article thumbnail

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. Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. Financial terms of the acquisition were not disclosed. READ MORE>>.

article thumbnail

Clearstone's Sumant Mandal On Exits, Opportunities

socalTECH

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. Sumant Mandal: First of all, you know our heritage is as an incubator. Clearstone itself was an incubated entity, out of Idealab, it was Idealab Capital. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Geodelic Ships Application With T-Mobile

socalTECH

in funding from Clearstone Venture Partners and Shasta Ventures. The company was incubated by Clearstone Ventures, which has been actively pulling together management teams and funding new startups in Los Angeles and elsewhere. Tags: clearstone capital venture tmobile application mobile geodelic. and Jamdat.

Mobile 100
article thumbnail

Insights and Opinions: Idealab and the Bill Gross Legacy

socalTECH

For today's Insights and Opinions section, we thought we'd share a recent article penned by Clearstone Ventures' William Quigley. In all of the recent rush to create internet accelerators in the region, William talks about, Bill Gross, the person behind the "original" tech incubator, Idealab. Continued.). READ MORE>>.

Idealab 140
article thumbnail

Web 1.0 Entrepreneurs: we are roadkill unless we learn to run as fast as today’s founders.

Steve Reich

As you may have gathered from my blog, I’ve spent the last couple of months visiting with companies and incubators. Capital to date? $20k Get Angel capital and build a prototype. If you don’t want to be roadkill, go to an incubator/accelerator and take a tour or spend some time with a twenty-something founder.

article thumbnail

This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Company plans to use the capital to build out sales and marketing and r&d. -a led by Altos Ventures and Maverick Capital, with Larry Braitman. Incubated by Clearstone Ventures in 2008. Current round: $7.0mm Series-B led by MK Capital, withClearstone Venture Partners and Shasta Ventures. a fbFund winner.

Zag 248