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Clearstone Backs Openbucks

socalTECH

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. in a Series A for the company, which allows users to trade in gift cards from a number of retailers to pay for merchandise and services online.

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Rubicon Project Raises $18M, Buys Fox Audience Network

socalTECH

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."

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At The Pool Courts Millennials With New Social Discovery App

socalTECH

Los Angeles-based At The Pool , the social discovery service headed by Alex Capecelatro, has launched a brand new, mobile app it says is targeted at helping people to connect and interact. At The Pool is venture backed by Clearstone Venture Partners, Canyon Creek Capital, and angels. READ MORE>>.

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At The Pool Sets Launch

socalTECH

At The Pool , the startup headed by Alex Capecelatro, is getting set for a big launch event Tuesday evening, as the firm launches its service to connect like-minded people in real life. At The Pool said it now has members in every major U.S. city, and in more than 50 countries outside the US.

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LaunchFEST Demo Night

SoCal Tech Calendar

Angel Launch, a new event for startups and investors, is producing a networking venture pitch, networking dinner and party the night before E3 Expo in LA for digital media, mobile and tech startups. See [link] (more)

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Thanks to socalTECH's Sponsors and Advertisers!

socalTECH

Thanks this week to our sponsors and advertisers, which include Clearstone. Clearstone Ventures (www.clearstone.com). Venture capital for innovators. Pixelgate.net (www.pixelgate.net) - Internet Access, Web Hosting, Network. We put the "Service" back into Internet Service Provider. learn more.

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Rubicon Projects Raises $13M More

socalTECH

Los Angeles-based Rubicon Project , which operates an online advertising optimization service, is announcing this morning that the firm has raised $13M more in a combination of equity and debt. Rubicon Project operates a service which helps online publishers optimize which advertising networks to use on their web sites, to improve their CPMs.