Clearstone Venture Partners
Clearstone Venture Partners is a technology-focused venture capital firm founded in 1998 and headquartered in Santa Monica, California, with additional offices in Palo Alto. It provides seed, early-stage, growth, and incubation capital, often acting as the lead investor and taking a board seat to support portfolio companies through multiple financing rounds. The firm targets software, consumer technology, and enterprise infrastructure sectors, including enterprise software, open source, data center virtualization, security, communications, wireless, semiconductors, and related services, as well as mobile applications and social networking intersecting with commerce. It seeks companies across the United States and India, with typical investment checks ranging from about $1 million to $15 million and working-capital support of 18 to 24 months between rounds. Clearstone has backed a range of notable technology companies in its early stages and manages hundreds of millions in committed capital, reflecting a track record of enabling growth for technology ventures.
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Past deals in Costa Rica
PeopleSupport
Venture Round in 2000
PeopleSupport is a global business process outsourcing provider that delivers customer management, transcription and captioning, and related BPO services through centers in the Philippines, Costa Rica, and the United States. It handles inbound customer service and support inquiries across industries such as travel, financial services, telecommunications, technology, healthcare, insurance, and media, addressing account billing changes, service modifications, reservations, orders, complaints, and general inquiries, and it processes transactions and collects receivables. The company offers real-time and offline transcription and captioning for healthcare, insurance, entertainment, education, and law enforcement sectors, alongside additional capabilities including credit and mortgage processing, title searches, data verification, product and fraud detection, refunds and warranties administration, and preparations for serving legal papers. Clients are primarily U.S.-based. Founded in 1998 and headquartered in Los Angeles, PeopleSupport provides outsourcing services to support customer-facing and back-office operations.
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