Clearstone Venture Partners is an early stage

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

firm focused on IT investing with offices in

Santa Monica, CA Santa Monica (; Spanish: ''Santa Mónica'') is a city in Los Angeles County, situated along Santa Monica Bay on California's South Coast. Santa Monica's 2020 U.S. Census population was 93,076. Santa Monica is a popular resort town, owing to ...

Palo Alto, CA Palo Alto (; Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a coastal redwood tree known as El Palo Alto. The city was estab ...

, and

Mumbai, India Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...

. Founded in 1997, as

Idealab Idealab (formerly known as idealab!) is a startup studio based in Pasadena, California, U.S.A. History Idealab was founded by Bill T. Gross (not to be confused with the founder of PIMCO, Bill H. Gross) in March 1996. Prior to Idealab, Gross founde ...

Capital Partners, Clearstone is responsible for the early-stage funding of many successful startups including

PayPal PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper ...

(IPO, acquired by eBay), Overture.com (IPO, acquired by Yahoo), Internet Brands/CarsDirect (NASDAQ: INET), NetZero/United Online (NASDAQ: UNTD), MP3.com (IPO, acquired by Vivendi), Meru Networks (NASDAQ: MERU), Integrien (acquired by VMware), Ankeena (acquired by Juniper), Kazeon Systems (Acquired by EMC) and Mimosa Systems (acquired by Iron Mountain).

Managing Directors

*Bill Elkus, Founder *Jim Armstrong *William Quigley *Sumant Mandal *Erik Lassila

References

External links

Clearstone Venture Partners

Financial services companies established in 1997 Venture capital firms of the United States {{US-private-equity-company-stub