Remove Clearstone Remove Funding Remove Help Remove Sales
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 a revenue multiple sale. EMC said--Kazeon is the most profitable part of the sale, so I want to own it. So we helped create them, with the founders.

article thumbnail

Sixgill Raises $6M For Proximity Sensing

socalTECH

Santa Monica-based Sixgill , a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Crowdfunder Gets Broker-Dealer License

socalTECH

Crowdfunder said the move will help create a "more seamless solution" for its customers. The company says it had over 500 companies on its platform in 2016 receive approximately $173M in total reservations for funding.

article thumbnail

LeisureLink Gets $9M In Series C

socalTECH

Pasadena-based LeisureLink , a provider of distribution services for specialty lodging and vacation rentals, announced today that it has raised $9M in a Series C funding round. The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals.

article thumbnail

Rubicon Project Names Three Execs

socalTECH

According to the company, it has named Nick Hulse as Chief Revenue Officer, Bill Harries as Vice President of Sales Operations, and Bill McHargue as vice President of North American Sales. Los Angeles-based online advertising firm Rubicon Project announced this morning that it has hired three new executives. READ MORE>>.

article thumbnail

Rubicon Project Raises $18M, Buys Fox Audience Network

socalTECH

Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation. The new funding brings Rubicon's total funding to $60M.

article thumbnail

This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. Incubated by Clearstone Ventures in 2008. a fbFund winner.

Zag 248