Research Triangle Park, N.C.
Went Public 5/5/300 at $7 apiece
Filing Range: 6 mil. shares @ $7 to $8
Shares Outstanding: 24.96 mil. shares
Underwriters: Chase H&Q
Pacific Growth Equities Inc./Stephens Inc./
JP Morgan & Co. Inc.
Company Counsel:Mintz Levin Cohn Ferris & Glovsky
Manager Counsel: Morgan Lewis & Bockius
Auditor: PricewaterhouseCoopers
The Company:
Develops functional genomics technologies focusing on agriculture by combining genomics with computer science.
Venture Backers:
Polaris Venture Partners
Intersouth Partners
Burrill & Co.
Innotech Ltd.
Kleiner Perkins Caufield & Byers
Williams Communications Group
Financing Rounds
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 04/25/1997 2 Early Stage $1250.0
2 04/29/1998 4 Expansion 6600.0
3 05/28/1999 4 Later Stage 11667.0
4 03/01/2000 6 Expansion 28525.2
FINANCIALS
(Data in $ millions)
3 MOS.
03/31/00
Total Revenues: $19.3
Net Loss: -8.2