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Clearstone Re-Ups On Biometrics Firm AOptix

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Santa Monica-based venture capital investor Clearstone Ventures has re-upped in a developer of biometric identity verification technology. The firm said the funding will go towards product development, sales and marketing. READ MORE>>.

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Clearstone Gets Big Win With Meru

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Santa Monica-based venture capital firm Clearstone Ventures was among the big winners Wednesday in the IPO debut of Sunnyvale-based Meru Networks , a developer of virtual wireless LAN products. Clearstone was the biggest shareholder in Meru before the IPO, with 20.9 Shaw Group, Tenaya Capital, and CID Group.

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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. LivingSocial.

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Clearstone's Sumant Mandal On Exits, Opportunities

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Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. Sumant Mandal: I think there have been a lot of strategics today who feel the markets are changing for the better, and want to make decisions around new product, and now is the time to do it.

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Sixgill Snag $27.9M

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in a Series B funding round, the company said last week. The funding was led by DRW Venture Capital, and also included Mobile Financial Partners. Sixgill said its primary product, Sense, is used by companies to manage challenges in governing their "Internet of Everything" assets and building sensor-informed applications.

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ThisNext Gets $1.2M In Funding Round

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Santa Monica-based ThisNext , the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M in a round of funding, according to a regulatory filing from the firm today. Clearstone Venture Partners and Anthem Venture Partners. Clearstone Venture Partners and Anthem Venture Partners.

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Sixgill Raises $6M For Proximity Sensing

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Santa Monica-based Sixgill , a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.