article thumbnail

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

socalTECH

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' Based on Rubicon''s current price (around $19.24

article thumbnail

Clearstone Backs Openbucks

socalTECH

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. 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. LivingSocial.

article thumbnail

March Capital Partners Launches $240M Venture Fund

socalTECH

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.

Capital 172
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. 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.

article thumbnail

Rubicon Project Surges In IPO

socalTECH

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% Rubicon--which priced at $15.00 and Mayfield. READ MORE>>.

article thumbnail

Rexter Finds Funding To Help Professionals Manage Relationships

socalTECH

A new, Altadena-based startup, Rexter , has scored some funding to help it build its software algorithms and tools to help manage a user's professional relationships. The company--co-founded by Andy Wilson (Momentum Venture Partners, Yahoo) and John Slade (Yahoo)--apparently recently raised a round which included Siemer Ventures.

Help 147