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Santa Monica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Clearstone's Sumant Mandal sits on Ankeena's board of directors. Tags: clearstone ventures merger acquisition ankeena networks juniper.
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: First of all, you know our heritage is as an incubator. Clearstone itself was an incubated entity, out of Idealab, it was Idealab Capital. That's not venture.
Thursday, December 9, 2010 -- If the Venture Model is Broken, Whos Funding All These Startups? What is the new business of investing startups are getting funded at rapid speeds, if venture is broken, whos doing the investing? Dealmaker Media LA.
in funding from Clearstone Venture Partners and Shasta Ventures. The firm was founded in 2008, and according to regulatory filings that funding came in January. The company was incubated by Clearstone Ventures, which has been actively pulling together management teams and funding new startups in Los Angeles and elsewhere.
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. You're funded, correct? How did the incubation part come about?
But more importantly we talked in the video about fund raising and how Scott has become so efficient at it. Incubated by Clearstone Ventures in 2008. Used by hedge funds, the intelligence community and multiple government agencies. Current round: $4. led by Altos Ventures and Maverick Capital, with Larry Braitman.
Speakers listed: Brock Pierce – Digital currency pioneer investing in Bitcoin, games, and online gambling businesses; Clearstone Global Gaming Fund. Richard Wolpert – Managing Director of Amplify.LA, startup incubator and Venture Advisor at Accel Partners.
As you may have gathered from my blog, I’ve spent the last couple of months visiting with companies and incubators. Then get VC funding, rent a cool space, hire a big team, rebuild and relaunch. New companies are being created at stunning speed by today’s founders. If you can’t keep up, you are dead. Not any more.
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