Went public 6/30/2000 at $27 apiece
Filing Range: 9 mil. shares @ $23 to $25
Shares Outstanding: 88.5 mil. shares
Underwriters: Goldman, Sachs & Co./Wit Soundview Group
First Boston/Thomas Weisel Partners LLC
Company Counsel: Hale & Dorr LLP
Manager Counsel: Ropes & Gray
Auditor: Ernst & Young LLP
Provides enterprise data storage outsourcing services to corporations as an alternative to purchasing and managing their own storage systems. The company establishes data repositories in key cities, making it convenient for large companies to outsource their data storage needs.
Goldman, Sachs & Co.
Van Wagoner Capital Management
Global Crossing Ventures
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 12/01/1998 2 Early Stage 10000.0
2 07/14/1999 5 Expansion 50000.0
3 01/27/2000 8 Expansion 103000.1
(Data in $ millions)
Total Revenues: $6.25
Net Loss: -23.9