail

Clearstone's Sumant Mandal On Exits, Opportunities

socalTECH

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. Sumant Mandal: First of all, you know our heritage is as an incubator. Clearstone itself was an incubated entity, out of Idealab, it was Idealab Capital.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Geodelic Ships Application With T-Mobile

socalTECH

Santa Monica-based Geodelic announced today that the firm is shipping a new application for local discovery, along with T-Mobile USA. in funding from Clearstone Venture Partners and Shasta Ventures. in funding from Clearstone Venture Partners and Shasta Ventures. Geodelic is headed by Rahul Sonnad, and is backed by $3.5M

Mobile 100
article thumbnail

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

Both Sides of the Table

Company plans to use the capital to build out sales and marketing and r&d. -a led by Altos Ventures and Maverick Capital, with Larry Braitman. Founded in 2008 in Santa Monica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. Incubated by Clearstone Ventures in 2008. a fbFund winner.

Zag 248