Redwood City, Calif.
Went public 9/26/2000 at $23 per share
Filing Range: 10.0 mil. shares @ $20 to $22
Shares Outstanding: 100.2 mil. shares
Underwriters: Goldman, Sachs & Co./Chase H&Q/Robertson
Stephens & Co./J.P. Morgan & Co. Inc.
Company Counsel: Wilson Sonsini Goodrich & Rosati
Manager Counsel: Sullivan & Cromwell
Auditor: Ernst & Young LLP
The Company:
Provides Internet Protocol services and delivery platforms. The company manages routers, equipment and other platforms that send signals across the Internet. The company has an application switching system that incorporates the functions of switches and routers with applications services including firewalls.
Venture Backers:
Crescendo Venture Management LLC
Worldview Technology Partners
Kleiner Perkins Caufield & Byers
Communications Ventures
Norwest Venture Partners
Technology Crossover Ventures
BCE Capital
Charter Growth Capital
Chase Capital Partners
Chase H&Q
Lucent Venture Partners Inc.
Charter Ventures
Goldman, Sachs & Co.
Vertex Management II Pte Ltd.
H&Q Investors
Venture Management Services Inc.
TeleSoft Partners
Anschutz Investment Co.
Tudor Investment Corp.
Amerindo Investment Advisors Inc.
Rader Reinfrank & Co. LLC
HarbourVest Partners LLC
Seaport Capital
Eagle Ventures Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 04/01/1998 1 Early Stage 3000.0
2 12/11/1998 13 Early Stage 9509.0
3 03/05/1999 15 Expansion 21980.0
4 09/16/1999 34 Later Stage 59999.8
5 05/04/2000 5 Later Stage 7147.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $0.0
Net Income: -37.7