Sunnyvale, Calif.
Went public 8/3/2000 at $21 per share
Filing Range: 4 mil. shares @ $17 to $19
Shares Outstanding: 26.5 mil. shares
Underwriters: Goldman, Sachs & Co./Chase H&Q/Dain Rauscher Wessels/Wit
SoundView Group
Company Counsel: Wilson Sonsini Goodrich & Rosati
Manager Counsel: Shearman & Sterling
Auditor: Pricewaterhouse Coopers LLP
The Company:
Provides management & load balancing solutions for Internet or intranet sites. This software product allows a group of Web servers to be viewed seamlessly as one virtual IP address. The software then uses traffic rules to better manage the site, or address performance issues through load balancing. The system also notifies the administrator of problems.
Venture Backers:
Flatiron Partners
Charter Growth Capital
Charter Ventures
Lehman Brothers
Kleiner, Perkins, Caufield & Byers
Intel Corp.
Chase Capital Partners
Tech Ventures Inc.
Sun Microsystems Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 04/21/1997 4 Early Stage 5199.9
2 06/25/1998 6 Later Stage 9800.0
3 06/22/1999 11 Expansion 13000.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $9.9
Net Income: -18.9