Tel Aviv, Israel
Went public 6/23/2000 at $7 apiece
Filing Range: 4 mil. shares @ $8 to $10
Shares Outstanding: 25.97 mil. shares
Underwriters: Lehman Brothers/Fidelity Capital Markets/CIBC
Cowen Securities Corp.
Company Counsel: Wilson Sonsini Goodrich & Rosati
Manager Counsel: Simpson Thacher & Bartlett
Auditor: Arthur Andersen & Co.
Develops Web-based scheduling and diagnostic tools for the service industry to improve response time and customer service quality, while maintaining a high level of resource utilization. The company’s product can be integrated with any customer support or service management system. The software can also provide scheduling of service personnel based on skills, locations or other customer specific rules.
Brentwood Venture Capital
Meritech Capital Partners
Worldview Technology Partners
Oak Investment Partners
Genesis Capital Inc.
Hambrecht & Quist Private Equity
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 04/11/1997 3 Early Stage 4400.0
2 11/21/1997 2 Later Stage N/A
3 03/21/1998 4 Later Stage 7500.0
4 07/01/1998 1 Later Stage 18.0
5 11/02/1998 5 Later Stage 6338.0
6 12/20/1999 1 Expansion 10824.0
(Data in $ Millions)
Total Revenues: $10.32
Net Loss: -12.96