Mountain View, Calif.
Went public 6/13/2000 at $9 apiece
Filing Range: 5 mil. shares @ $9 to $10
Shares Outstanding: 34.47 mil. shares
Underwriters: Lehman Brothers/Fidelity Capital Markets/UBS
Warburg/FleetBoston Corp./Bear, Stearns & Co. Inc.
Company Counsel: Cooley Godward LLP
Manager Counsel: Gibson Dunn & Crutcher
Auditor: Ernst & Young LLP
Develops and manufacturers proprietary products which it believes represent a fundamentally new generation of technology for surgery. This new generation of surgery, intuitive surgery, is believed by the company to represent an advance similar in scope to the previous two generations of surgery – open surgery and minimally invasive surgery. Intuitive overcomes many of the limitations of existing MIS surgery.
Morgan Stanley Dean Witter Capital Partners LLC
Number of Round Amt.
Round # Round Date Stage Investors( $ thousands)
1 12/13/1995 3 Early Stage 5000.0
2 01/28/1997 3 Expansion 30000.0
3 11/01/1997 3 Expansion 17000.0
4 07/29/1998 3 Later Stage 41000.0
5 03/01/2000 3 Later Stage 35310.0
(Data in $ millions)
Total Revenues: $10.19
Net Loss: -18.41