Louisville, Colo.
Went public 7/25/2000 at $8 per share
Filing Range: 7 mil. shares @ $8 to $10
Shares Outstanding: 46.7 mil. shares
Underwriters: Salomon Smith Barney/Robertson Stephens/
Thomas Weisel Partners LLC/CIBC World Markets
Company Counsel: Cooley Godward LLP
Manager Counsel: Cravath, Swaine & Moore
Auditor: KPMG LLP
The Company:
Manages and delivers audio/video content over the Internet. The company supports its customers through two primary services: video-on-demand by way of the Internet, a dial-in PPP connection, and Video Codec; and live simulcast via the Internet.
Venture Backers:
Centennial Ventures
Softbank Venture Capital
GE Capital Equity Capital Group
Matsushita Electric Corp. of America
Panasonic Ventures
Excite@Home
Intel Corp.
Nexus Group LLC
Pequot Capital Management Inc.
Viventures Inc.
Highland Capital Partners
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 09/01/1997 2 Early Stage 1000.0
2 11/11/1997 2 Early Stage 1000.0
3 06/05/1998 4 Early Stage 10400.0
4 11/18/1999 12 Expansion 99999.8
5 12/15/1999 1 Expansion 7976.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $2.2
Net Income: -10.9