Cambridge, Mass.
Went public 7/27/2000 at $12 per share
Filing Range: 4 mil. shares @ $10 to $12
Shares Outstanding: 18.1 mil. shares
Underwriters: Morgan Stanley Dean Witter/Chase H&Q/Thomas Weisel Partners LLC/First Albany
Company Counsel: Testa Hurwitz & Thibeault
Manager Counsel: Ropes & Gray
Auditor: PricewaterhouseCoopers
The Company:
Provides information and communication services for software developers, publishers and business people using the Internet.
Venture Backers:
Highland Capital Partners
Crosslink Capital
Greylock
Flatiron Partners
Massachusetts Institute of Technology
Softbank Venture Capital
Lucent Venture Partners Inc.
Chase Capital Partners
GE Equity
Sandler Capital Management
J&W Seligman & Co.
Essex Investment Management
Chemical Venture Partners
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 06/01/1996 3 Early Stage 4100.0
2 12/01/1996 5 Early Stage 7000.2
3 02/10/1997 7 Expansion 11100.0
4 10/01/1997 5 Expansion 2800.0
5 08/06/1998 2 Expansion 500.0
6 02/11/1999 6 Expansion 5000.0
7 11/18/1999 12 Expansion 32500.4
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $7.0
Net Income: -12.7