Irvine, Calif.
Went public 6/2/2000 at $10 apiece
Filing Range: 6 mil. shares @ $10 to $12
Shares Outstanding: 84.5 mil. shares
Underwriters: Merrill Lynch & Co. Inc./Bear, Stearns & Co. Inc./
FleetBoston Corp./Salomon Smith Barney
Company Counsel: Brobeck Phleger & Harrison LLP
Manager Counsel: Latham & Watkins
Auditor: Arthur Andersen & Co.
The Company:
Provides Web enabled office management tools. It also provides human resources and back-office process management services via the Internet.
Venture Backers:
Mellon Ventures
Goldman, Sachs & Co.
Hillman Ventures Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors( $ thousands)
1 02/23/2000 4 Expansion 60000.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $4.85
Net Loss: -15.0