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Crowdfunder Raises $3.5M

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Los Angeles-based crowdfunding site Crowdfunder.com , the equity crowdfunding site led by Chance Barnett, has raised $3.5M in a Series A funding, the company said late Tuesday evening. Crowdfunder said its equity crowdfunding site has been used in such startups as GoCoin, Social Rewards, Bitvore, and others. READ MORE>>.

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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. Markets are getting better, these companies are going to be worth more twelve months from now, and let's try to take these out now. You should build your company.

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Crowdfunder Gets Broker-Dealer License

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Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.

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Rubicon Project Hails Growth, New Customers

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Los Angeles-based Rubicon Project says today that it is one of the "fastest growing ad technology companies in history". Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, News Corp., Peacock Equity Fund, Stanford University, and the University of California Berkeley. READ MORE>>.

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Rubicon Project: LA's Next IPO?

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Rubicon Project , the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday. READ MORE>>.

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Rubicon Project Bolsters Executive Ranks

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The company said it has tapped Brian Pike, former CTo of Ticketmaster to the CTO role, Victoria von Szeliski, former Ticketmaster Deputy General Counsel to the General Counsel position, and former Yahoo VP of Product Management John Slade as its SVP of Product Management. READ MORE>>.

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Rubicon Raises $9M More

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The Series C funding was led by the GE/NBCU Peakcock Equity Fund, and also included Clearstone Venture partners and Mayfield Fund. Rubicon said the new funding will go towards strategic acquisitoins and international expansion. The new funding brings the company's total raised to $42M.