Clearstone Backs CupidsPlay.com

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Santa Monica-based venture capital firm Clearstone Ventures has backed a developer of an online social dating and games firm, CupidsPlay. Financial details of the investment were not disclosed. CupidsPlay said it received seed funding from Clearstone. cupidsplay clearstone venture capital funding online gaming content videogame social games

Clearstone Tops CalPERS IRR List

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Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. , a 1999-vintage fund from Santa Monica-based Clearstone, which had an IRR of 154.7 investment calpers ventures capital venture avalon clearstone

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Clearstone Backs Games2Win

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Santa Monica-based Clearstone Venture Partners has upped its investment in Mumbai, India-based Games2Win , an online developer of casual and other games. Rajan Mehra of Clearstone Ventures joins the board of directors of Games2Win along with the funding. Clearstone's efforts in India are run by Sumant Mandal and Rajan Mehra. clearstone ventures venture capital games2win online casual gaming content videogame

Insights and Opinions: A VC's Comments On Investing and Startups in LA

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Yesterday, Tom Tierney of the Tech Coast Angels responded with his own thoughts on the subject, and today, we have a few comments from Jim Armstrong , Managing Director at Clearstone Venture Partners. One of my investments doing GREAT (and I mean GREAT) is SupplyFrame in Pasadena.

Southern California Firms Get $694M In Q3 2012 Venture Funding

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billion has been invested in the region via venture capital. billion in investments; followed by New England, with $826.1M in investments; with Southern California taking third with it $694.5M in investments. was invested across 48 deals; San Diego has $241.5M

Games2Win Finds New Investor

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Games2Win , the provider of online casual games backed by Clearstone Venture Partners, has scored an investment from Nirvana Venture Advisors, according to a number of Indian business publications. The firm is one of the companies which Clearstone has invested in as part of its efforts in India. Clearstone apparently remains an investor in the gaming firm. games2win clearstone venture capital india videogame casual gaming online

LeisureLink Acquired By VacationRoost

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LeisureLink was venture backed by Clearstone Venture Partners and Mission Ventures, and also had received a strategic investment from Wyndham Worldwide. Clearstone''s Jim Armstrong joins VacationRoost''s Board of Directors as part of the deal. Pasadena-based LeisureLink , the developer of travel booking software for the vacation rental market, has been acquired by VacationRoost , which operates an online vacation rental marketplace.

Tech Investor Pierce Makes Offer For Mt. Gox

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According to a report , Brock--and his investment group, Sunlot--apparently are hoping to help stabilize the Bitcoin economy through its move. BitAngels angel investment group focused on Bitcoin; is a backer of Santa Monica-based GoCoin; and has investments in such companies as Playsino and Xfire, in addition to being involved with the Clearstone Global Gaming Fund.

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.

Menlo Ventures Karl Mehta Launches CodeForIndia.Org To Empower Citizens In India

Tech Zulu Event

Professor Vijay Pande of Stanford University, Mohandas Pai, Chairman of Manipal Global Education and Vish Mishra, Venture Director at Clearstone and mentor to The Hive and The Fabric have joined CFI’s Advisory Board.

Playsino Releases First Two Network Titles

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Playsino is headed by Brock Pierce, a gaming industry veteran who has been heavily involved in investments and work with local startups. Santa Monica-based Playsino , the developer of social casino games, said Friday that it has released the first two games under its Publishing Network effort.

Rubicon Project Surges In IPO

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The IPO is a huge win for backers Clearstone Ventures, News Corp., It''s been a long road for Rubicon''s backers, who first invested in the company back in 2007, when Clearstone Ventures invested in Rubicon''s Series A funding. Clearstone owned about 24.0% Santa Monica-based The Rubicon Project , the online advertising technology and exchange operator founded by Frank Addante, surged in its IPO on Wednesday morning, trading up roughly 34% in morning trading.

Southern California Firms Gets $694M In Q3 2012 Venture Funding

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billion has been invested in the region via venture capital. billion in investments; followed by New England, with $826.1M in investments; with Southern California taking third with it $694.5M in investments. was invested across 48 deals; San Diego has $241.5M

Los Angeles Venture Investors Get Their Mojo Back

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Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. investment investor capital venture angeles

Quigley: Venture Capital Revival Coming

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William Quigley , a venture capitalist at Clearstone Venture Partners, is making the argument that venture capital returns are set to return superior returns in the coming years, due to the disinterest of institutional investors. Disclosure: Clearstone is a sponsor of socalTECH).

March Capital Re-Ups On E8 Security

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March Capital Partners made its first investment in E8 back in March of 2015. security e8security venture capital cybersecurity sumant mandal clearstone marchcp march partnersSanta 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.

Rubicon Projects Hires Investment Banker

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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 has raised over $42M in funding from Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund. Tags: rubicon project merger acquisition investment banker advertising software technology server

March Capital Partners Backs Appcito

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Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. March Capital''s Sumant Mandal led the investment round. March Capital has recently invested in such companies as Agent Ace, DeepForestMedia, and TeleSign.

Insights and Opinions: The Problem with the Super Angels

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For today's Insights and Opinions section today, we have a post from Jim Armstrong , Managing Director at Clearstone Venture Partners , who talks about some of the issues behind the super angel trend. At Clearstone, we have also launched a super angel fund and strategy.

March Capital Partners Backs E8 Security

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Santa Monica-based March Capital Partners , the venture capital investment firm led by Jim Armstrong, Sumant Mandal, Gregory Milkin, and Jamie Montgomery, is the lead investor in a new cyber security startup, E8 Security. March Capital Partners led the investment, which also included Allegis Capital and The Hive. March''s investment was led by Sumant Mandal. security march capital partners venture clearstone mandal cybersecurity cyberattack software

Insights and Opinions: Idealab and the Bill Gross Legacy

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For today's Insights and Opinions section, we thought we'd share a recent article penned by Clearstone Ventures' William Quigley. Bills name is well known within the investment, start-up and tech communities, especially of late with the recent launch of his Chime.In

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

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An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 billion invested in Q1, and up from $1.0 in investment), Energy ($190.2M in investments) and Medical Deviecs ($128.1M in investments in Q2). The most active investors in the region, by number of investments, were the Tech Coast Angels (9 tracked deals); followed by clean tech investor Angeleno Investors (3 deals).

Playsino Hits 1M Installs

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Playsino develops social, casino games which run on Facebook, and is venture backed by IDM Venture Capital, Eric Schmidt (Google), Michael Robertson (MP3.com), Carlos Bhola (Vonage), Kamran Pouzanjani (PriceGrabber), and William Quigley and Jim Armstrong (Clearstone Venture Partners).

Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

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was invested in 65 Southern California deals in Q3, compared to $773.3M billion invested in 637 deals in Q3, up 17 percent quarter-to-quarter, but down three percent in deals. PwC/NVCA said that Mission Ventures and Enterprise Partners were the most active local VCs for the quarter, with five deals each; Clearstone Ventures had four, and DFJ Frontier and Palomar Ventures reported three deals each.

Crowdfunder Gets Broker-Dealer License

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Crowdfunder is backed by such investors as 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. crowdfunder broker dealer license crowdfunding securities stock sale investment fintech

False Negatives and the Anti-Portfolio

Ask the Angels

Seeing last week’s Venture Capital Dispatch in the online Wall Street Journal, When Venture Capitalists Let One Slip Away , reminded me of Jim Armstrong’s (Clearstone Venture Partners) comment last year about false negatives. “You can afford to have a false positive; you can afford to invest in things and fail, but because the big ones are so rare, you cannot afford a false negative.

LeisureLink Picks Up $17M More For Vacation Rental Booking

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The funding came from Clearstone Ventures, Kinderhook Industries, and Escalate Capital Partners. leisurelink venture capital vacation booking rental rentals investmentLeisureLink which provides booking and distribution software for the vacation rental industry, announced today that it has raised $17M in a funding round. The company--which has offices in Pasadena, but has its headquarters in Salt Lake City, Utah--said the funding will go towards scaling company operations.

Do They Have a Great Rolodex, Connections and Advice?

Ask the Angels

Several months before Jason Calcanis’ crusade (or jihad—depending on your political affiliation) against for-profit angel groups, I wrote a post about evaluating angel groups and the criteria to use when seeking investment. 2. Do they actually have capital and a track record of investing their own personal funds. 3. How transparent is their organization and investment process. 9. Do they help entrepreneurs, regardless of whether or not they invest.

TechZulu Presents: The Annual Startup Forecast

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We will also have some of the top companies present that each of the panelist has invested in. Our Panelist Include: Brock Pierce - Starting & Investing in Bitcoin, Games, and Gambling Businesses.

March Capital Partners Launches $240M Venture Fund

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Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. Armstrong and Mandal previously led Clearstone Venture Partners and idealab Capital Partners, Montgomery was the founder and CEO of Montgomery & Co., march capital partners venture investment fund

TechZulu Recaps: The Annual Startup Forecast

Tech Zulu Event

Speakers listed: Brock Pierce – Digital currency pioneer investing in Bitcoin, games, and online gambling businesses; Clearstone Global Gaming Fund. Some quick numbers: In 2013, $100M was invested into Bitcoin-related ventures. Is Micro-Investing the Future?

What Mattered in 2010: Bruce Hallett, Miramar Venture Partners

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Last week, we asked with Jim Armstrong of Clearstone Ventures about his opinions, and today, we're featuring the thoughts of Bruce Hallett , a venture capitalist at Miramar Venture Partners.

Geodelic Confirms Verizon Relationship

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Geodelic has previously raised funding from Clearstone Ventures, Shasta Ventures and MK Capital, all of whom also participated in that June investment. Tags: geodelic verizon investment venture capital mobile location applications rahul sonnad