socalTECH
APRIL 9, 2010
Santa Monica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Clearstone's Sumant Mandal sits on Ankeena's board of directors.
socalTECH
DECEMBER 21, 2009
A portfolio firm of Santa Monica-based Clearstone Ventures , Meru Networks , filed for an IPO late Friday night, saying it is looking to go public on the NYSE. Clearstone's William Quigley sits on Meru's board of directors. Meru develops enterprise wireless LAN networking products. The Silicon Valley firm, which is 21.0%
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socalTECH
AUGUST 31, 2010
Although VMware did not announce financial details of the acquisition, sources close to Integrien said the acquisition was worth $102M. The acquisition was a big win for Southern California's investors, particularly from Clearstone Venture Partners and the Tech Coast Angels. Clearstone owned about half of the firm.
socalTECH
NOVEMBER 1, 2010
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. In further details on the FAN deal, Addante also said that it has not acquired the advertising sales team at FAN, saying that it "is not, and will not be, an ad network."
socalTECH
MARCH 10, 2014
LeisureLink was venture backed by Clearstone Venture Partners and Mission Ventures, and also had received a strategic investment from Wyndham Worldwide. According to VacationRoost, the combined vacation rental booking network of the companies is currently generating over $130M in annual vacation rental bookings. READ MORE>>.
socalTECH
SEPTEMBER 28, 2010
to fold the firm in with the Fox Audience Network (FAN). Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, and others. Tags: rubicon project news corp audience network merger acquisition advertising. The report cites sources close to the deal. Paidcontent reports that News Corp.
socalTECH
MAY 25, 2010
Los Angeles-based Rubicon Project , the online advertising optimization firm backed by Clearstone, Mayfield, IDG, and Peacock Equity Fund, announced this morning that it has acquired SiteScout , a Seattle-based firm providing malware security technology. Financial terms of the buy were not announced. READ MORE>>.
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