Clearstone Backs CupidsPlay.com
FEBRUARY 23, 2011
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
JUNE 24, 2011
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
Clearstone Backs Games2Win
MARCH 29, 2011
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
JANUARY 20, 2011
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.
It Takes a Village to GROW and Nurture Innovation
Tech Zulu Event
JULY 1, 2013
Others still focus on the right balance of angel and venture investment paired with accelerators to nurture the startups. Since landing in LA five years ago I’ve had countless conversations around what it takes to build a tech scene.
Games2Win Finds New Investor
MARCH 29, 2012
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
MARCH 10, 2014
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
MAY 5, 2014
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
MAY 4, 2010
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
AUGUST 22, 2013
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
DECEMBER 21, 2012
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
APRIL 2, 2014
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
OCTOBER 18, 2012
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
APRIL 7, 2014
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
MAY 2, 2011
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
OCTOBER 12, 2016
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
FEBRUARY 19, 2010
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
DECEMBER 10, 2014
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
JANUARY 12, 2011
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
MARCH 11, 2015
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
DECEMBER 13, 2011
For today's Insights and Opinions section, we thought we'd share a recent article penned by Clearstone Ventures' William Quigley. Bills 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
JULY 6, 2010
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
NOVEMBER 28, 2012
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
OCTOBER 20, 2009
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.
LeisureLink Picks Up $17M More For Vacation Rental Booking
JANUARY 19, 2016
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.
False Negatives and the Anti-Portfolio
Ask the Angels
NOVEMBER 23, 2009
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.
Do They Have a Great Rolodex, Connections and Advice?
Ask the Angels
FEBRUARY 17, 2010
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
Tech Zulu Event
DECEMBER 18, 2013
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
MAY 24, 2016
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
FEBRUARY 5, 2014
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
DECEMBER 27, 2010
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
SEPTEMBER 27, 2010
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
The Challenges (& Opportunities) of Starting a Tech Company in LA
MARCH 22, 2011
In the bay area there are dozens of firms that are actively making investments. They’re the ones that rise to the cream of the crop and get the attention of the folks that are investing in LA, and they often have Bay Area or East Coast suitors who want to invest in their companies.
Titan Gaming Rounds Up $1M From Who's Who Of LA Tech Investors
MAY 18, 2010
Tags: angel videogame investment capital venture gaming titan
Forbes Midas List Skips SoCal, Again
MARCH 24, 2016
In what has been a familiar refrain, the annual Midas List ranking by Forbes Magazine of the most influential venture capitalists has completely skipped Southern California's venture capital community, although it did credit the position of at least four of the VCs on the list to their investments in Southern California startups, and highlighted Ashton Kutcher and Guy O'Seary for their investment efforts.
LeisureLink Gets $9M In Series C
NOVEMBER 10, 2010
The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. The company said the new funding will go towards investments in its technology platform, and also for its sales efforts.
LeisureLink Signs Wholesale Travel Firm
JULY 18, 2012
LeisureLink is venture backed by Clearstone Venture Partners and Mission Ventures, along with strategic investment from Wyndham Worldwide. Pasadena-based LeisureLink , the developer of travel booking software and services, has added a new customer, the firm said Tuesday. LeisureLink said that Tourico Holidays, a global wholesale travel provider has established a partnership with the firm, to help expand the properties it distributes. Financial details of the link were not announced.
Southern California Venture Totals Drop in Q4
JANUARY 23, 2009
billion was invested in 3,808 deals in the fourth quarter of 2008. The report, based on data from Thomson Reuters, found that 2008 investments declined by 8 percent in terms of dollars, and 4 percent in terms of deal volume, with fourth quarter results seeing a 26 percent drop to $5.4
LAVA's Annual VC Breakfast
SoCal Tech Calendar
AUGUST 4, 2010
Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Current Confirmed Panelists: Sumant Mandal, Managing Director, Clearstone Venture Partners; Kevin Jacques, Partner, Palomar Ventures; Jim Andelman, General Partner, Rincon Venture Partners; Mark Suster, Partner, Los Angeles, GRP Partners; Klaus Koch, Managing Partner, Vicente Capital Partners. Tuesday, August 10, 2010 -- LAVA's Annual VC Breakfast.
Business and Financial Outlook 2012
SoCal Tech Calendar
JANUARY 27, 2012
Thursday, February 2, 2012 -- Business and Financial Outlook 2012. GABA, German American Business Association. The German American Business Association (GABA) invites you to our Annual Business and Financial Outlook Event to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe.