Mountain View, Calif.
Went public 6/21/2000 at $20 apiece
Filing Range: 10 mil. shares @ $17 to $19
Shares Outstanding: 125.25 mil. shares
Underwriters: Credit Suisse First Boston/US Bancorp Piper
Jaffray/Merrill Lynch & Co. Inc./Donaldson, Lufkin &
Jenrette
Company Counsel: Fenwick & West LLP
Manager Counsel: Davis Polk & Wardwell
Auditor: PricewaterhouseCoopers
The Company:
Designs next generation personal digital assistants (PDA). The company licenses 3Com’s Palm operating system and will design, build and market new devices based on that OS and extensions. It develops, manufactures and markets a family of expandable handheld computers for a broad range of markets and customers.
Venture Backers:
Kleiner Perkins Caufield & Byers
Benchmark Capital
QUALCOMM Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 10/01/1998 2 Early Stage 18000.0
2 07/01/1999 3 Expansion 10000.0
Financials:
(Data in $ millions)
9 MOS.
4/1/00
Total Revenues: $50.11
Net Loss: -40.76