MENLO PARK, CALIF. -- Venture capital firm Clearstone Venture Partners said
it named Vish Mishra as venture partner.
Mr. Mishra formerly served as founder and board member of Telera, a voice
Web infrastructure company that was funded by Accel Partners and Sequoia
Capital, and is now part of Alcatel. Mr. Mishra also formerly served as
CEO of MindWorks, IntelliMatch, and Ace Software.
At Clearstone, Mr. Mishra will be working on communications and software
investments, including wireless semiconductor firms and security infrastructure
companies. Mr. Mishra will invest out of the company's current $350 million
fund. The company plans on making another dozen or so investments out
of the fund before raising another.
Mr. Mishra joins Leonid Kazovsky as venture partner. Other investment
professionals include managing directors Bill Elkus, James Armstrong,
William Quigley, and Erik Lassila.
Clearstone Venture Partners has $450 million under management. The firm's
investors include CalPERS, Goldman Sachs, HarbourVest, Horsley Bridge,
JPMorgan, Merrill Lynch, the Massachusetts Institute of Technology, and
the state of Michigan.