# Clearstone Venture Partners: portfolio, investments and team > Clearstone Venture Partners is a vc firm based in United States. 76 investments on record, latest May 2013. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/clearstone-venture-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Clearstone Venture Partners Last cheque observed May 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Seed Series A Series B Payment Lending Wealthtech Follow Clearstone Venture Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fclearstone-venture-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 76 on record Since the last cheque **4917** days **00** hrs **00** min **00** sec Median round **$8.1M** Rounds led **0 of 76** Sole investor **5 rounds** Exits **14 from the portfolio** Mostly in **United States, 95%** Pitch Clearstone Venture Partners ## Clearstone Venture Partners highlights - 01 76 rounds on record - 02 Mostly Series B and Series A: 52% of its rounds - 03 Sole investor in 5 rounds, median $4.5M - 04 14 exits from the portfolio ## What they do > the Clearstone team has been the early stage lead investor behind great tech companies From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Payment Lending Wealthtech - **Based in:** Santa Monica, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **76 appearances** - **2013** 2 rounds - **May** **[At The Pool](https://millionrounds.com/company/at-the-pool)** Seed · US · pandodaily.com **Undisclosed** With 3 others - **Mar** **[Games2Win](https://millionrounds.com/company/games2win)** Series C · IN · finsmes.com **$2.0M** With 1 other - **2012** 4 rounds - **Oct** **[Glossi, Inc](https://millionrounds.com/company/glossi-inc)** Seed · US **Undisclosed** With 3 others - **Aug** **[AOptix Technologies](https://millionrounds.com/company/aoptix-technologies)** Series E · US · venturebeat.com **$42M** With 5 others - **Jul** **[Openbucks](https://millionrounds.com/company/openbucks)** Series A · US · techcrunch.com **$4.8M** With 15 others - **Jul** **[Openbucks](https://millionrounds.com/company/openbucks)** Venture · US **$1.1M** With 7 others - **2011** 2 rounds - **May** **[Inporia](https://millionrounds.com/company/inporia)** Seed · US · techcrunch.com **$1.3M** With 8 others - **Mar** **[Games2Win](https://millionrounds.com/company/games2win)** Series B · IN · venturebeat.com **$6.0M** With 1 other - **2010** 6 rounds - **Nov** **[LeisureLink](https://millionrounds.com/company/leisurelink)** Series C · US · prweb.com **$9.0M** With 2 others - **Nov** **[Rubicon Project](https://millionrounds.com/company/rubicon-project)** Venture · US · businesswire.com **$18M** With 6 others - **Jun** **[Geodelic Systems](https://millionrounds.com/company/geodelic-systems)** Series B · US · techcrunch.com **$7.0M** With 2 others - **Jun** **[Soonr](https://millionrounds.com/company/soonr)** Series D · US · mobile.venturebeat.com **$4.5M** With 4 others - **May** **[Integrien](https://millionrounds.com/company/integrien)** Venture · US · techcrunchit.com **$8.0M** With 2 others - **Feb** **[DiVitas Networks](https://millionrounds.com/company/divitas-networks)** Venture · US **$430K** With 2 others - **2009** 12 rounds - **Nov** **[Mimosa Systems](https://millionrounds.com/company/mimosa-systems)** Debt · US · deals.venturebeat.com **$4.0M** With 6 others - **Nov** **[Six Degrees Games](https://millionrounds.com/company/six-degrees-games)** Series B · US · venturebeat.com **$7.0M** With 2 others - **Sept** **[Rubicon Project](https://millionrounds.com/company/rubicon-project)** Series C · US · paidcontent.org **$9.0M** With 2 others - **Aug** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series E · US · deals.venturebeat.com **$57M** With 6 others - **Jun** **[Ankeena Networks](https://millionrounds.com/company/ankeena-networks)** Series B · US · freshnews.com **$6.5M** With 2 others - **May** **[SupplyFrame](https://millionrounds.com/company/supplyframe)** Series C · US · paidcontent.org **$1.5M** With 1 other - **Apr** **[Kazeon](https://millionrounds.com/company/kazeon)** Series F · US · venturebeat.com **$10M** With 3 others - **Apr** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series E · US · venturebeat.com **$30M** With 7 others - **Apr** **[Rubicon Project](https://millionrounds.com/company/rubicon-project)** Series C · US · therubiconproject.com **$5.0M** With 2 others - **Mar** **[AOptix Technologies](https://millionrounds.com/company/aoptix-technologies)** Series D · US · venturebeat.com **$13M** With 5 others - **Mar** **[Apture](https://millionrounds.com/company/apture)** Series A · US · techcrunch.com **$4.1M** Sole investor - **Feb** **[Soonr](https://millionrounds.com/company/soonr)** Series C · US · venturebeat.com **$3.0M** With 3 others - **2008** 10 rounds - **Dec** **[Geodelic Systems](https://millionrounds.com/company/geodelic-systems)** Series A · US · news.prnewswire.com **$3.5M** With 1 other - **Aug** **[Nokeena Networks](https://millionrounds.com/company/nokeena-networks)** Series A **$8.7M** With 4 others - **Aug** **[Ankeena Networks](https://millionrounds.com/company/ankeena-networks)** Series A · US · venturebeat.com **$9.4M** With 1 other - **Jul** **[Six Degrees Games](https://millionrounds.com/company/six-degrees-games)** Series A · US · paidcontent.org **$7.0M** With 1 other - **May** **[Veodia](https://millionrounds.com/company/veodia)** Series A · US · news.yahoo.com **$8.3M** With 1 other - **Apr** **[DiVitas Networks](https://millionrounds.com/company/divitas-networks)** Venture · US · ipcommunications.tmcnet.com **$15M** With 3 others - **Apr** **[Mimosa Systems](https://millionrounds.com/company/mimosa-systems)** Series D · US · venturebeat.com **$17M** With 6 others - **Jan** **[Rubicon Project](https://millionrounds.com/company/rubicon-project)** Series B · US · sociableblog.com **$15M** With 4 others - **Jan** **[ThisNext](https://millionrounds.com/company/thisnext)** Series B · US · techcrunch.com **$5.0M** With 1 other - **Jan** **[Soonr](https://millionrounds.com/company/soonr)** Series B · US · techcrunch.com **$9.5M** With 2 others - **2007** 9 rounds - **Oct** **[Rubicon Project](https://millionrounds.com/company/rubicon-project)** Series A · US · techcrunch.com **$4.0M** Sole investor - **Sept** **[LeisureLink](https://millionrounds.com/company/leisurelink)** Series B · US · allbusiness.com **$8.1M** With 2 others - **Aug** **[SyncVoice Communications](https://millionrounds.com/company/syncvoice-communications)** Series B · US **$12M** With 2 others - **Aug** **[Communicado](https://millionrounds.com/company/communicado)** Series B · US · lightreading.com **$12M** With 2 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **5 named** DE **Dana Eileen Moraly** Chief Financial Officer i Form ADV JT **James T Armstrong** Managing Member i Form ADV SM **Sumant Mandal** Managing Member i Form ADV WE **William Edward Quigley** Managing Member i Form ADV WS **William Steven Elkus** Managing Member i Form ADV We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$359M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Clearstone Venture Management Services, L.L.C - **SEC number:** CRD 160259 Who backs their funds ## 1 LP on record in Clearstone Venture Partners's funds - **Committed:** $35M - **Funds:** 1 - **Vintages:** 2004 The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2025. - [**California State Teachers Retirement System** 1 fund *$35M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Clearstone Venture Partners III-A 2004 $35M ## Exits from the portfolio Companies it backed that were later bought or listed **14 in all** **[Soonr](https://millionrounds.com/company/soonr)** Bought by Autotask **Undisclosed** Jul 2015 **[Meru Networks](https://millionrounds.com/company/meru-networks)** Bought by [Fortinet](https://millionrounds.com/fund/fortinet) **$44M** May 2015 **[LeisureLink](https://millionrounds.com/company/leisurelink)** Bought by VacationRoost **Undisclosed** Mar 2014 **[Composite Software](https://millionrounds.com/company/composite-software)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **$180M** Jun 2013 **[Games2Win](https://millionrounds.com/company/games2win)** Bought by Backyard Game FactorRy **Undisclosed** Jun 2013 **[Apture](https://millionrounds.com/company/apture)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Nov 2011 **[Integrien](https://millionrounds.com/company/integrien)** Bought by [VMware](https://millionrounds.com/fund/vmware) **$100M** Aug 2010 **[Ankeena Networks](https://millionrounds.com/company/ankeena-networks)** Bought by [Juniper Networks](https://millionrounds.com/fund/juniper-networks) **Undisclosed** Apr 2010 **[Meru Networks](https://millionrounds.com/company/meru-networks)** Listed **Undisclosed** Mar 2010 **[Mimosa Systems](https://millionrounds.com/company/mimosa-systems)** Bought by [Iron Mountain](https://millionrounds.com/fund/iron-mountain) **$112M** Feb 2010 **[Kazeon](https://millionrounds.com/company/kazeon)** Bought by [EMC](https://millionrounds.com/fund/emc) **$150M** Sept 2009 **[Spock](https://millionrounds.com/company/spock)** Bought by Intelius **Undisclosed** Apr 2009 **[Aceva Technologies](https://millionrounds.com/company/aceva-technologies)** Bought by SunGard **Undisclosed** Feb 2007 **[Intersperse](https://millionrounds.com/company/intersperse)** Bought by Tidal Software **Undisclosed** Jul 2006 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$8.1M** the round, not its cheque Alone, median **$4.5M** Led 0 of 76 rounds **0%** - **Sole investor:** 5 rounds - **Last cheque:** May 2013 - **Exits:** 14 from the portfolio Rounds by stage said on their site - Series B said *20* - Series A said *17* - Venture *14* - Series C *10* - Series D *6* - Series E *4* - Seed said *-* Cheques by year Led Joined 2001 2013 Often in the room with - [Mayfield Fund](https://millionrounds.com/fund/mayfield) 8 - [Evercore Partners](https://millionrounds.com/fund/evercore-partners) 7 - [BlueStream Ventures](https://millionrounds.com/fund/bluestream-ventures) 6 - [Dot Edu Ventures](https://millionrounds.com/fund/dot-edu-ventures) 6 - [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 5 - [Monitor Ventures](https://millionrounds.com/fund/monitor-ventures) 5 **Pitching Clearstone Venture Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Clearstone Venture Partners. A count of rooms they were both in, not a relationship either has claimed. [**Mayfield Fund** VC firm **8** rounds together](https://millionrounds.com/fund/mayfield)[**Evercore Partners** Investment bank **7** rounds together](https://millionrounds.com/fund/evercore-partners)[**BlueStream Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/bluestream-ventures)[**Dot Edu Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/dot-edu-ventures)[**Kleiner Perkins Caufield & Byers** VC firm **5** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Monitor Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/monitor-ventures)[**NeoCarta Ventures** Growth equity **5** rounds together](https://millionrounds.com/fund/neocarta-ventures)[**SVB Capital** VC firm **5** rounds together](https://millionrounds.com/fund/svb-capital)[**Anthem Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/anthem-ventures-fund-lp)[**August Capital** VC firm **4** rounds together](https://millionrounds.com/fund/august-capital)[**D.E. Shaw & Co.** Growth equity **4** rounds together](https://millionrounds.com/fund/d-e-shaw-and-co-2)[**Icon Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/icon-ventures) ## Quick answers about Clearstone Venture Partners ### What does Clearstone Venture Partners invest in? Clearstone Venture Partners invests most often at Series B and Series A (52% of the rounds on record), in sectors such as Payment, Lending and Wealthtech. ### How active is Clearstone Venture Partners? 76 investments on record, 0 of them in the last 12 months. The most recent was in May 2013. ### How big are Clearstone Venture Partners's cheques? The median round it joins is $8.1M. ### Does Clearstone Venture Partners lead rounds? Rarely, if at all: none of its 76 investments on record names it as the lead. ### Where does Clearstone Venture Partners invest? Most of the companies it backs are in the United States (95%) and India (5%). ### Is Clearstone Venture Partners investing now? No investments in the last 12 months; the latest was in May 2013. ### Who does Clearstone Venture Partners invest alongside? Most often Mayfield Fund (8 rounds together), Evercore Partners (7 rounds together) and BlueStream Ventures (6 rounds together). ### What kind of investor is Clearstone Venture Partners? Clearstone Venture Partners is a VC firm based in Santa Monica, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=clearstone-venture-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=clearstone-venture-partners)