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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. AppDynamics.

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LeisureLink Gets $9M In Series C

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Pasadena-based LeisureLink , a provider of distribution services for specialty lodging and vacation rentals, announced today that it has raised $9M in a Series C funding round. The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. READ MORE>>.

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Rubicon Project Names VPs

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Los Angeles-based the Rubicon Project , the online ad optimization service for online publishers, said today that it has named Jay Sears as SVP Marketplace Development, and Jeremy Fain as Vice President Client Services. Sears was most recently at PulsePoint, and Fain was at CBS Interactive.

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Rubicon Project: 270 Percent Year over Year Growth

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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. READ MORE>>.

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Rubicon Project Buys Others Online

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Los Angeles-based Rubicon Project , a venture backed provider of online advertising optimization services, said today that it has acquired Others Online , a provider of a behavioral targeting service for the online advertising industry. Rubicon said the buy will help it build out its platform. READ MORE>>.

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Rubicon Opens Office In Australia, Hires Away Googler

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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.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. A location based service which incorporates social and gaming elements.

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