in funding from Clearstone Venture Partners and Shasta Ventures. The company was incubated by Clearstone Ventures, which has been actively pulling together management teams and funding new startups in Los Angeles and elsewhere. Tags: clearstone capital venture tmobile application mobile geodeli 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

This morning's Insights & Opinions piece comes from Jim Armstrong , Managing Director at Clearstone Venture Partners . Jim is very active helping Southern California's aspiring entrepreneurs, and has been instrumental in helping to promote the technology industry here. Tags: insights opinions armstrong clearstone venture capita Jim has been giving helpful advice to CEOs recently on his blog , and we're sharing his recent top ten list of board meetings do's and don'ts for CEO. Here Here are my TOP 10 BOARD MEETING DOS AND DONTS FOR CEOS......

couple of years ago, William Quigley of Clearstone Venture Partners wrote an appropriate blog post, Value of Certain Angel Investors : These investors are generally not known by VCs active in the specific market the start up is pursuing. Given that Clearstone has invested in one of our portfolio companies— LeisureLink —that’s managed by two of our members, it’s a pretty good bet that the Pasadena Angels fall into the first Part IV of a Continuing Series on How to Select an Angel Group Several months before Jason Calcanis’ crusade (or jihad—depending on your political

A quick analysis by socalTECH of our tracking of venture capital deals in Southern California finds that there was around $879M in venture funding activity here in Q3. The information--gleaned from funding announcements, regulatory filings, and other sources--are not far off from socalTECH's totals from last quarter, which totaled up around $932M in investment activity. The biggest are for venture activity in the San Diego led investment activity in Q3, with a large number of the biggest VC deals all located in the area. Intellikine in La Jolla and Zogenix in San Diego both

Geocities founder David Bohnett is now running his own investment firm, Baroda Ventures, which has become more active in recent months, and just hired on venture capitalist Peter Lee (formerly of Prism Ventures and Clearstone Ventures) as a Partner at the firm. ...Tags: Internet portal Yahoo is quietly shutting Geocities , the Internet home page portal it acquired in 1999. Yahoo said it is no longer accepting new customers, and will discontinue the service later this year.

Most of the companies Clearstone invests in have angel money. In the past few years, angels have become much more active than they were following the tech crash of 2000. When a company comes to Clearstone with some money in the bank from smart in-the-know angels, we get interested quickly. These investors are generally As a VC, I divide angel investors into two buckets. The first group includes angel investors who know the space they are investing in.

PwC/NVCA said that Mission Ventures and Enterprise Partners were the most active local VCs for the quarter, with five deals each; Clearstone Ventures had four, and DFJ Frontier and Palomar Ventures reported three deals each. Dow PricewaterhouseCoopers and the National Venture Capital Association have weighed in on Q3 venture capital totals, saying that $475.5M was invested in 65 Southern California deals in Q3, compared to $773.3M

terms of last quarter's activity by industry in Southern California, Industrial/Energy led, with $76.4M According to the report, the most active Southern California investors (those with their headquarters in Southern California) were Clearstone Ventures, with 6 deals; followed by Miramar Ventures, Rustic Canyon Partners, Amgen, Shepherd Ventures, Avalon Ventures, NGEN Partners, and Anthem Ventures, all with 3 deals each. READ MORE>> ...Tags: PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3

We spoke with Phil Ressler--a former venture capitalist from Clearstone Ventures--who is now CEO of BigStage. For They want a means of representing themselves that is animated, and changeable, and actively communicates in places like MySpace, Facebook, and other social networks. I had gone into Clearstone at their invitiation, and had a really exciting time, and the experiment lasted longer than expected. Pasadena-based BigStage (www.bigstage.com) is one of those rare companies that has taken technology developed from university research, and is now bringing that technology to the commercial market.

A few months ago, Peter Lee --a venture local capitalist who has served at firms such as Prism Ventures and Clearstone Ventures Partners--joined a relatively unknown venture firm here in Southern California, Baroda Ventures (www.barodaventures.com). He was basically active investing until 2004 and 2005, and then started getting much more involved in the non-profit space. We caught up with Peter earlier this week to get the background on Baroda, and to talk a little about the firm's investment goals. We're We're familiar with Baroda, but for our readers who haven't heard of