San Carlos, Calif.
Went public 7/21/2000 at $14 per share
Filing Range: 10 mil. shares @ $11 to $13
Shares Outstanding: 49.03 mil. shares
Underwriters: Goldman, Sachs & Co./ Merrill Lynch & Co. Inc./
Robertson Stephens/Epoch Capital Corp.
Company Counsel: Wilson Sonsini Goodrich & Rosati
Manager Counsel: Sullivan & Cromwell
Auditor: KPMG LLP
Operates as an application service provider (ASP), offering high-growth companies outsourced, end-to-end enterprise application services over the Internet. The company delivers application enterprise and management solutions to mid-market companies. Corio enables e-business by offering integrated applications solutions over a secure network for a monthly fee. Customers gain the benefits of a comprehensive e-business infrastructure without bringing the associated costs, complexity and IT challenges in house.
Norwest Venture Partners
Kleiner Perkins Caufield & Byers
Charter Growth Capital
Sun Microsystems Inc.
Integral Capital Partners
Concentric Network Corporation
Crosspoint Venture Partners
Softbank Venture Capital
Amerindo Investment Advisors Inc.
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 09/04/1998 1 Early Stage 1796.0
2 05/24/1999 6 Expansion 21000.0
3 11/10/1999 9 Expansion 29999.8
4 01/01/2000 2 Expansion 10999.0
5 04/20/2000 2 Expansion 54500.0
(Data in $ millions)
Total Revenues: $5.8
Net Income: -45.0