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Clearstone Portfolio Firm Cetas Acquired By VMware

socalTECH

Santa Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas , a developer of cloud data analytics software, by VMware. Financial terms of the acquisition were not disclosed. Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D.

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Clearstone Gets Exit At Apture

socalTECH

Santa Monica-based venture capital firm Clearstone Ventures has scored an acquisition in its portfolio today, with the acquisition of Apture by Google. Apture announced the acquisition on its website Thursday, but did not disclose any financial details of the buy. READ MORE>>.

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Securing the Door: Amazon Buys Connected Doorbell Maker Ring

Xconomy

The two biggest acquisitions were Whole Foods last year and Zappos in 2009, according to Statista.) Santa Monica, CA-based Ring makes smart doorbells connected to cameras that alert homeowners when someone is at their door. Once the doorbell rings, a video is.

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SystemWare Acquired by Defense Integrator CACI

socalTECH

Camarillo-based SystemWare , a provider of signals acquisition and analysis systems used for cyber security, has been acquired by defense integrator CACI International. CACI said that SystemWare had revenues of $16M for calendar year 2009. SystemWare was advised by Santa Monica-based Mentor Capital in the deal.

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Cornerstone OnDemand Files For IPO

socalTECH

In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. for 2009, and has seen revenues grow to $20.28M in the first six months of 2010. on revenues of $29.3M READ MORE>>.

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Twistory Entertainment Being Sold In Asset Sale

socalTECH

Santa Monica-based Twistory Entertainment Studios , which had been a mobile game development and graphic novel design company, is being sold in an asset sale, according to auction company CMA Auctions. Twistory Entertainment was founded in 2009, and had developed Ouch! Couch and other titles.

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Tech Entrepreneur Happy Hour

SoCal Tech Calendar

Wednesday, December 16, 2009 -- Tech Entrepreneur Happy Hour. Let's get together for drinks at Copa d'Oro in Santa Monica to catch up and talk tech before the holidays. Tons of great new startups, lots of higher level acquisitions. There are lots of exciting things happening in LA software right now. See [link] (more).