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

The Company:

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.

Venture Backers:


Norwest Venture Partners

Kleiner Perkins Caufield & Byers

PeopleSoft Inc.


Charter Growth Capital

Lehman Brothers

Sun Microsystems Inc.

Integral Capital Partners

Concentric Network Corporation

Crosspoint Venture Partners

Softbank Venture Capital

Amerindo Investment Advisors Inc.

Financing Rounds:

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