<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>clarus_13ga1-123104.txt
<DESCRIPTION>DECEMBER 31, 2004
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                               CLARUS CORPORATION
                               ------------------
                                 Name of Issuer)

                    Common Stock, $.0001 Par Value Per Share
                    ----------------------------------------
                         (Title of Class of Securities)

                                    182707109
                                    ---------
                                 (CUSIP Number)

                                December 31, 2004
                                -----------------
                      (Date of Event which Requires Filing
                               of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

                                [ ] Rule 13d-1(b)
                                [X] Rule 13d-1(c)
                                [ ] Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

                       Continued on the following page(s)
                               Page 1 of 10 Pages



<PAGE>


                                  SCHEDULE 13G

CUSIP No.: 182707109                                          Page 2 of 10 Pages


1        Name of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  WHITE ROCK CAPITAL MANAGEMENT, L.P.

2        Check the Appropriate Box if a Member of a Group (See Instructions)
                                               a.  [ ]
                                               b.  [X]
3        SEC Use Only

4        Citizenship or Place of Organization

                    TEXAS

                                5        Sole Voting Power
            Number of
              Shares                             0
           Beneficially
             Owned By           6        Shared Voting Power
               Each
            Reporting                            931,500
              Person
               With             7        Sole Dispositive Power

                                                 0

                                8        Shared Dispositive Power

                                                 931,500

9        Aggregate Amount of Beneficially Owned by Each Reporting Person

                            931,500

10       Check if the Aggregate Amount in Row (9) Excludes Certain Shares
         (See Instructions)

                            [X]

11       Percent of Class Represented By Amount in Row (9)

                            5.6%

12       Type of Reporting Person (See Instructions)

                            PN; IA


<PAGE>


                                  SCHEDULE 13G

CUSIP No.: 182707109                                          Page 3 of 10 Pages


1        Name of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  WHITE ROCK CAPITAL (TX), INC.

2        Check the Appropriate Box if a Member of a Group (See Instructions)
                                               a.  [ ]
                                               b.  [X]
3        SEC Use Only

4        Citizenship or Place of Organization

                    TEXAS

                                5        Sole Voting Power
            Number of
              Shares                             0
           Beneficially
             Owned By           6        Shared Voting Power
               Each
            Reporting                            931,500
              Person
               With             7        Sole Dispositive Power

                                                 0

                                8        Shared Dispositive Power

                                                 931,500

9        Aggregate Amount of Beneficially Owned by Each Reporting Person

                            931,500

10       Check if the Aggregate Amount in Row (9) Excludes Certain Shares
         (See Instructions)

                            [X]

11       Percent of Class Represented By Amount in Row (9)

                            5.6%

12       Type of Reporting Person (See Instructions)

                            CO; IA


<PAGE>


                                  SCHEDULE 13G

CUSIP No.: 182707109                                          Page 4 of 10 Pages


1        Name of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  THOMAS U. BARTON

2        Check the Appropriate Box if a Member of a Group (See Instructions)
                                               a.  [ ]
                                               b.  [X]
3        SEC Use Only

4        Citizenship or Place of Organization

                    UNITED STATES

                                5        Sole Voting Power
            Number of
              Shares                             34,500
           Beneficially
             Owned By           6        Shared Voting Power
               Each
            Reporting                            931,500
              Person
               With             7        Sole Dispositive Power

                                                 34,500

                                8        Shared Dispositive Power

                                                 931,500

9        Aggregate Amount of Beneficially Owned by Each Reporting Person

                            966,000

10       Check if the Aggregate Amount in Row (9) Excludes Certain Shares
         (See Instructions)

                            [X]

11       Percent of Class Represented By Amount in Row (9)

                            5.6%

12       Type of Reporting Person (See Instructions)

                            CO; IA


<PAGE>


                                  SCHEDULE 13G

CUSIP No.: 182707109                                          Page 5 of 10 Pages


1        Name of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  JOSEPH U. BARTON

2        Check the Appropriate Box if a Member of a Group (See Instructions)
                                               a.  [ ]
                                               b.  [X]
3        SEC Use Only

4        Citizenship or Place of Organization

                    UNITED STATES

                                5        Sole Voting Power
            Number of
              Shares                             56,000
           Beneficially
             Owned By           6        Shared Voting Power
               Each
            Reporting                            931,500
              Person
               With             7        Sole Dispositive Power

                                                 56,000

                                8        Shared Dispositive Power

                                                 931,500

9        Aggregate Amount of Beneficially Owned by Each Reporting Person

                            987,500

10       Check if the Aggregate Amount in Row (9) Excludes Certain Shares
         (See Instructions)

                            [X]

11       Percent of Class Represented By Amount in Row (9)

                            6.0%

12       Type of Reporting Person (See Instructions)

                            CO; IA


<PAGE>


                                                              Page 6 of 10 Pages


Item 1(a)         Name of Issuer:

                  Clarus Corporation (the "Issuer").

Item 1(b)         Address of the Issuer's Principal Executive Offices:

                  One Landmark Square, 22nd Floor, Stamford, Greenwich, CT.
                  06901.

Item 2(a)         Name of Person Filing:

                  This  statement  is filed on behalf  of each of the  following
persons (collectively, the "Reporting Persons"):

                  (i)    White Rock Capital  Management,  L.P., a Texas  limited
                         partnership ("White Rock Management"),

                  (ii)   White Rock  Capital  (TX),  Inc.,  a Texas  corporation
                         ("White Rock, Inc."),

                  (iii)  Thomas U. Barton and

                  (iv)   Joseph U. Barton.

                  This statement  relates to Shares held for the accounts of (i)
certain   institutional  clients  (the  "White  Rock  Clients")  of  White  Rock
Management,  (ii) White Rock Capital Partners, L.P., a Texas limited partnership
("White Rock  Partners"),  (iii) certain family limited  partnerships and family
trusts for which Thomas U. Barton  serves as a member of the general  partner or
as trustee (the "Thomas U. Barton  Entities"),  and (iv) certain  family limited
partnerships  and family trusts for which Joseph U. Barton serves as a member of
the general partner or as trustee (the "Joseph U. Barton Entities").  White Rock
Management may be deemed to exercise  voting and/or  dispositive  power over the
Shares held for the accounts of the White Rock Clients.  The general  partner of
White Rock Partners is White Rock  Management,  the general  partner of which is
White Rock, Inc.  Thomas U. Barton and Joseph U. Barton are the  shareholders of
White  Rock,  Inc.  In such  capacities,  each of Thomas U. Barton and Joseph U.
Barton  may be  deemed to be the  beneficial  owner of the  Shares  held for the
accounts of the White Rock Clients and White Rock Partners. In his capacities as
a member of the general partner or as trustee, Thomas U. Barton may be deemed to
be the  beneficial  owner of the Shares  held for the  accounts of the Thomas U.
Barton  Entities.  In his  capacities  as a member of the general  partner or as
trustee, Joseph U. Barton may be deemed to be the beneficial owner of the Shares
held for the accounts of the Joseph U. Barton Entities.

Item 2(b)         Address of Principal Business Office or, if None, Residence:

                  The address  and  principal  business  office of each of White
Rock Management, White Rock, Inc., Thomas U. Barton and Joseph U. Barton is 3131
Turtle Creek Boulevard, Suite 800, Dallas, Texas 75219.


<PAGE>


                                                              Page 7 of 10 Pages

Item 2(c)         Citizenship:

                  (i)    White Rock Management is a Texas limited partnership;

                  (ii)   White Rock, Inc. is a Texas corporation;

                  (iii)  Thomas U. Barton is a United States citizen and

                  (iv)   Joseph U. Barton is a United States citizen.

Item 2(d)         Title of Class of Securities:

                  Common Stock, $.0001 par value per share (the "Shares").

Item 2(e)         CUSIP Number:

                  182707109

Item 3.           If this statement is filed pursuant to ss.ss. 240.13d-1(b)
                  or 240.13d-2(b) or (c), check whether the person filing is a:

                  This Item 3 is not applicable.

Item 4.           Ownership:

Item 4(a)         Amount Beneficially Owned:

                  As of December 31, 2004, each of the Reporting  Persons may be
deemed to be the beneficial owner of the following number of Shares:

                  (i) Each of White Rock  Management and White Rock, Inc. may be
deemed the  beneficial  owner of 931,500  Shares.  This  number  consists of (1)
228,000  Shares held for the  accounts of the White Rock Clients and (2) 703,500
Shares held for the account of White Rock Partners.

                  (ii)  Thomas U. Barton may be deemed the  beneficial  owner of
966,000 Shares. This number consists of (1) 228,000 Shares held for the accounts
of the White Rock Clients, (2) 703,500 Shares held for the account of White Rock
Partners,  and (3) 34,500  Shares held for the  accounts of the Thomas U. Barton
Entities.

                  (iii) Joseph U. Barton may be deemed the  beneficial  owner of
987,500 Shares. This number consists of (1) 228,000 Shares held for the accounts
of the White Rock Clients, (2) 703,500 Shares held for the account of White Rock
Partners,  and (3) 56,000  Shares held for the  accounts of the Joseph U. Barton
Entities.

Item 4(b)         Percent of Class:

                  (i)  The  number  of  Shares  of  which  each  of  White  Rock
Management  and  White  Rock,  Inc.  may be deemed  to be the  beneficial  owner
constitutes  approximately 5.6% of the total number of Shares outstanding (based
upon  information  provided by the Issuer in its most recent quarterly report on
Form 10-Q,  there were  16,588,240  Shares  outstanding as of November 1, 2004.)


<PAGE>


                                                              Page 8 of 10 Pages


                  (ii) The  number of Shares of which  Thomas U.  Barton  may be
deemed to be the beneficial owner  constitutes  approximately  5.8% of the total
number of Shares outstanding as described herein.

                  (iii) The  number of Shares of which  Joseph U.  Barton may be
deemed to be the beneficial owner  constitutes  approximately  6.0% of the total
number of Shares outstanding as described herein.

Item 4(c)         Number of shares as to which the person has:

White Rock Management
---------------------

(i)      Sole power to vote or to direct the vote:                             0

(ii)     Shared power to vote or to direct the vote:                     931,500

(iii)    Sole power to dispose or to direct the disposition of:                0

(iv)     Shared power to dispose or to direct the disposition of:        931,500

White Rock, Inc.
----------------

(i)      Sole power to vote or to direct the vote:                             0

(ii)     Shared power to vote or to direct the vote:                     931,500

(iii)    Sole power to dispose or to direct the disposition of:                0

(iv)     Shared power to dispose or to direct the disposition of:        931,500

Thomas U. Barton
----------------

(i)      Sole power to vote or to direct the vote:                        34,500

(ii)     Shared power to vote or to direct the vote:                     931,500

(iii)    Sole power to dispose or to direct the disposition of:           34,500

(iv)     Shared power to dispose or to direct the disposition of:        931,500

Joseph U. Barton
----------------

(i)      Sole power to vote or to direct the vote:                        56,000

(ii)     Shared power to vote or to direct the vote:                     931,500

(iii)    Sole power to dispose or to direct the disposition of:           56,000

(iv)     Shared power to dispose or to direct the disposition of:        931,500

Item 5.           Ownership of Five Percent or Less of a Class:

                  This Item 5 is not applicable.


<PAGE>


                                                              Page 9 of 10 Pages


Item 6.           Ownership of More than Five Percent on Behalf of Another
                  Person:

                  (i) The  partners  of White  Rock  Partners  have the right to
participate in the receipt of dividends  from, or proceeds from the sale of, the
Shares  held by  White  Rock  Partners  in  accordance  with  their  partnership
interests in White Rock Partners.

                  (ii) The  shareholders  or  partners of each of the White Rock
Clients  have the right to  participate  in the receipt of  dividends  from,  or
proceeds from the sale of, the Shares held by the  respective  White Rock Client
in accordance  with their  partnership or ownership  interests in the respective
White Rock Client.

                  (iii) The partners and  beneficiaries  of the Thomas U. Barton
Entities,  including  Thomas U.  Barton,  have the right to  participate  in the
receipt of dividends from, or proceeds from the sale of, the securities held for
the accounts of the Thomas U. Barton Entities.

                  (iv) The  partners and  beneficiaries  of the Joseph U. Barton
Entities,  including  Joseph U.  Barton,  have the right to  participate  in the
receipt of dividends from, or proceeds from the sale of, the securities held for
the accounts of the Joseph U. Barton Entities.

                  White Rock Partners expressly disclaims  beneficial  ownership
of any Shares held for the account of the White Rock  Clients,  and the accounts
of each of the Thomas U. Barton Entities and the Joseph U. Barton Entities.  The
White Rock Clients expressly  disclaim  beneficial  ownership of any Shares held
for the account of White Rock  Partners,  the  accounts of each of the Thomas U.
Barton Entities and the Joseph U. Barton Entities. Each of White Rock Management
and White Rock, Inc. expressly disclaims beneficial ownership of any Shares held
for the  accounts  of each of the Thomas U.  Barton  Entities  and the Joseph U.
Barton  Entities.  Each of Thomas U.  Barton and the Thomas U.  Barton  Entities
expressly disclaims  beneficial ownership of any Shares held for the accounts of
the Joseph U. Barton Entities. Each of Joseph U. Barton and the Joseph U. Barton
Entities  expressly  disclaims  beneficial  ownership of any Shares held for the
accounts of the Thomas U. Barton Entities.

Item 7.           Identification  and  Classification  of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent Holding
                  Company:

                  This Item 7 is not applicable.

Item 8.           Identification and Classification of Members of the Group:

                  This Item 8 is not applicable.

Item 9.           Notice of Dissolution of Group:

                  This Item 9 is not applicable.

Item 10.          Certification:

                  By signing below each signatory certifies that, to the best of
his/its knowledge and belief, the securities referred to above were not acquired
and  are  not  held  for the  purpose  of or with  the  effect  of  changing  or
influencing  the control of the Issuer of the  securities  and were not acquired
and are not  held in  connection  with or as a  participant  in any  transaction
having that purpose or effect.


<PAGE>


                                                             Page 10 of 10 Pages


                                   SIGNATURES

                  After  reasonable  inquiry and to the best of my knowledge and
belief,  the  undersigned  certifies  that  the  information  set  forth in this
statement is true, complete and correct.

Date:  February 14, 2005            WHITE ROCK CAPITAL MANAGEMENT, L.P.

                                    By:   White Rock Capital (TX), Inc.
                                          Its General Partner




                                          By:   /s/Paula Storey
                                                --------------------------------
                                                Paula Storey
                                                Attorney-in-Fact

Date:  February 14, 2005            WHITE ROCK CAPITAL (TX), INC.

                                    By:   /s/Paula Storey
                                          --------------------------------------
                                          Paula Storey
                                          Attorney-in-Fact

Date:  February 14, 2005            THOMAS U. BARTON

                                    By:   /s/Paula Storey
                                          --------------------------------------
                                          Paula Storey
                                          Attorney-in-Fact

Date:  February 14, 2005            JOSEPH U. BARTON

                                    By:   /s/Paula Storey
                                          --------------------------------------
                                          Paula Storey
                                          Attorney-in-Fact

</TEXT>
</DOCUMENT>
