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Clarity Partners' Lee Named Chair Of J. Paul Getty Trust

socalTECH

A local, private equity investor-- Dr. David L. Clarity Partners, based in Beverly Hills, invests in communications, media, and related technology companies. The company's investments have included such companies as CaseStack, Oxygen Media, MetroPCS, ImpreMedia, and many others.

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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Ostendo spokesman SeongSoo Kim wrote in an e-mail, “We prefer not to be covered by any media at this moment.”. million of a new financing round intended to bring in $62.8 It’s unclear, though, if the $41.8