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Clearstone Backs Openbucks

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Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. According to Openbucks, it has raised $4.8M

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Clearstone Tops CalPERS IRR List

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CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR).

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Rubicon Project's Big Winners: Clearstone, News Corp., Mayfield

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rubicon project merger acquisition clearstone news mayfield winners frank addante' Who were the biggest winners in the successful IPO of Santa Monica-based Rubicon Project ? Based on Rubicon''s current price (around $19.24

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Clearstone Gets Exit At Apture

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Santa Monica-based venture capital firm Clearstone Ventures has scored an acquisition in its portfolio today, with the acquisition of Apture by Google. Apture had been backed by Clearstone Venture Partners, Beau Vrolyk, Paul Maritz, and Steve Taylor. Clearstone was involved in Apture's Series A in March of 2009.

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Clearstone Backs Games2Win

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Santa Monica-based Clearstone Venture Partners has upped its investment in Mumbai, India-based Games2Win , an online developer of casual and other games. According to Games2Win, it has raised $6M in a Series B financing roudn, which also included SVB India Capital Partners. Games2Win raised $5M in its Series A back in March of 2007.

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Clearstone Gets Big Win With Meru

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Santa Monica-based venture capital firm Clearstone Ventures was among the big winners Wednesday in the IPO debut of Sunnyvale-based Meru Networks , a developer of virtual wireless LAN products. Clearstone was the biggest shareholder in Meru before the IPO, with 20.9 Shaw Group, Tenaya Capital, and CID Group.

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Clearstone I Tops CalPERS Fund Performance

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Santa Monica-based venture capital firm Clearstone Venture Partners currently tops the list for the best performing fund within CalPERS private equity funds, according to recently released figures from CalPERS. According to the numbers, Clearstone Venture Partners 1-B, which was raised in 1999, has returned CalPERS so far 154.7