Acton, Mass.

Went public 3/31/2000 at $34 apiece

Filing Range:5 mil. shares @ $15 to $17

Shares Outstanding:34.2 mil. shares

Underwriters:Goldman Sachs

Deutsche Banc Alex. Brown/J.P. Morgan


(Data in $ millions)


12/98 12/99

Total Revenue $.2 $12.38

Net Loss -9.45 -12.61

The Company:

Founded in April 1997, ArrowPoint Communications develops Web switches that enable its customers to deploy a global Web network for e-commerce and content delivery. ArrowPoint’s switches route requests for content or transactions to the server most capable of handling that request at that moment based on the request, and the structure and changing conditions of the customer’s Web network. ArrowPoint switches can identify hot content, such as a breaking news story, and automatically trigger the copying of that content to dynamically add capacity to handle the requests for that content; redirect requests for content or applications unavailable due to a Web site failure to another Web site or server which has the requested information; protects against attempts by computer hackers to disable servers or keep servers busy performing useless tasks without significantly impairing performance; tracks statistics about the performance of the network, servers, applications and content. Customers include Web hosting and application service providers, e-commerce companies, Internet service providers and other enterprises deploying applications on the Web. As of Dec. 31, 1999, more than 100 companies had deployed ArrowPoint switches in their Web networks, inlcuding EMC, Exodus Communications, Global Crossing, NaviSite and Road Runner.


Estimated net proceeds of $73.5 million will used to fund operations, expand marketing and product development programs, and for working capital.

Venture Backers:

Matrix Partners, North Bridge Venture Partners, Accel Partners

Board Members:

Chin-Cheng Wu

Louis Volpe

Edward Anderson

James Dolce

Paul Ferri