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Clearstone Re-Ups On Biometrics Firm AOptix

socalTECH

Santa Monica-based venture capital investor Clearstone Ventures has re-upped in a developer of biometric identity verification technology. The firm said the funding will go towards product development, sales and marketing. READ MORE>>.

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Sixgill Raises $6M For Proximity Sensing

socalTECH

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 startup also said the new funds will go towards sales, marketing, and accelerating product development at its new Los Angeles area office.

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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. Markets are getting better, these companies are going to be worth more twelve months from now, and let's try to take these out now. It's not a revenue multiple sale.

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Rubicon Signs New York Advertising Firm

socalTECH

Santa Monica-based Rubicon Project has signed a New York company, Katz 360 Sales, to give Katz access to its inventory of premium display ads, the firms announced today. Katz 360 Sales said it is using Rubicon Project's Internet advertising infrastructure to customize content and audience selections for its advertisers.

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Rubicon Taps Firm to Sell Premium Ads

socalTECH

Santa Monica-based Rubicon Project has tapped a New York company, Katz 360 Sales, to sell premium display ads to advertisers, the firms announced today. The firm is venture backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures Asia. READ MORE>>.

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Mobile Wallet Solution Kuapay Unveils New Interface & Features For User Security

Tech Zulu Event

With first-to-market patent-pending security technology. Also proud of the move, Bill Elkus, Founder and Managing Director of Clearstone Venture Partners said Kuapay’s patent-pending distributed encryption keys are a game changer in security. with successful user adoption in both Chile and Spain.

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

Both Sides of the Table

-Company plans to use the capital to build out sales and marketing and r&d. -a Founded in 2008 in Santa Monica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. Founded in 2008 in Santa Monica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. a fbFund winner. Current round: $4.

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