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Southern California Firms Get $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

Clearstone Tops CalPERS IRR List

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CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR). Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. ,

Los Angeles Startup Community

SoCal CTO

So, I promised I would create this post to help point them in the right direction. Networking Events in Los Angeles and Southern California More Web Events in Los Angeles Technology Networking in the Greater Los Angeles area Technical Networking Groups and Meetups in Los Angeles SoCal Networking Event Organizations Los Angeles Tech 101 - Conferences and if you want to find informal networking, you might head over to CoLoft , in Santa Monica.

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

socalTECH

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

Los Angeles Startup Community

SoCal CTO

So, I promised I would create this post to help point them in the right direction. Networking Events in Los Angeles and Southern California More Web Events in Los Angeles Technology Networking in the Greater Los Angeles area Technical Networking Groups and Meetups in Los Angeles SoCal Networking Event Organizations Los Angeles Tech 101 - Conferences and if you want to find informal networking, you might head over to CoLoft , in Santa Monica.

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. insights opinions investing startups ryan born armstrong clearstone venture capital

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. Read William's entire post on Idealab, the Roots of the SoCal Tech Community, and the Bill Gross Legacy.

Q3 Southern California Venture Deals Around $879M

socalTECH

A quick analysis by socalTECH of our tracking of venture capital deals in Southern California finds that there was around $879M in venture funding activity here in Q3. Tags: southern california quarterly venture capital The information--gleaned from funding announcements, regulatory filings, and other sources--are not far off from socalTECH's totals from last quarter, which totaled up around $932M in investment activity.

Web 1.0 Entrepreneurs: we are roadkill unless we learn to run as fast as today’s founders.

Steve Reich

The emails were so tailored, that many merchants called back to thank them for the personal attention. But so many companies are being launched so fast that probability tells you that there will be major winners. Many, many thanks to Jim Armstrong of Clearstone who insisted that I needed visit an incubator or two. “I told you so” doesn’t begin to cover it. New companies are being created at stunning speed by today’s founders.

Rubicon Project Sets IPO Range

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Rubicon Project is venture backed by Clearstone Ventures, News Corp., Rubicon''s IPO is the first in Southern California from a technology company since June of 2012, when San Diego''s ServiceNow had its IPO. Los Angeles-based online advertising technology developer Rubicon Project set the pricing range for its initial public offering Thursday, saying that it hopes to offer 6,770,995 shares of its common stock at between $15.00 and $17.00 per share.

Southern California Venture Totals Drop in Q4

socalTECH

Most sectors saw drops in investment during the year, with the exception of few--including a couple of sectors where Southern California has a significant presence, in Clean Technology and Media & Entertainment.

Venture Conference Highlights SoCal Startups

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Southern California's top startups showed up in force Friday at the Westin South Coast Plaza in Costa Mesa, for the Technology Council of Southern California's annual VentureNet conference.

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

socalTECH

was invested in 65 Southern California deals in Q3, compared to $773.3M 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. PricewaterhouseCoopers and the National Venture Capital Association have weighed in on Q3 venture capital totals, saying that $475.5M

Playsino Hits 1M Installs

socalTECH

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).

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. appcito venture capital cloud application infrastructure software saas subscription sumant mandal clearstone marchcapital march partners investment

TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. Babak received a BA degree in Business Economics and Communications from the University of California, Santa Barbara.

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

socalTECH

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 Other active firms included Bessemer Venture Partners, Redpoint Ventures, Palomar Ventures, Clearstone Venture Partners, Domain Associates, The Westly Group, Life Science Angels, Kleiner Perkins Caufield and Byers, Idealab, Versant Ventures, Anthem Ventures, New Enterprise Associates, and First Round Capital.

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

socalTECH

This morning's Insights & Opinions piece comes from Jim Armstrong , Managing Director at Clearstone Venture Partners. Jim is very active helping Southern California's aspiring entrepreneurs, and has been instrumental in helping to promote the technology industry here. Try to reach out to all board members prior to the meeting (or ask them to always reach out to you) so their concerns, if any, are addressed.

What Mattered in 2010: Bruce Hallett, Miramar Venture Partners

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All this week, we are sharing the opinions of some of the top influencers in Southern California's high tech community. See more insights from the Southern California high tech community in our continued series tomorrow!

Integrien Acquired By VMware

socalTECH

The acquisition was a big win for Southern California's investors, particularly from Clearstone Venture Partners and the Tech Coast Angels. Integrien was venture backed by Clearstone Venture Partners, Acartha Group, Mariner Capital Ventures, and the Tech Coast Angels. Clearstone owned about half of the firm. Clearstone's other major recent exits are Kazeon (acquired by EMC), Mimosa (Iron Mountain), Ankeena (Juniper Networks), and Meru Networks (IPO).

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times.

The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

There simply are NOT enough venture capital firms in the Southern California. This dispersed geography prevents entrepreneurs from easily meeting up for both formal functions and the informal drinks/dinner that so often lead to great ideas and partnerships.

Rubicon Project Up 33.60 Percent In IPO

socalTECH

Rubicon was venture backed by Clearstone Ventures, News Corp., It''s been a big few weeks for Southern California''s technology startup world, with three, major exits in the last couple of weeks, including the up to $950M acquisition of Maker Studios last week, the two billion acquisition of Oculus VR exactly a week ago, on top of Rubicon''s healthy IPO today. All three exits will help bolster Southern California''s reputation as a technology startup hotbed.

Interview with Mark Suster, GRP Partners

socalTECH

So we think we're the right size for the market in 2009. So we're focused on technology, and financial services. We're also looking at technology in the retail sector, or which touch the retail supply chain--things like out of home advertising, software to optimize the retail supply chain, and other related areas because we know the retail sector so well. We'd like to be one of the most prominent investors in Southern California.

LAVA's Annual VC Breakfast

SoCal Tech Calendar

Meet the top VCs who are investing in Southern California. 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. Find out what they are looking to invest in.

Rubicon Project: LA's Next IPO?

socalTECH

Rubicon Project , the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday. Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn.

Titan Gaming Rounds Up $1M From Who's Who Of LA Tech Investors

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Los Angeles-based Titan Gaming is announcing this morning that it has scored $1M in an angel funding round, from notable local angel investors. According to Titan, it is focused on developing a "complete" gaming platform for skill-based matchmaking, tournaments and points or cash competitions.

Thanks to socalTECH's sponsors!

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Thanks to all of our sponsors, who make our coverage of Southern California's. We Create Demand for California's Technology Companies. Clearstone Ventures (www.clearstone.com). technology industry possible: Sponsors. Binary Pulse Technology Marketing (www.binarypulse.com). Venture capital for innovators. The City of Glendale (www.thinkglendale.com). Need office or Tech Space? Think Glendale. Costello and Sons Insurance Brokers (www.costelloandsons.com).

Interview with Rahul Sonnad, Geodelic

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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.

Thanks To Our Sponsors

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Southern California's high tech news and companies. Backing Southern California's next great technology companies. We Create Demand for California's Technology Companies. Clearstone Venture Partners (www.clearstone.com). PowerMark www.thepowermarkgroup.com , Southern California's premier full-service marketing and. The Technology Council of Southern California (www.tcosc.org) The Technology Council of Southern.

Disney Parks Checks In With Gowalla

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Southern California's closest competitor in the sector is Geodelic , the Clearstone- and Shasta backed startup headed by Rahul Sonnad.

Thanks to socalTECH's Sponsors and Advertisers!

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Thanks to all of our sponsors and advertisers, who make our coverage of Southern. California's technology industry possible. Looking to reach Southern California's high tech executives and. socalTECH.com offers up continuous coverage of Southern California's growing high. Thanks this week to our sponsors and advertisers, which include Clearstone. Clearstone Ventures (www.clearstone.com).

Yahoo To Shut Geocities

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Geocities was one of Southern California's original, dot com successes, having both a successful IPO in August of 1998, and a $4.5 Geocities founder David Bohnett is now running his own investment firm, Baroda Ventures, which has become more active in recent months, and just hired on venture capitalist Peter Lee (formerly of Prism Ventures and Clearstone Ventures) as a Partner at the firm.

Titan Gaming Taps Pierce, McCurdy For Board

socalTECH

Los Angeles-based Titan Gaming , the online gaming technology firm backed by the who's who of Southern California's angel investors, said today that it has added EA's Keith McCurdy and Affinity Media's Brock Pierce to its board, as well as appointed a number of executives.

Big Stage Emerges From Beta

socalTECH

BigStage is venture backed by Mission Ventures, Selby Ventures, and the Tech Coast Angels, and is based on research from the University of Southern California; the firm's CEO, Phil Ressler, was formerly a venture capitalist at Clearstone Ventures, and the firm was co-founded by Jon Snoddy and Jon Kraft, who also helped co-found music service Pandora.

Interview with Peter Lee, Baroda Ventures

socalTECH

A few months ago, Peter Lee --a venture local capitalist who has served at firms such as Prism Ventures and Clearstone Ventures Partners--joined a relatively unknown venture firm here in Southern California, Baroda Ventures (www.barodaventures.com). He made a lot of money from those deals, so in 1999 he set up Baroda Ventures. He then invested in about twenty companies, almost all of them in Los Angeles or Southern California.

Interview with Phil Ressler, BigStage Entertainment

socalTECH

The firm's technology--which creates a 3D, virtual avatar from digital photos--was originally developed at the University of Southern California for the CIA, and was spun out into a venture funded company targeting the consumer market. We spoke with Phil Ressler--a former venture capitalist from Clearstone Ventures--who is now CEO of BigStage. The bulk of my work experience in my adult life has been on the operational side, so it's not unusual to go back.

Interview with Eric Hovanec and Steve Reich, LeisureLink

socalTECH

They have to manage promotions, manage their inventory in real time--which is very important so they don't overbook--and there is a lot of complexity in actually executing the business. Our business is growing so fast, there's a lot of pressure on our operational team. So, we're happy to make those investments in our operations. The board asked me to jump in, and I did, working with Ted Alexander and Jim Armstrong, of Mission Ventures and Clearstone Ventures, respectively.