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. According to reports, Nirvana Venture Advisors acquired a 10 percent stake from early stage investors Nexus Venture Partners and ICICI Ventures, along with some employees.

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.

Trending Sources

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.

LeisureLink Plans Vacation Pricing Report

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LeisureLink is venture backed by Clearstone Ventures, Group RCI, and Mission Ventures.

Report: Rubicon Project Nearing Deal With New Corp. For FAN

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According to a report today from Paidcontent.org, Santa Monica-based Rubicon Project , the online advertising firm founded by Frank Addante, is in talks with News Corp. The report cites sources close to the deal. Paidcontent reports that News Corp. Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, and others.

Insights and Opinions: Top 10 Board Meetings Do's And Don'ts For CEOs

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This morning's Insights & Opinions piece comes from Jim Armstrong , Managing Director at Clearstone Venture Partners. The CEO should have some sort of executive report up front that sets the table for what they want to accomplish in the meeting. Tags: insights opinions armstrong clearstone venture capital Jim is very active helping Southern California's aspiring entrepreneurs, and has been instrumental in helping to promote the technology industry here.

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

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The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M The MoneyTree report--which is compiled with data from Thomson Reuters--found that so far in 2012, $2.5

Rubicon: CPMs Flat, Seeing Revenue Growth

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Los Angeles-based Rubicon Project , the venture funded online advertising effort run by Frank Addante, is reporting this morning that advertising CPMs were flat in Q4, even as the firm said it had an 30 percent growth in revenue across its publishers. Rubicon, which is backed by Clearstone Ventures, Mayfield, and IDG Ventures, publishes its market report every quarter, examining the online advertising industry. Tags: project rubicon report advertising

LeisureLink Raises $3.5M

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The round came to light through last week's PricewaterhouseCoopers/NVCA MoneyTree report. LeisureLink has previously raised funding from Clearstone Venture Partners, Group RCI, Kodiak Ventures LP, Mission Ventures, Pasadena Angels and the Tech Coast Angels.

Rubicon Project: 25 Percent Growth In Ad Spending In Q1

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Los Angeles-based Rubicon Project is reporting today that there was a 25 percent, year-over-year growth in online ad spending, according to the firm's Q1 2010 Online Advertising Market Report. Rubicon is venture backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund.

Rubicon Project: Q2 Advertising Grows

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Los Angeles-based Rubicon Project , the online advertising firm which helps web publishers optimize their ad network revenues, reported this week on the latest online ad spending, saying that ad spending tracked at its customers grew 47 percent in the first half of the year. Rubicon, which has been issuing quarterly reports on ad trends, said that it believes that 2010 is "shaping up to be the strongest year yet" for online ad spending.

Rubicon Project: Online CPMs Up 34 Percent In Q4

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The firm--which has been running its own series of reports on the online advertising market--attributed the increase in CPMs to holiday ad spending, as well as interesting in celebrity news topics. The firm is venture backed by $42M in funding from Clearstone Venture Partners, Mayfield Fund, IDG Ventures and GE/NBC Universal's Peacock Equity Fund.

Integrien Claims Record Growth

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Irvine-based Integrien , a developer of IT analytics and performance measurement software, reported today that it had "record" quarterly bookings in Q3 of 2009. Integrien is venture backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels. The privately held firm said its bookings were up 238% year-over-year. Actual financials were not disclosed by the company. The firm said it closed the largest deal in its history in the quarter from a financial firm.

Rubicon: CPMs Up For Ad Publishers

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Los Angeles-based Rubicon Project , which provides online advertising optimization for web publishers, reports this morning that its latest advertising market survey finds that CPMs are up "significantly" in Q2. Overall, the firm reported CPMs are up about 38% in Q2. Rubicon is venture backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures, and has raised $33M in funding.

Thanks to socalTECH's sponsors!

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Rubicon Project Opens London Office

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Thomas reports to Jay Stevens, Rubicon's new VP and GM International, who the firm snagged from MySpace last month. Rubicon Project is backed by Clearstone Venture Partners, Mayfield Fund, and IDG Ventures, and operates a service which optimizes online advertising networks and ads for Internet publishers.

Thanks to socalTECH's Sponsors and Advertisers!

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Thanks this week to our sponsors and advertisers, which include Clearstone. Clearstone Ventures (www.clearstone.com). Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. PRTechConnect leverages the resources of a full-service LA-based PR firm to distribute your news directly to a customized, targeted list of reporters and editors in print, broadcast and online media.

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

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Nationally, the MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters, found that there was $4.8 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.

Southern California Venture Totals Drop in Q4

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PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 San Diego led in the report for the quarter, with $205M in 24 deals; Los Angeles had nearly $198.6M

What Do VCs Read

The Quigley Report

I really don't know a lot of VCs who scour market research reports to confirm growth rates in a new industry or peruse 10Ks to confirm the gross margins of a market leading company. In late 2000, every mainstream publication in America was breathlessly reporting how the Internet sector was essentially one great big fraud. When Paypal came to Clearstone in 2000 looking for funding, many other VCs simply could not get past the fact that it was a 'dot com'. What do VCs read?

Interview with Eric Hovanec and Steve Reich, LeisureLink

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The board asked me to jump in, and I did, working with Ted Alexander and Jim Armstrong, of Mission Ventures and Clearstone Ventures, respectively. in, and we are happy to report that we're seeing some good growth, and that our investors are happy. Yesterday, Pasadena-based LeisureLink (www.leisurelink.com) announced a $6.2M funding round for the firm's travel booking service.

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

Both Sides of the Table

Incubated by Clearstone Ventures in 2008. Company reports 250,000 users in 49 countries with 1mm+ application downloads.

Zag 0

Ask the Angels

Ask the Angels

Both said they had a long list of prospects and that the reports back from their prospects indicated sales in the future, however, their closure rates were relatively slow. A couple of years ago, William Quigley of Clearstone Venture Partners wrote an appropriate blog post, Value of Certain Angel Investors : As a VC, I divide angel investors into two buckets.

Ask the Angels

Ask the Angels

Both said they had a long list of prospects and that the reports back from their prospects indicated sales in the future, however, their closure rates were relatively slow. A couple of years ago, William Quigley of Clearstone Venture Partners wrote an appropriate blog post, Value of Certain Angel Investors : As a VC, I divide angel investors into two buckets.

Ask the Angels

Ask the Angels

Both said they had a long list of prospects and that the reports back from their prospects indicated sales in the future, however, their closure rates were relatively slow. A couple of years ago, William Quigley of Clearstone Venture Partners wrote an appropriate blog post, Value of Certain Angel Investors : As a VC, I divide angel investors into two buckets.

Ask the Angels

Ask the Angels

Both said they had a long list of prospects and that the reports back from their prospects indicated sales in the future, however, their closure rates were relatively slow. A couple of years ago, William Quigley of Clearstone Venture Partners wrote an appropriate blog post, Value of Certain Angel Investors : As a VC, I divide angel investors into two buckets.