article thumbnail

Clearstone Backs Openbucks

socalTECH

Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. According to Openbucks, it has raised $4.8M

article thumbnail

Rexter Finds Funding To Help Professionals Manage Relationships

socalTECH

A new, Altadena-based startup, Rexter , has scored some funding to help it build its software algorithms and tools to help manage a user's professional relationships. Other investors in the company have not been announced. READ MORE>>.

Help 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy. LivingSocial.

article thumbnail

Clearstone's Sumant Mandal On Exits, Opportunities

socalTECH

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. So we helped create them, with the founders. Clearstone itself was an incubated entity, out of Idealab, it was Idealab Capital. We were part of those companies before they were companies.

article thumbnail

Tech Investor Pierce Makes Offer For Mt. Gox

socalTECH

According to a report , Brock--and his investment group, Sunlot--apparently are hoping to help stabilize the Bitcoin economy through its move. Brock Pierce , the Southern California technology investor and Bitcoin mogul, is leading a group of investors looking to take over failed Bitcoin exchange Mt. Gox -- in exchange for a single Bitcoin.

article thumbnail

March Capital Partners Backs Appcito

socalTECH

in a Series A funding round, which also include Atlas Venture and The Fabric. Appcito is working on cloud-native, subscription software to help developers deliver cloud applications, improving performance, security, and end-user experience in those cloud applications. Appcito said this week that it has raised $7.5M READ MORE>>.

Capital 147
article thumbnail

Crowdfunder Gets Broker-Dealer License

socalTECH

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.