Tech Company Financing Transactions

CLEAR Funding Round

CLEAR, operating out of New York, secured $44.4 million from Spark Capital, Baker Capital and Lehman Brothers Venture Partners.

Transaction Overview

Company Name
CLEAR
Announced On
8/20/2008
Transaction Type
Venture Equity
Amount
$44,400,000
Round
Undisclosed
Investors

Spark Capital (Lead Investor) (Dennis Miller)

Baker Capital

Lehman Brothers Venture Partners

Syncom Venture Partners (Terry Jones)

Proceeds Purpose
Clear will use the financing to further its membership growth in its existing markets and will also expand its signature fast lanes this fall and beyond with airport installations expected in new major markets across the country.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
650 5th Ave. 12th Floor
New York, NY 10019
USA
Phone
Undisclosed
Website
www.clearme.com
Email Address
Not Recorded
Overview
CLEAR is the fast pass for airport security. CLEAR members are pre-screened and provided with a high-tech card which allows them to access designated airport security fast lanes nationwide. CLEAR members pass through airport security faster, with more predictability and less hassle.
Profile
CLEAR LinkedIn Company Profile
Social Media
CLEAR Company Twitter Account
Company News
CLEAR News
Facebook
CLEAR on Facebook
YouTube
CLEAR on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Caryn Seidman-Becker
  Caryn Seidman-Becker LinkedIn Profile  Caryn Seidman-Becker Twitter Account  Caryn Seidman-Becker News  Caryn Seidman-Becker on Facebook
Chief Information Officer
Rick Patterson
  Rick Patterson LinkedIn Profile  Rick Patterson Twitter Account  Rick Patterson News  Rick Patterson on Facebook
Chief Technical Officer
CJ Jouhal
  CJ Jouhal LinkedIn Profile  CJ Jouhal Twitter Account  CJ Jouhal News  CJ Jouhal on Facebook
Executive Vice President
Catesby Perrin
  Catesby Perrin LinkedIn Profile  Catesby Perrin Twitter Account  Catesby Perrin News  Catesby Perrin on Facebook
President
Ken Cornick
  Ken Cornick LinkedIn Profile  Ken Cornick Twitter Account  Ken Cornick News  Ken Cornick on Facebook
VP - General Counsel
Matthew Levine
  Matthew Levine LinkedIn Profile  Matthew Levine Twitter Account  Matthew Levine News  Matthew Levine on Facebook
VP - Regulatory Affairs
Maria Comella
  Maria Comella LinkedIn Profile  Maria Comella Twitter Account  Maria Comella News  Maria Comella on Facebook

 

 

Browse more venture capital transactions:

Prev: 8/19/2008: BitWave venture capital transaction
Next: 8/20/2008: BioImagene venture capital transaction

 

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