San Diego
Went public 11/16/00 at $8 per share
Filing Range: 7.0 million shares @ $10 to $12
Shares Outstanding: 52.0 million shares
Underwriters: Credit Suisse First Boston/U.S. Bancorp Piper Jaffray/Banc of America Securities
Company Counsel: Orrick Herrington & Sutcliffe LLP
Manager Counsel: Latham & Watkins
Auditor: Arthur Andersen & Co.
The Company:
Develops wireless system solutions for mobile and fixed environments enabling wireless access to personal, corporate and public information through email, corporate LANs and the Internet.
Venture Backers:
Cornerstone Equity Investors LLC
Aether Systems Capital
Working Ventures Canadian Fund Inc.
Ventures West Management Inc.
Gemini Investors LLC
Advent International Corp.
Deutsche Banc Alex. Brown
Digicom Cellular International Inc.
MF Private Capital
Bank of Montreal
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 08/08/19961 Expansion 2014.0
2 01/06/19971 Expansion 00.0
3 05/13/19972 Expansion 2012.0
4 12/31/19999 Expansion 30400.0
5 06/30/20007 Expansion 33900.0
Financials:
(Data in $ millions)
Y/E
12/31/00
Total Revenues: 9.6
Net Income: -18.5