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

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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 ? Rubicon''s President, Greg Raifman, now holds a stake worth $11.96M; and CFO and COO Todd Tappin''s stake is worth $10.0M.

News 23

Clearstone Backs CupidsPlay.com

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Santa Monica-based venture capital firm Clearstone Ventures has backed a developer of an online social dating and games firm, CupidsPlay. CupidsPlay said it received seed funding from Clearstone. cupidsplay clearstone venture capital funding online gaming content videogame social gamesCupidsPlay is based in Bellevue, Washington.

Clearstone Portfolio Firm Cetas Acquired By VMware

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

Clearstone Gets Exit At Apture

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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. READ MORE>>.

Clearstone Tops CalPERS IRR List

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Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. , a 1999-vintage fund from Santa Monica-based Clearstone, which had an IRR of 154.7 investment calpers ventures capital venture avalon clearstonepercent. Second on the returns list was Avalon Ventures VIII, L.P. with 109.7 READ MORE>>.

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. giftcard gift mobile card payment financial capital venture clearstone openbucksREAD MORE>>.

Clearstone Ventures Into Apture

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Santa Monica-based Clearstone Venture Partners is the lead investor in a Northern California firm focused on the blogging and publishing industry, Apture. David Stern and Sumant Mandal of Clearstone have joined Apture's board along with the funding. Tags: ventures blogging content venture clearstone capital publishing apture

Clearstone Gets Another Win With Ankeena

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Santa Monica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Clearstone's Sumant Mandal sits on Ankeena's board of directors. Tags: clearstone ventures merger acquisition ankeena networks juniper

Clearstone I Tops CalPERS Fund Performance

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Santa Monica-based venture capital firm Clearstone Venture Partners currently tops the list for the best performing fund within CalPERS private equity funds, according to recently released figures from CalPERS. According to the numbers, Clearstone Venture Partners 1-B, which was raised in 1999, has returned CalPERS so far 154.7

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.

Clearstone Gets Big Win With Meru

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Santa Monica-based venture capital firm Clearstone Ventures was among the big winners Wednesday in the IPO debut of Sunnyvale-based Meru Networks , a developer of virtual wireless LAN products. Clearstone was the biggest shareholder in Meru before the IPO, with 20.9 NeoCarta Ventures, Bluestream Ventures, D.E.

What Mattered in 2010: Jim Armstrong, Clearstone Ventures

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For today's contribution, we spoke with Jim Armstrong , a venture capitalist at Clearstone Venture Partners. 1. think we are there. 5.

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. Segment Two: “Deal of the Week”.

Insights and Opinions: A VC's Comments On Investing and Startups in LA

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remember the day Clearstone associate Jaideep Singh came into my office and said "Dude, you got to meet these guys and you got to invest."

Clearstone Portfolio Firm Meru Networks Files for IPO

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A portfolio firm of Santa Monica-based Clearstone Ventures , Meru Networks , filed for an IPO late Friday night, saying it is looking to go public on the NYSE. owned by Clearstone Ventures, said it would look to raise up to $86.25M in an IPO underwritten by BofA Merrill Lynch, Baird, Cowen and Company, JMP Securities LLC, and ThinkEquity LLC.

Menlo Ventures Karl Mehta Launches CodeForIndia.Org To Empower Citizens In India

Tech Zulu Event

Think Local, Hack Global. The teams of volunteer individuals and organizations are not just in for hype. Student performance. and sold it to VISA Inc.

Games2Win Finds New Investor

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Games2Win , the provider of online casual games backed by Clearstone Venture Partners, has scored an investment from Nirvana Venture Advisors, according to a number of Indian business publications. The firm is one of the companies which Clearstone has invested in as part of its efforts in India. Games2Win is based in Mumbai, India.

LeisureLink Acquired By VacationRoost

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LeisureLink was venture backed by Clearstone Venture Partners and Mission Ventures, and also had received a strategic investment from Wyndham Worldwide. Clearstone''s Jim Armstrong joins VacationRoost''s Board of Directors as part of the deal. Financial terms of the buy were not announced. The company was led by Tom Lamb. READ MORE>>.

Tech Investor Pierce Makes Offer For Mt. Gox

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BitAngels angel investment group focused on Bitcoin; is a backer of Santa Monica-based GoCoin; and has investments in such companies as Playsino and Xfire, in addition to being involved with the Clearstone Global Gaming Fund. Gox -- in exchange for a single Bitcoin. Pierce is one of the organizers of the. READ MORE>>.

Crowdfunder Raises $3.5M

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The funding came from 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. READ MORE>>.

March Capital Re-Ups On E8 Security

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security e8security venture capital cybersecurity sumant mandal clearstone marchcp march partnersSanta Monica-based venture investor March Capital Partners has re-upped on one of its portfolio companies, Redwood City-based E8 Security , which develops software used to analyze cybersecurity threats. READ MORE>>.

Playsino Releases First Two Network Titles

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The new games are Five-O Poker, developed by Israel-based Chiki Gaming, and Yalla Tarneed, a Middle Eastern card game developed by Yallah Games.

Rubicon Project Surges In IPO

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The IPO is a huge win for backers Clearstone Ventures, News Corp., It''s been a long road for Rubicon''s backers, who first invested in the company back in 2007, when Clearstone Ventures invested in Rubicon''s Series A funding. Clearstone owned about 24.0% of Rubicon Project at the IPO. and Mayfield. READ MORE>>.

Rubicon Project Files For IPO

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Rubicon is venture backed by Clearstone Ventures, News Corp., Los Angeles-based online advertising technology developer Rubicon Project has filed for an IPO, saying in a filing with the SEC that it is looking to sell up to $100M in its stock in an IPO on the New York Stock Exchange. Mayfield, as well as others. READ MORE>>.

Los Angeles Startup Community

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I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. will do my best to keep this up to date.

LeisureLink Ties With Software Firm

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LeisureLink said that InnQuest's system is used in more than 4,500 properties in more than 90 countries. READ MORE>>.

Sixgill Raises $6M For Proximity Sensing

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Ressler was previously a venture investor at Clearstone Venture Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.

Quigley: Venture Capital Revival Coming

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Disclosure: Clearstone is a sponsor of socalTECH). READ MORE>>.

Rubicon Project Sets IPO Range

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Rubicon Project is venture backed by Clearstone Ventures, News Corp., Los Angeles-based online advertising technology developer Rubicon Project set the pricing range for its initial public offering Thursday, saying that it hopes to offer 6,770,995 shares of its common stock at between $15.00 and $17.00 per share. Mayfield, as well as others.

Six Degree Games Gets $4.0M

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The firm's prior backers were Time Warner, Clearstone Venture Partners, and Prism VentureWorks; it's unclear who backed the firm in the latest funding.

March Capital Partners Backs E8 Security

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security march capital partners venture clearstone mandal cybersecurity cyberattack software Santa Monica-based March Capital Partners , the venture capital investment firm led by Jim Armstrong, Sumant Mandal, Gregory Milkin, and Jamie Montgomery, is the lead investor in a new cyber security startup, E8 Security. READ MORE>>.

Six Degree Games Raises $4.0M

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The firm has previously raised funding from Clearstone Venture Partners, Prism VentureWorks, and Time Warner. READ MORE>>.

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. will do my best to keep this up to date.

False Negatives and the Anti-Portfolio

Ask the Angels

Seeing last week’s Venture Capital Dispatch in the online Wall Street Journal, When Venture Capitalists Let One Slip Away , reminded me of Jim Armstrong’s (Clearstone Venture Partners) comment last year about false negatives. You cannot afford to be looking the wrong way.&#. Electric guitars are now old hat. in 1977).

Do They Have a Great Rolodex, Connections and Advice?

Ask the Angels

couple of years ago, William Quigley of Clearstone Venture Partners wrote an appropriate blog post, Value of Certain Angel Investors : As a VC, I divide angel investors into two buckets.  Tags: Fundraising General Angel Groups Clearstone Venture Partners Joe Platnick William Quigley VCs can’t know everything about an industry.

March Capital Partners Backs Appcito

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appcito venture capital cloud application infrastructure software saas subscription sumant mandal clearstone marchcapital march partners investment Appcito said this week that it has raised $7.5M in a Series A funding round, which also include Atlas Venture and The Fabric. March Capital''s Sumant Mandal led the investment round. READ MORE>>.

TONIGHT: Brock Pierce & GoCoin Host Oakland Mayoral Candidate, Bryan Parker

Tech Zulu Event

Events Finance Government Politics 41 Ocean bitcoin Brock Pierce Bryan Parker Clearstone Venture Partners GoCoin Oakland Mayoral Candidate

BetterWorks Taps Nicole Jordan For Communications Head

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Jordan is well known for her work promoting the Los Angeles technology industry, and has previously served at such firms as Clearstone Venture Partners, Rubicon Project, ThisNext.com, and others. BetterWorks develops software and services focused on delivering fringe benefits to employees. READ MORE>>.

Geodelic Ships Application With T-Mobile

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Geodelic is headed by Rahul Sonnad, and is backed by $3.5M in funding from Clearstone Venture Partners and Shasta Ventures. and Jamdat.

Southern California Firms Get $694M In Q3 2012 Venture Funding

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In terms of deals, the quarter was actually down from last year, with 79 deals completed in Q3 of this year, versus 91 in Q3 of 2011. raised.