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Palomar Ventures Teams With Soros On Wireless Investment

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Los Angeles-based Palomar Ventures is in a new funding with Soros Fund Management, in a deal worth $128.4M Palomar is represented on ExteNet's board by Kevin Jacques. Tags: palomar ventures extenet soros wireless. to Illinois wireless firm ExteNet Systems. ExteNet designs, builds and operates distributed wireless networks.

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CalPERS Sells Palomar Ventures Stake

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CalPERS, the California pension fund which is a major limited partner in venture capital funds here, apparently sold its stake in Palomar Ventures III, L.P. A partner at Palomar Ventures declined to comment, saying that the firm has a "hard and fast" policy of not commenting on matters related to LPs. sometime earlier this year.

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Veritone Names New Board Member

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Taketa was most recently President and CEO of York Risk Services, an insurance services company; he also served at DLA and an un-named private equity firm, and is a director of Palomar Insurance, Alphaeon Corporation, and the Hoag Hospital Foundation.

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Clearstone I Tops CalPERS Fund Performance

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Santa Monica-based venture capital firm Clearstone Venture Partners currently tops the list for the best performing fund within CalPERS private equity funds, according to recently released figures from CalPERS. According to the numbers, Clearstone Venture Partners 1-B, which was raised in 1999, has returned CalPERS so far 154.7 READ MORE>>.

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Predixion Software Raises $5M

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The round was led by DFJ Frontier, and also included Miramar Venture Partners and Palomar Ventures. In addition to the equity funding, Predixion said that it has also gained a growth capital facility from Silicon Valley Bank. Predixion develops a self-service, cloud based business analytics service.

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CoreObjects Acquired By Indian Firm

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CoreObjects has a deep presence in providing services to Los Angeles startups; the firm has provided its services to such firms as Stamps.com, Xoova, Practice Technologies, and many others, and reportedly has taken warrants and equity stakes in a number of local startups as part of their development deals. READ MORE>>.

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CoreObjects Scores $2M In Venture Funding

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in a equity funding round, according to a regulatory filing by the firm today. According to the filing, Palomar Ventures--a prior investor in the firm--still holds two board seats, with Jim Gauer and Scott Walters sitting on the firm's board of directors. Details on the funding have not yet been released by the company.