article thumbnail

Clearstone Tops CalPERS IRR List

socalTECH

CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR).

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. It's not meaningful for the venture industry as a whole, because if you're investing in Series B, C, or D round investments, these are not meaningful. It's not a revenue multiple sale.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

socalTECH

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 billion invested in Q1, and up from $1.0 in investment), Energy ($190.2M in investments) and Medical Deviecs ($128.1M in investments in Q2). billion in Q2 of last year.

article thumbnail

Rubicon Projects Hires Investment Banker

socalTECH

Los Angeles-based Rubicon Project , the online ad optimization firm headed by Frank Addante , announced this morning that it has hired investment banker Allen & Company. Rubicon has raised over $42M in funding from Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund.

Invest 133
article thumbnail

Crowdfunder Gets Broker-Dealer License

socalTECH

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.

article thumbnail

ThisNext Gets $1.2M In Funding Round

socalTECH

According to the filing, the first investment in the round was August 4th, and included equity, options, and warrants. Clearstone Venture Partners and Anthem Venture Partners.

Funding 153
article thumbnail

Viewing Technology Companies Through a New Lens

SoCal Tech Calendar

Panelists include: Jay Beaghan, Managing Director of Investment Banking in Imperial Capital; William Quigley is Managing Director of Clearstone Venture Partners; Louis A. This forum provides a great opportunity to network and share ideas with other industry leaders.