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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. Segment One: Jim’s background and Clearstone’s investment strategy. Now Google is a VC.

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Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4

socalTECH

Santa Monica-based Rubicon Project , the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon. Tags: rubicon project online advertising optimize profit. READ MORE>>.

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Rubicon Project Files For IPO

socalTECH

Los Angeles-based online advertising technology developer Rubicon Project has filed for an IPO, saying in a filing with the SEC that it is looking to sell up to $100M in its stock in an IPO on the New York Stock Exchange. RBC Capital Markets, Needham & Company, Oppenheimer & Co, and Luma Securities. Mayfield, as well as others.

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Thanks to socalTECH's Sponsors and Advertisers!

socalTECH

Thanks to all of our sponsors and advertisers, who make our coverage of Southern. Thanks this week to our sponsors and advertisers, which include Clearstone. Clearstone Ventures (www.clearstone.com). Venture capital for innovators. Advertisers. California's technology industry possible. professionals?

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Geodelic Rolls Out Clear Channel App for Android

socalTECH

According to Clear Channel Airports, the airport advertising arm of advertising giant Clear Channel, it has launched a new FLYsmart application, a free, mobile application for Android which provides information about airports. Geodelic is backed by Clearstone Venture Partners, MK Capital, and Shasta Ventures. READ MORE>>.

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Rubicon Project: 25 Percent Growth In Ad Spending In Q1

socalTECH

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. READ MORE>>.

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Rubicon Project Prices IPO

socalTECH

Los Angeles-based online advertising technology provider Rubicon Project priced its IPO last night, saying that it is selling 6,770,995 shares of its common stock at $15.00 Rubicon Project is venture backed by Clearstone Ventures, News Corp., RBC Capital Markets, Needham & Company, Oppenheimer & Co, and Luma Securities.

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