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Clearstone Re-Ups On Biometrics Firm AOptix

socalTECH

Santa Monica-based venture capital investor Clearstone Ventures has re-upped in a developer of biometric identity verification technology. The firm said the funding will go towards product development, sales and marketing. READ MORE>>.

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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: I think there have been a lot of strategics today who feel the markets are changing for the better, and want to make decisions around new product, and now is the time to do it.

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Sixgill Raises $6M For Proximity Sensing

socalTECH

Santa Monica-based Sixgill , a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The startup also said the new funds will go towards sales, marketing, and accelerating product development at its new Los Angeles area office. READ MORE>>.

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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. Makes money by partnering with brands and marketers to publish location-triggered content. a fbFund winner.

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What Mattered in 2010: Bruce Hallett, Miramar Venture Partners

socalTECH

Last week, we asked with Jim Armstrong of Clearstone Ventures about his opinions, and today, we're featuring the thoughts of Bruce Hallett , a venture capitalist at Miramar Venture Partners. Instead, they're going serial by returning to the market with revolutionary new companies. What was the biggest news for you/your firm this year?

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Stock Market Slide Effecting Start Up Valuations

The Quigley Report

Early stage VCs typically say that the ebbs and flows of the stock market don't effect the valuations they pay in start up financings. You see, unless a company only plans on raising one early stage funding round, it must eventually seek capital from a different cast of characters: the later stage or 'growth capital' providers.

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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

Topics of discussion will be Wearables Technology, Bitcoin, SaaS, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2014, creating value with your company, hiring problem solvers, and building a sensible businesses. Brock Pierce is a 10x entrepreneur best known for pioneering the market for digital currency.

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