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Clearstone Re-Ups On Biometrics Firm AOptix

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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 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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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy. AppDynamics.

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Clearstone's Sumant Mandal On Exits, Opportunities

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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 Snag $27.9M

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The funding was led by DRW Venture Capital, and also included Mobile Financial Partners. Sensor is led by longtime tech veteran Phil Ressler, who previously has served at Bottlenose, Lumenz Networks, MyGreenlight, Big Stage Entertainment, Clearstone Venture Partners, and many other companies.

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Sixgill Raises $6M For Proximity Sensing

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The startup also said the new funds will go towards sales, marketing, and accelerating product development at its new Los Angeles area office. Ressler was previously a venture investor at Clearstone Venture Partners. READ MORE>>.

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ThisNext Gets $1.2M In Funding Round

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Santa Monica-based ThisNext , the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M It's unclear if the funding in this regulatory filing is the same funding as the firm announced on July 21st, from Gary Winnick (Pacific Capital), Bob Pittman (Pilot Group/AOL), Stan Shuman (Allen & Co.),

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