Went public 7/20/2000 at $15 per share
Filing Range: 5.5 mil. shares @ $12 to $14
Shares Outstanding: 33.8 mil. shares
Underwriters: Credit Suisse First Boston/Deutsche Banc Alex. Brown/Lehman Brothers/US Bancorp Piper Jaffray
Company Counsel: Preston Gates & Ellis LLP
Manager Counsel: Davis Polk & Wardwell
Auditor: Ernst & Young LLP
Designs, manufactures and markets wireless local loop telecommunications and data communications equipment to address the last mile between a wired system and a subscriber. The company currently provides full 64kbps telephony, full basic rate ISDN, dedicated 128 kpbs data, supports multi-line applications and payphones, operates in several frequency bands, and offers a variety of interfaces to the public telephone network.
Oak Investment Partners
Meritech Capital Partners
Brentwood Venture Capital
Deutsche Bank AG
Weston Presidio Capital
Charles River Ventures
Sevin Rosen Management Co.
Hunt Financial Corporation
BCI Partners .
BancBoston Capital/BancBoston Ventures
SVM Star Ventures Management GmbH
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 01/26/1998 10 Expansion 30000.0
2 08/26/1998 10 Expansion 10000.0
3 11/04/1998 4 Expansion 30000.0
4 02/08/1999 1 Expansion 3725.0
5 11/15/1999 19 Expansion 50000.0
(Data in $ millions)
Total Revenues: $12.5
Net Income: -29.5