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Santa Monica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Clearstone's Sumant Mandal sits on Ankeena's board of directors.
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.
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. The company--co-founded by Andy Wilson (Momentum Venture Partners, Yahoo) and John Slade (Yahoo)--apparently recently raised a round which included Siemer Ventures.
Los Angeles-based Titan Gaming is announcing this morning that it has scored $1M in an angel funding round, from notable local angel investors. 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
Irvine-based Integrien , a developer of enterprise, IT monitoring software, has raised $6.5M in a funding round, part of an ongoing $7.475M fundraising effort, according to a recent regulatory filing by the company. Details on the funding have not been announced by the company. Tags: integrien venture capital software.
Titan is backed by $1M in funding from William Quigley and Jim Armstrong of Clearstone Ventures; Brock Pierce; MP3.com's 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.
The firm is backed by $42M in funding from Clearstone Ventures, Mayfield, IDG Venturs, and the GE/NBC Universal Peacock Equity Fund. Tags: rubicon project advertising publishing software. Rubicon Project's online advertising service helps publishers pick the best yielding ads from online ad networks. READ MORE>>.
Irvine-based Integrien , a developer of performance analytics software, said today that it has raised another $8.0M in a new funding round. According to the firm, the round was led by Clearstone Venture Partners, and also included Acartha Group and Mariner Capital Ventures. READ MORE>>.
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>>.
Los Angeles-based Rubicon Project , which supplies ad optimization software to web publishers, announced today that it has released a new version of its VANTAGE Firefox browser plug-in, which helps provide its publishers with revenue and impressoin statistics and other information. READ MORE>>.
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>>.
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>>.
Los Angeles-based Xfire , the online community and chat service for gamers, announced Thursday that it has raised $4M in a new funding round. 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
According to the venture backed firm, the new software for T-Mobile's myTouch 3G, learns a user's favorite locations and helps them find local retailers, restaurants, and attractions. in funding from Clearstone Venture Partners and Shasta Ventures. Tags: clearstone capital venture tmobile application mobile geodelic.
Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals, said today that it is targeting Caribbean resorts. The firm has been ramping up its marketing efforts since gaining $9M more in funding in November. LeisureLink is headed by Eric Hovanec. READ MORE>>.
Rubicon Project is backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures, and operates a service which optimizes online advertising networks and ads for Internet publishers. Tags: rubicon project executive international london advertising optimization software. READ MORE>>.
Santa Monica-based Sixgill , a developer of Internet-of-Things, sensor software, has raised $27.9M in a Series B funding round, the company said last week. The funding was led by DRW Venture Capital, and also included Mobile Financial Partners.
in a Series A funding, for its cyber security analytics software, used to help detect cyber attacks. security march capital partners venture clearstone mandal cybersecurity cyberattack software' READ MORE>>. security march capital partners venture clearstone mandal cybersecurity cyberattack software'
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. You're funded, correct? First, for folks who haven't heard of Geodelic, what do you do?
LeisureLink which provides booking and distribution software for the vacation rental industry, announced today that it has raised $17M in a funding round. The funding came from Clearstone Ventures, Kinderhook Industries, and Escalate Capital Partners.
Los Angeles-based Rubicon Project , the online advertising optimization software firm headed by Frank Addante, released new traffic and customer numbers Monday, saying that the company is now serving up ads for 8 of the top 15 newspaper publishers in the U.S. READ MORE>>.
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 funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.
According to Rubicon, which provides online advertising optimization software and services, it has hired on Kaylie Smith as Managing Director in Sydney to head up its Australian and Asian operations. Smith was most recently Head of Platform Japan + Asia Pacific at Google, and has also served at DoubleClick, Red Sherrif, and Pearson.
Los Angeles-based Rubicon Project, which develops online advertising optimization software, announced this morning that it has hired on two executives to the firm. The firm is venture backed by Mayfield Fund, Clearstone Venture Partners and IDG Ventures. READ MORE>>
Los Angeles-based March Capital Partners has joined Verizon Ventures in backing a new, early stage investment accelerator--called The Fabric --whose co-founders include Sumant Mandal, a Managing Partner at March Capital Partners, and former Managing Partner at Clearstone Ventures.
GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. In 2000, we set up our second fund--worth almost $400M--and for that vintage year, that fund is one of the top tier performing funds in the entire country.
Los Angeles-based Rubicon Project , the venture funded online advertising effort run by Frank Addante, is reporting this morning that advertising CPMs were flat in Q4, even as the firm said it had an 30 percent growth in revenue across its publishers. READ MORE>>.
CFI is looking to enlist Indian-origin tech professionals, some who are software engineers from Microsoft, Google, eBay, VISA and Facebook among others to join other volunteers and organizations to give back to their community. Think Local, Hack Global. The teams of volunteer individuals and organizations are not just in for hype.
Santa Monica-based venture investor March Capital Partners has re-upped on one of its portfolio companies, Redwood City-based E8 Security , which develops software used to analyze cybersecurity threats. in funding. E8 Security has now raised $21.8M March Capital Partners made its first investment in E8 back in March of 2015.
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.
funding round for the firm's travel booking service. We caught up with Eric Hovanec, the firm's CEO, and Steve Reich, the firm's SVP of Sales, to hear more about the funding. 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.
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). He made a lot of money from those deals, so in 1999 he set up Baroda Ventures.
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