Went public 7/13/2000 at $15 per share
Filing Range: 5.5 mil. shares @ $10 to $12
Shares Outstanding: 33.8 mil. shares
Underwriters: Credit Suisse First Boston/Deutsche Banc Alex. Brown/US Bancorp Piper Jaffray
Company Counsel: Wilson Sonsini Goodrich & Rosati
Manager Counsel: Testa Hurwitz & Thibeault
Auditor: Ernst & Young LLP
Provides broadband fixed wireless network products for local loop access. The company’s Invisible FiberTM high bandwidth broadband wireless network product line covers the 38 GHz, Local Multipoint Distribution Service (LMDS) and Local Multipoint Communication Systems (LMCS) markets, with functionality designed to fiber optic specifications. The company’s broadband fixed wireless Invisible FiberTM 155 Mbps SONET OC-3 and 100 Mbps Invisible Fiber Internet products are designed to provide telephony, data and Internet network solutions.
Meritech Capital Partners
Brentwood Venture Capital
Oak Investment Partners
Worldview Technology Partners
Advent International Corp.
Bessemer Venture Partners
Global Technology Group Ventures
BancBoston Capital/BancBoston Ventures
Adams Capital Management Inc.
Patricof & Co. Ventures Inc.
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 12/01/1997 1 Early Stage 675.0
2 05/04/1998 10 Expansion 26000.0
3 01/27/1999 5 Expansion 10500.0
4 10/18/1999 8 Expansion 50000.0
(Data in $ millions)
Total Revenues: $0.1
Net Income: -30.3