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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. The other three have been acquisitions, all of which are in the three digit sorts of millions, hundreds of millions, that sort of range. We were the Series A in there.

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Rubicon Project Raises $18M, Buys Fox Audience Network

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Rubicon said that the new funding round came from News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Intead, the firm is using FAN's acquisition to add around 100 employees from FAN as part of its engineering and product team. READ MORE>>.

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Rubicon Projects Raises $13M More

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Los Angeles-based Rubicon Project , which operates an online advertising optimization service, is announcing this morning that the firm has raised $13M more in a combination of equity and debt. Tags: capital venture project rubicon. According to Rubicon, the follow on funding round brings its total raised to $33M. READ MORE>>.