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Clearstone Backs Openbucks

socalTECH

Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. According to Openbucks, it has raised $4.8M

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Playsino Releases First Two Network Titles

socalTECH

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. com), Carlos Bhola (Vonage), Kamran Pouzanjani (PriceGrabber), and William Quigley and Jim Armstrong (Clearstone Venture Partners). READ MORE>>.

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Sixgill Snag $27.9M

socalTECH

Santa Monica-based Sixgill , a developer of Internet-of-Things, sensor software, has raised $27.9M The funding was led by DRW Venture Capital, and also included Mobile Financial Partners. in a Series B funding round, the company said last week. Sixgill was formerly known as Zos Communications.

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Geodelic Updates Mobile App

socalTECH

Santa Monica-based Geodelic , a developer of location-based mobile networking software, told its users Wednesday that it has released version 2.0 of its Sherpa mobile software. Tags: geodelic location mobile networking software. READ MORE>>.

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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.

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Interview with Rahul Sonnad, Geodelic

socalTECH

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. Rahul Sonnad: We did a seed round with Clearstone Ventures, that incubated us in their Santa Monica office.

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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

28 from 7pm-10pm in Santa Monica. Topics of discussion will be Wearables Technology, Bitcoin, SaaS, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2014, creating value with your company, hiring problem solvers, and building a sensible businesses. Pierce also led the acquisition of Xfire from Viacom.

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