Sunnyvale, Calif.
Went public 03/09/01 at $6 per share
Filing Range: 25 million shares at $6
Offering Size: $150 million
Post Offering Valuation: $439.54 million
Shares Outstanding: 67.9 million shares
Underwriters: Goldman, Sachs & Co./Morgan Stanley/Thomas Weisel Partners/Epoch Capital Corp.
Company Counsel: Wilson Sonsini Goodrich & Rosati
Manager Counsel: Simpson Thacher & Bartlett
Auditor: Ernst & Young LLP
The Company:
Provides software infrastructure services for outsourced Internet operations. The company offers hosting, managed services and technology designed to automate the operations environment, providing customers with reliability, efficiency and performance in a single solution.
Venture Backers:
Benchmark Capital
Charter Growth Capital
Integral Capital Partners
Amerindo Investment Advisors Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 11/01/1999 2 Early Stage 2250.0
2 01/01/2000 2 Early Stage 21000.0
3 06/23/2000 7 Expansion 120000.0
Financials:
(Data in $ millions except EPS)
Nine Months Ended
(10/31/00)
Total Revenues: $6.6
Net Income: (107.6)
EPS: ($502.78)