Clearstone Gets Big Win With Meru
socalTECH
MARCH 31, 2010
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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