San Jose, Calif.,

Went public 7/28/2000 at $14 per share

Filing Range: 3.5 mil. shares @ $12 to $14

Shares Outstanding: 36.13 mil. shares

Underwriters: Goldman, Sachs & Co./Deutsche Banc Alex. Brown/Wit Soundview Group Inc./ CIBC World Markets

Company Counsel: Pillsbury Madison & Sutro

Manager Counsel: Wilson Sonsini Goodrich & Rosati

Auditor: KPMG LLP

The Company:

Develops and markets a Web-based meeting service. The company allows multiple users to meet in real-time with live data, audio, video and telephone conferencing.

Venture Backers:

New Enterprise Associates

Deutsche Telekom AG

Walden International Investment Group

International Capital Partners

Summit Accelerator Fund

Oracle Corp.

Yahoo! Inc.

Reuters Group PLC

Global Crossing Ventures

Summit Partners

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 12/16/1999 6 Expansion 25000.0

2 04/03/2000 14 Expansion 26000.6


(Data in $ millions)



Total Revenues: $2.6

Net Income: -14.4