Went public 5/18/2000 at $10 apiece
Filing Range: 11 mil. shares @ $9 to $11
Shares Outstanding:106 mil. shares
Underwriters: Morgan Stanley Dean Witter
FleetBoston Corp./JP Morgan & Co. Inc./
Bear Stearns & Co. Inc.
Company Counsel:Wilson Sonsini Goodrich & Rosati
Manager Counsel:Davis Polk & Wardwell
Provides a satellite based network of distributed servers to efficiently deliver high volume Internet traffic. The iBeam network service is designed to deliver broadband multimedia applications and services for independent content providers and corporate customers.
Crosspoint Venture Partners
Media Technology Ventures
Liberty Media Group
Crescendo Venture Management LLC
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 05/01/1998 2 Early Stage $1600.0
2 06/08/1998 4 Early Stage 5300.0
3 02/03/1999 7 Early Stage 12305.0
4 10/29/1999 9 Expansion 42000.0
(Data in $ millions)
Total Revenues: $0.7
Net Loss: -84.6