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Clearstone Portfolio Firm Meru Networks Files for IPO

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A portfolio firm of Santa Monica-based Clearstone Ventures , Meru Networks , filed for an IPO late Friday night, saying it is looking to go public on the NYSE. Clearstone's William Quigley sits on Meru's board of directors. Meru develops enterprise wireless LAN networking products.

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Playsino Releases First Two Network Titles

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Santa Monica-based Playsino , the developer of social casino games, said Friday that it has released the first two games under its Publishing Network effort. The new games are Five-O Poker, developed by Israel-based Chiki Gaming, and Yalla Tarneed, a Middle Eastern card game developed by Yallah Games. READ MORE>>.

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Sixgill Snag $27.9M

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Santa Monica-based Sixgill , a developer of Internet-of-Things, sensor software, has raised $27.9M in a Series B funding round, the company said last week. Sixgill said its primary product, Sense, is used by companies to manage challenges in governing their "Internet of Everything" assets and building sensor-informed applications.

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LeisureLink Acquired By VacationRoost

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Pasadena-based LeisureLink , the developer of travel booking software for the vacation rental market, has been acquired by VacationRoost , which operates an online vacation rental marketplace. The company was led by Tom Lamb. Clearstone''s Jim Armstrong joins VacationRoost''s Board of Directors as part of the deal. READ MORE>>.

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Rubicon Project Names VPs

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Los Angeles-based the Rubicon Project , the online ad optimization service for online publishers, said today that it has named Jay Sears as SVP Marketplace Development, and Jeremy Fain as Vice President Client Services. The company also said it has added Grant Sterling, formerly of NBC Universal, as an Account Director. READ MORE>>.

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Rubicon Project Names Three Execs

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According to the company, it has named Nick Hulse as Chief Revenue Officer, Bill Harries as Vice President of Sales Operations, and Bill McHargue as vice President of North American Sales. Rubicon also said it has promoted founder Craig Roah to President, Josh Wexler to Senior Vice President Market Development, and Seizo Welch as SVP Finance.

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Rubicon Project Bolsters Executive Ranks

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The company said it has tapped Brian Pike, former CTo of Ticketmaster to the CTO role, Victoria von Szeliski, former Ticketmaster Deputy General Counsel to the General Counsel position, and former Yahoo VP of Product Management John Slade as its SVP of Product Management. READ MORE>>.