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Clearstone Portfolio Firm Cetas Acquired By VMware

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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.

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LeisureLink Ties With Software Firm

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Pasadena-based LeisureLink , which develops travel distribution and management software for specialty lodging providers, said Tuesday that it has linked its product with software provider InnQuest Software. LeisureLink said that InnQuest's system is used in more than 4,500 properties in more than 90 countries.

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Integrien Acquired By VMware

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Irvine-based Integrien , a developer of enterprise IT monitoring software, has been acquired by VMware , according to VMware this morning. The acquisition was a big win for Southern California's investors, particularly from Clearstone Venture Partners and the Tech Coast Angels. Clearstone owned about half of the firm.

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LeisureLink Upgrades Vacation Rental Management Software

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LeisureLink , the developer of vacation rental management software which is backed by Clearstone Venture partners, Mission Ventures, and Wyndham Worldwide, said Tuesday afternoon that it has upgraded its MarketSpan Guest Generation product.

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BetterWorks Taps Nicole Jordan For Communications Head

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Jordan is well known for her work promoting the Los Angeles technology industry, and has previously served at such firms as Clearstone Venture Partners, Rubicon Project, ThisNext.com, and others. BetterWorks develops software and services focused on delivering fringe benefits to employees.

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Titan Gaming Rounds Up $1M From Who's Who Of LA Tech Investors

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According to Titan, it is focused on developing a "complete" gaming platform for skill-based matchmaking, tournaments and points or cash competitions. The list of angel investors--a veritable Who's Who of technology investors in Southern California--included William Quigley and Jim Armstrong of Clearstone Ventures; Brock Pierce; MP3.com's

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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. Clearstone''s Jim Armstrong joins VacationRoost''s Board of Directors as part of the deal. Financial terms of the buy were not announced.