Clearstone Tops CalPERS IRR List

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CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR). Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. , investment calpers ventures capital venture avalon clearstone

Crowdfunder Raises $3.5M

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Los Angeles-based crowdfunding site Crowdfunder.com , the equity crowdfunding site led by Chance Barnett, has raised $3.5M The funding came from Tim Draper (DFJ), Bill Quigley (Clearstone, Crypto Currency Partners), Bridge 37 Ventures, Ideas & Capital Venture Capital, Maura O''Neill, Capital Nuts, Marcus Segal (Zynga), Mark Rampolla (ZICO Coconut Water), David Wilner (Windriver Systems), and others. capital venture finance equity crowdfunding crowdfunder

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Clearstone I Tops CalPERS Fund Performance

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Santa Monica-based venture capital firm Clearstone Venture Partners currently tops the list for the best performing fund within CalPERS private equity funds, according to recently released figures from CalPERS. According to the numbers, Clearstone Venture Partners 1-B, which was raised in 1999, has returned CalPERS so far 154.7 It's unclear how a number of successful exits in Clearstone's portfolio since March 31st have impacted its fund I and II results.

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. Clearstone itself was an incubated entity, out of Idealab, it was Idealab Capital.

Crowdfunder Gets Broker-Dealer License

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Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers. The company says it had over 500 companies on its platform in 2016 receive approximately $173M in total reservations for funding.

Web 1.0 Entrepreneurs: we are roadkill unless we learn to run as fast as today’s founders.

Steve Reich

20k from StartEngine, and a lot of sweat equity from the founders. Many, many thanks to Jim Armstrong of Clearstone who insisted that I needed visit an incubator or two. “I told you so” doesn’t begin to cover it. New companies are being created at stunning speed by today’s founders. If you can’t keep up, you are dead. As you may have gathered from my blog, I’ve spent the last couple of months visiting with companies and incubators.

Rubicon Raises $9M More

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The Series C funding was led by the GE/NBCU Peakcock Equity Fund, and also included Clearstone Venture partners and Mayfield Fund. Los Angeles-based Rubicon Project , which provides Internet advertising optimization services to publishers, announced today that it has raised $9M more. Rubicon said the new funding will go towards strategic acquisitoins and international expansion. The new funding brings the company's total raised to $42M. READ MORE>>.

Report: Rubicon Project Nearing Deal With New Corp. For FAN

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would take an equity stake in post-merger Rubicon. Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, and others. According to a report today from Paidcontent.org, Santa Monica-based Rubicon Project , the online advertising firm founded by Frank Addante, is in talks with News Corp. to fold the firm in with the Fox Audience Network (FAN). The report cites sources close to the deal. Paidcontent reports that News Corp.

Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4

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Addante said the firm--which has taken $42M in venture capital from Clearstone, Mayfield, IDG, and Peacock Equity fund--is on track to achieve the "ultimate test of success" for any startup, profitability. Santa Monica-based Rubicon Project , the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon.

Rubicon Project: 25 Percent Growth In Ad Spending In Q1

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Rubicon is venture backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund. Los Angeles-based Rubicon Project is reporting today that there was a 25 percent, year-over-year growth in online ad spending, according to the firm's Q1 2010 Online Advertising Market Report.

Rubicon Project Debuts New Product

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Los Angeles-based Rubicon Project , the developer of online advertising optimization tools funded by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and Peacock Equity Fund, said today that it has rolled out a new product called REVV for demand.

Rubicon Hires Two Execs

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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. Los Angeles-based Rubicon Project is expanding its executive team today, saying that it has hired Ben Trenda as VP of U.S. Demand, and Eric Matza as Director of Product Marketing.

Rubicon Project: Online CPMs Up 34 Percent In Q4

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The firm is venture backed by $42M in funding from Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund. Los Angeles-based Rubicon Project , the online ad optimization firm, said today that its analysis finds that online spending in Q4 of 2009 was up, resulting in an increase in CPMs by 34%.

Rubicon Project: 270 Percent Year over Year Growth

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The firm is backed by $42M in funding from Clearstone Ventures, Mayfield, IDG Venturs, and the GE/NBC Universal Peacock Equity Fund. Los Angeles-based Rubicon Project , the online advertising optimization service firm headed by Frank Addante, is claiming this morning that the firm saw 270%, year over year growth in 2009. According to the firm, it served up more than 350 billion ads through its platform this year.

Rubicon Bolsters Certified Inventory Effort

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Los Angeles-based The Rubicon Project , the online advertising optimization firm backed by Clearstone, Mayfield, IDG, and Peacock Equity, said today that it has enhanced its "Certified Inventory" program with a partnership with AdSafe Media. Rubicon's certified inventory program rates publishers' sites for safety, quality, and other factors, so that advertisers can better target their ads to the most appropriate web sites.

Viewing Technology Companies Through a New Lens

SoCal Tech Calendar

Cohn's Technology Industry Practice and the law firm of Stubbs Alderton and Makiles for a panel discussion covering: An update on trends and opportunities Positioning for liquidity events and growth financings The market for liquidity events is flourishing as the IPO market improves, private equity flows to growth opportunities, and strategic buyers find the fortitude to tap cash reserves. Tuesday, January 17, 2012 -- Viewing Technology Companies Through a New Lens: The 2012 Outlook.

Rubicon Projects Raises $13M More

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Los Angeles-based Rubicon Project , which operates an online advertising optimization service, is announcing this morning that the firm has raised $13M more in a combination of equity and debt. The investment included $5M in equity funding from Clearstone Venture Partners, Mayfield Fund, and IDG Ventures Asia, and also included $8M in debt from Silicon Valley Bank.

Rubicon Serves Up A Trillion Display Ads

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Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Santa Monica-based Rubicon Project , the online ad network optimization firm, told its customers today that it has just optimized its one trillionth display ad.

Rubicon Project: Q2 Advertising Grows

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Rubicon is venture backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund. Los Angeles-based Rubicon Project , the online advertising firm which helps web publishers optimize their ad network revenues, reported this week on the latest online ad spending, saying that ad spending tracked at its customers grew 47 percent in the first half of the year.

ThisNext Gets $1.2M In Funding Round

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According to the filing, the first investment in the round was August 4th, and included equity, options, and warrants. Clearstone Venture Partners and Anthem Venture Partners. Santa Monica-based ThisNext , the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M in a round of funding, according to a regulatory filing from the firm today.

Rubicon Project Buys SiteScout

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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.

Rubicon Project Launches Updated Ad Product

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Rubicon is backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and Peacock Equity Fund. Los Angeles-based Rubicon Project has launched an updated sales and pricing application aimed at premium advertisers, the firm said today. According to Rubicon, its Permission Control 2.0 product allows publishers using its REVV ad optimization tool to better manage who can sell their inventory, and at what price. According to Rubicon, the new Permission Control 2.0

Rubicon Project Extends Into Mobile Ads

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Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, and Peacock Equity Fund. Los Angeles-based Rubicon Project is extending into mobile advertising, the firm said today, with a new mobile ad optimization product. According to Rubicon Project, its new REVV for Mobile (RFM) product will provide mobile ad serving, campaign management, and ad network optimization on mobile ad impressions.

Rubicon Projects Hires Investment Banker

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Rubicon has raised over $42M in funding from Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund. Los Angeles-based Rubicon Project , the online ad optimization firm headed by Frank Addante , announced this morning that it has hired investment banker Allen & Company.

Rubicon Updates Publisher Tool

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Rubicon--which is backed by a health $42M in funding from Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund--said the new software includes such features as allowing publishers to screen ads being shown on their web sites, ability to see what kinds of ads will show on their sites depending on which countries web visitors are visiting from, and more.

Rubicon Project: LA's Next IPO?

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Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Rubicon Project , the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday.

Rubicon Project Raises $18M, Buys Fox Audience Network

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Rubicon said that the new funding round came from News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation.

Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

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The analysis was based on tracking of venture capital, angel, and private equity deals by socalTECH.com, which maintains its own proprietary database of local and national venture capital deals and dealmakers. An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 billion in the area in Q2, up slightly from around $1.4 billion invested in Q1, and up from $1.0 billion in Q2 of last year.

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General SUBSCRIBE TO THIS FEED March 10th, 2010 Valuation for Seed Stage Investments Valuation for Seed Stage Investments | | POSTED BY: Joe Platnick Question: My partner and I are trying to agree on an initial valuation to establish an equity share percentage for a seed stage company that is not yet operating.

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General SUBSCRIBE TO THIS FEED March 10th, 2010 Valuation for Seed Stage Investments Valuation for Seed Stage Investments | | POSTED BY: Joe Platnick Question: My partner and I are trying to agree on an initial valuation to establish an equity share percentage for a seed stage company that is not yet operating.

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General SUBSCRIBE TO THIS FEED March 10th, 2010 Valuation for Seed Stage Investments Valuation for Seed Stage Investments | | POSTED BY: Joe Platnick Question: My partner and I are trying to agree on an initial valuation to establish an equity share percentage for a seed stage company that is not yet operating.

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General SUBSCRIBE TO THIS FEED March 10th, 2010 Valuation for Seed Stage Investments Valuation for Seed Stage Investments | | POSTED BY: Joe Platnick Question: My partner and I are trying to agree on an initial valuation to establish an equity share percentage for a seed stage company that is not yet operating.