San Mateo, Calif.
Went public 9/27/2000 at $12 per share
Filing Range: 5.5 mil. shares @ $9 to $11
Shares Outstanding: 33.3 mil. shares
Underwriters: Credit Suisse First Boston/Merrill Lynch & Co. Inc./
CIBC World Markets
Company Counsel: Perkins Coie
Manager Counsel: Skadden, Arps, Slate, Meagher & Flom
Auditor: Ernst & Young LLP
The Company:
Manages mobile information. The company’s products enable users to access applications on a corporate intranet or information on the Internet. The company builds and downloads software on devices like cell phones, two-way pagers and palm pilots.
Venture Backers:
21st Century Internet Management Partners LLC
Granite Ventures LLC
American Express
Fayez Sarofim
Ford Motor Co.
Goldman, Sachs & Co.
McKesson Corp.
Chase H&Q
Microsoft Corp.
3Com Corp.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 10/14/1997 1 Early Stage 1350.0
2 05/26/1998 3 Expansion 3500.1
3 01/01/1999 3 Expansion 5000.1
4 06/29/1999 6 Later Stage 14700.0
5 04/17/2000 10 Later Stage 31149.8
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $2.9
Net Income: -9.2