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Clearstone Re-Ups On Biometrics Firm AOptix

socalTECH

Santa Monica-based venture capital investor Clearstone Ventures has re-upped in a developer of biometric identity verification technology. The firm said the funding will go towards product development, sales and marketing. READ MORE>>.

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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. It's not a revenue multiple sale. EMC said--Kazeon is the most profitable part of the sale, so I want to own it. We were the Series A in there. READ MORE>>.

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Crowdfunder Gets Broker-Dealer License

socalTECH

Crowdfunder is backed by such investors as Tim Draper (DFJ), Bill Quigley (Clearstone, Crypto Currency Partners), Bridge 37 Ventures, Ideas & Capital Venture Capital, Maura O'Neill, Capital Nuts, Marcus Segal (Zynga), Mark Rampolla (ZICO Coconut Water), David Wilner (Windriver Systems), and others.

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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. Incubated by Clearstone Ventures in 2008. Current round: $7.0mm Series-B led by MK Capital, withClearstone Venture Partners and Shasta Ventures.

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Integrien Raises $8M

socalTECH

According to the firm, the round was led by Clearstone Venture Partners, and also included Acartha Group and Mariner Capital Ventures. Integrien said the new funding will go to accelerate growth in both its direct and indirect sales channels. in a new funding round. READ MORE>>.

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Rubicon Project Raises $18M, Buys Fox Audience Network

socalTECH

Rubicon said that the new funding round came from News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Tags: rubicon project news audience network merger acquisition venture capital advertising. READ MORE>>.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

1 of a product up and running in a few months weeks getting thousands of users for next to no capital, in Los Angeles many folks will take over a year and spend a million dollars just to get a beta product ready. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles.

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