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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.
Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. According to Openbucks, it has raised $4.8M
Los Angeles-based Rubicon Project is extending into mobile advertising, the firm said today, with a new mobile ad optimization product. According to Rubicon Project, its new REVV for Mobile (RFM) product will provide mobile ad serving, campaign management, and ad network optimization on mobile ad impressions.
Santa Monica-based Geodelic , a developer of location-based mobile networking software, told its users Wednesday that it has released version 2.0 of its Sherpa mobile software. Tags: geodelic location mobile networking software. READ MORE>>.
For today's contribution, we spoke with Jim Armstrong , a venture capitalist at Clearstone Venture Partners. Apple and the IPAD because it showed that the power of a mobile OS applied to the essentials of computing is good enough. Yesterday, we spoke with Mark Suster of GRP Partners.
Santa Monica-based Geodelic announced today that the firm is shipping a new application for local discovery, along with T-Mobile USA. According to the venture backed firm, the new software for T-Mobile's myTouch 3G, learns a user's favorite locations and helps them find local retailers, restaurants, and attractions. and Jamdat.
Santa Monica-based Geodelic , the developer of mobile location information applications headed by Rahul Sonnad, has rolled a new mobile application from Clear Channel. Geodelic is backed by Clearstone Venture Partners, MK Capital, and Shasta Ventures. The two had announced the deal in August. READ MORE>>.
Santa Monica-based Geodelic , the location-based mobile application development firm run by Rahul Sonnad, confirmed its relationship with Verizon last week. Geodelic has previously raised funding from Clearstone Ventures, Shasta Ventures and MK Capital, all of whom also participated in that June investment. READ MORE>>.
Santa Monica-based Geodelic , the mobile application development firm run by Rahul Sonnad, has signed up Clear Channel's airport division, Clear Channel Airports , the companies said today. Geodelic is venture backed by Clearstone Venture Partners, MK Capital, and Shasta Ventures. READ MORE>>.
Santa Monica-based Geodelic , the location-based mobile phone applications firm headed by ukelele-strumming Rahul Sonnad, has raised $7M, the firm said today. The funding came from MK Capital, Clearstone Ventures, and Shasta Ventures. Tags: geodelic venture capital mobile phone. READ MORE>>.
com), Carlos Bhola (Vonage), Kamran Pouzanjani (PriceGrabber), and William Quigley and Jim Armstrong (Clearstone Venture Partners). Playsino is backed by IDM Venture Capital, Eric Schmidt (Google), Michael Robertson (MP3.com), READ MORE>>.
Santa Monica-based Geodelic , the latest startup of The Platform founder Rahul Sonnad, said today that it has partnered up with Universal Studios Hollywood on a mobile application focused on Universal's "Halloween Horror Nights" event. Tags: geodelic universal studios hollywood mobile application iphone. READ MORE>>.
Armstrong and Mandal previously led Clearstone Venture Partners and idealab Capital Partners, Montgomery was the founder and CEO of Montgomery & Co., The firm said it invests globally, and invests in everything from mobile, enterprise, infrastructure, to gaming and other industries.
Los Angeles-based At The Pool , the social discovery service headed by Alex Capecelatro, has launched a brand new, mobile app it says is targeted at helping people to connect and interact. At The Pool is venture backed by Clearstone Venture Partners, Canyon Creek Capital, and angels. READ MORE>>.
Los Angeles-based Hopscotch , the developer of a mobile app platform used heavily by colleges, sports teams, live events, and venues, has raised $5M in a Series B funding, the company announced on Wednesday. Hopscotch, which is led by CEO and President Laurence Sotsky, powers the mobile apps behind a large number of college sports teams.
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. Rahul Sonnad: We did a seed round with Clearstone Ventures, that incubated us in their Santa Monica office.
Angel Launch, a new event for startups and investors, is producing a networking venture pitch, networking dinner and party the night before E3 Expo in LA for digital media, mobile and tech startups. See [link] (more)
The funding was led by DRW Venture Capital, and also included Mobile Financial Partners. Sensor is led by longtime tech veteran Phil Ressler, who previously has served at Bottlenose, Lumenz Networks, MyGreenlight, Big Stage Entertainment, Clearstone Venture Partners, and many other companies.
Incubated by Clearstone Ventures in 2008. Geodelic develops free mobile applications to easily browse your surroundings (restaurants, banks, businesses, etc). Includes content mobile guides, ie. Includes 70,000 apps for all major mobile OS platforms, including Apple’s. Hollywood Walk of Fame. Total raised: $6.0mm.
The funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Ressler was previously a venture investor at Clearstone Venture Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.
Kuapay, a mobile wallet solution that allows users to pay, enjoy loyalty programs, and manage coupons has released Kuapay’s 3.0, But for users to adopt mobile, there is need for security. Kuapay therefore makes paying with its mobile wallet more secure than paying with a physical credit card. True Mobile Wallet Experience.
The panelists included James Cham of Bessemer Venture Partners; Beau Laskey of Steamboat Ventures; Greg Martin of Redpoint Ventures; Leo Spiegel of Mission Ventures; Ross Levinsohn of Velocity Interactive; Jim Armstrong of Clearstone Venture Partners; Mike Stuhley of the Tech Coast Angels; and Gus Tai of Trinity Ventures. READ MORE>>
Professor Vijay Pande of Stanford University, Mohandas Pai, Chairman of Manipal Global Education and Vish Mishra, Venture Director at Clearstone and mentor to The Hive and The Fabric have joined CFI’s Advisory Board. The teams of volunteer individuals and organizations are not just in for hype. Woes at home, timely initiative.
Topics of discussion will be Wearables Technology, Bitcoin, SaaS, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2014, creating value with your company, hiring problem solvers, and building a sensible businesses. There will be plenty of FREE food and drinks!
In a short, densley packed timeline, our panel of industry experts discussed the fine line topics of wearables technology, bitcoin, SaaS, cloud, mobile gaming, and social markets. Speakers listed: Brock Pierce – Digital currency pioneer investing in Bitcoin, games, and online gambling businesses; Clearstone Global Gaming Fund.
We've invested in a fantastic company called Mobiclip, which provides high throughput video with low battery consumption on mobile devices. My competition is not Rustic Canyon, it's not Clearstone, or the other venture firms in town. Obviously, this being LA, we're also very interested in digital content and distribution.
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