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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.
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.
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.
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.
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 developssoftware and services focused on delivering fringe benefits to employees.
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
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.
Christensen to lead business development, and named Michael Steuer as Vice President of product Development. Titan is backed by $1M in funding from William Quigley and Jim Armstrong of Clearstone Ventures; Brock Pierce; MP3.com's Tags: titan gaming online game videogame software brock pierce. READ MORE>>.
Irvine-based Integrien , a developer of enterprise, IT monitoring software, has raised $6.5M The firm, which has previously raised funding from Clearstone Ventures and the Acartha Group, continues to have Clearstone's Jim Armstrong and Acartha's Ameet Patel listed as board members.
Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. READ MORE>>.
Santa Monica-based Geodelic , the developer of mobile location information applications headed by Rahul Sonnad, has rolled a new mobile application from Clear Channel. Powered by Geodelic's software, the FLYsmart application includes such airports as LAX, SFO, JFK, Chicago Midway, and other airports. READ MORE>>.
Irvine-based Integrien , a developer of IT analytics annd management software, announced today that former FileNet CEO Lee Roberts is joining the firm's board of directors. Integrien is a developer of IT performance management software, and is backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels.
Irvine-based Integrien , a developer of performance analytics software, said today that it has raised another $8.0M According to the firm, the round was led by Clearstone Venture Partners, and also included Acartha Group and Mariner Capital Ventures. Tags: integrien venture capital software analytics enterprise.
Los Angeles-based Rubicon Project , the online advertising optimization firm backed by Clearstone, Mayfield, IDG, and Peacock Equity Fund, announced this morning that it has acquired SiteScout , a Seattle-based firm providing malware security technology. Financial terms of the buy were not announced. READ MORE>>.
Irvine-based Integrien Corporation , a developer of IT performance analysis software, said today that it has received a third patent on its technology. The company is venture backed by Acartha Group, Clearstone Venture Partners, Mariner Capital Ventures, and the Tech Coast Angels. Integrien said it has received U.S. READ MORE>>.
Pasadena-based LeisureLink , the developer of travel booking software and services, has added a new customer, the firm said Tuesday. LeisureLink is venture backed by Clearstone Venture Partners and Mission Ventures, along with strategic investment from Wyndham Worldwide. Financial details of the link were not announced.
Irvine-based Integrien , a developer of IT analytics software, announced today that it has added Carol Dingle, most recently VP Product Development and Shared Services at Digital Insight/Intuit, to its technology advisory board. Integrien is backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels.
Santa Monica-based Geodelic , a developer of location-based mobile networking software, told its users Wednesday that it has released version 2.0 of its Sherpa mobile software. Tags: geodelic location mobile networking software. READ MORE>>.
Irvine-based Integrien , a developer of IT performance analytics software, announced this morning that it has received another patent on its technology. Integrien is venture backed by Clearstone Ventures and the Acartha Group. Tags: integrien patent software analytics. The patent is U.S. Marvasti is Integrien's CTO.
Rubicon develops online advertising optimization software and related services, and is backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and the Peacock Equity Fund. Tags: rubicon project advertising publishing executive software. READ MORE>>.
Irvine-based Integrien , a developer of IT analytics and performance measurement software, reported today that it had "record" quarterly bookings in Q3 of 2009. Integrien is venture backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels. Tags: integrien software management. READ MORE>>.
Irvine-based Integrien , a developer of analytics software for IT operations, announced this morning that it has appointed Ian Dodd as the firm's Vice President of Strategy and Business Development.
Rubicon--which appointed a International VP just last month and said it would be setting up shop in London--said that it has recruited Justin Thomas as Director of UK Publisher Development for the new office. Tags: rubicon project executive international london advertising optimization software. READ MORE>>.
The firm said the round was led by Intel Capital, and also included Tomorrow Ventures, William Quigley and Jim Armstrong of Clearstone Ventures, Kamran Pourzanjani of PriceGrabber, and MP3.com Los Angeles-based Xfire , the online community and chat service for gamers, announced Thursday that it has raised $4M in a new funding round.
Santa Monica-based Sixgill , a developer of Internet-of-Things, sensor software, has raised $27.9M 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.
We caught Rahul in a more serious conversation, and spoke to him about his venture funded, location-based information startup and what it's up to, as well as got the story behind the firm's incubation at Clearstone Ventures. Rahul Sonnad: Geodelic develops a system that lets you publish location-based information.
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>>.
Los Angeles-based Rubicon Project, which develops online advertising optimization software, announced this morning that it has hired on two executives to the firm. Rubicon Project develops technology used to optimize advertising revenues for web publishers. READ MORE>>
Rubicon, which is backed by Clearstone Ventures, Mayfield, and IDG Ventures, publishes its market report every quarter, examining the online advertising industry. Rubicon Project develops automated software and services which optimizes the CPM paid to online advertisers, by choosing the best online advertising to run on publisher web sites.
Themed “Think Local, Hack Global”, Code For India is based in Mountain View, CA and Bangalore, India and expects to inspire millions of techies to volunteer their time and talent to give back to their communities and to the developing world. The teams of volunteer individuals and organizations are not just in for hype. Student performance.
The "best of show" prize went to Magnify360, which developssoftware for optimizing content and web sites for specific users. Magnify360 was voted the best investment opportunity by both venture capitalist audience members and panelists. READ MORE>>
Mark has also been quite active mentoring entrepreneurs, We caught up with Mark to hear about what kinds of investments GRP is looking at nowadays, his view on the software-as-a-service market, and how best to approach him with a pitch. My own background, is I built and sold two software-as-a-service companies.
Santa Monica-based venture investor March Capital Partners has re-upped on one of its portfolio companies, Redwood City-based E8 Security , which developssoftware used to analyze cybersecurity threats.
He is currently a Managing Director of the Clearstone Global Gaming Fund and sits on the boards of IMI Exchange, Xfire, Playsino, ExpressCoin, GoCoin, FGL, Spicy Horse Games, KnCMiner.cn, Robocoin China and the Mastercoin Foundation. Brock Pierce is a 10x entrepreneur best known for pioneering the market for digital currency.
We've got a software-as-a-service platform that handles all of that for them--all they have to do is hand the guest the key. The board asked me to jump in, and I did, working with Ted Alexander and Jim Armstrong, of Mission Ventures and Clearstone Ventures, respectively. Let's talk about the new round. That was about three years ago.
A few months ago, Peter Lee --a venture local capitalist who has served at firms such as Prism Ventures and Clearstone Ventures Partners--joined a relatively unknown venture firm here in Southern California, Baroda Ventures (www.barodaventures.com). Our size of investment rounds will range anywhere from $100,000 to $1.0M
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