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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13D-1(b)(c), AND (d) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(b)
Callwave, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.0001 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)
13126N 10 1
--------------------------------------------------
(CUSIP Number)
December 31, 2004
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners IV, L.P.
52-2269503
.......................................................................
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
...................................................................
(b)
...................................................................
--------------------------------------------------------------------------------
3. SEC Use
Only ..................................................................
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
...............................
--------------------------------------------------------------------------------
5. Sole Voting
Power 2,395,490
...................................
-------------------------------------------------------
Number of Shares 6. Shared Voting
Beneficially Power
Owned by Each .....................................
Reporting Person -------------------------------------------------------
With: 7. Sole Dispositive
Power 2,395,490
...................................
-------------------------------------------------------
8. Shared Dispositive
Power
...................................
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each
Reporting Person 2,395,490
.....................................
10. Check box if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
.....................................
11. Percent of Class Represented by Amount in
Row (9) 12.4%
.....................................
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
--------------------------------------------------------------------------------
PN
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
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Page 2 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners IV (Co-Investors), L.P.
52-2269509
.......................................................................
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
...................................................................
(b)
...................................................................
--------------------------------------------------------------------------------
3. SEC Use
Only ..................................................................
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
...............................
--------------------------------------------------------------------------------
5. Sole Voting
Power 320,256
...................................
-------------------------------------------------------
Number of Shares 6. Shared Voting
Beneficially Power
Owned by Each .....................................
Reporting Person -------------------------------------------------------
With: 7. Sole Dispositive
Power 320,256
...................................
-------------------------------------------------------
8. Shared Dispositive
Power
...................................
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each
Reporting Person 320,256
.....................................
10. Check box if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
.....................................
11. Percent of Class Represented by Amount in
Row (9) 1.7%
.....................................
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
--------------------------------------------------------------------------------
PN
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
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Page 3 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners IV (Fund B), L.P.
52-2269507
.......................................................................
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
...................................................................
(b)
...................................................................
--------------------------------------------------------------------------------
3. SEC Use
Only ..................................................................
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
...............................
--------------------------------------------------------------------------------
5. Sole Voting
Power 295,217
...................................
-------------------------------------------------------
Number of Shares 6. Shared Voting
Beneficially Power
Owned by Each .....................................
Reporting Person -------------------------------------------------------
With: 7. Sole Dispositive
Power 295,217
...................................
-------------------------------------------------------
8. Shared Dispositive
Power
...................................
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each
Reporting Person 295,217
.....................................
10. Check box if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
.....................................
11. Percent of Class Represented by Amount in
Row (9) 1.5%
.....................................
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
--------------------------------------------------------------------------------
PN
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
--------------------------------------------------------------------------------
Page 4 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners (Cayman) IV, L.P.
90-0183706
.......................................................................
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
...................................................................
(b)
...................................................................
--------------------------------------------------------------------------------
3. SEC Use
Only ..................................................................
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Cayman Islands
...............................
--------------------------------------------------------------------------------
5. Sole Voting
Power 19,033
...................................
-------------------------------------------------------
Number of Shares 6. Shared Voting
Beneficially Power
Owned by Each .....................................
Reporting Person -------------------------------------------------------
With: 7. Sole Dispositive
Power 19,033
...................................
-------------------------------------------------------
8. Shared Dispositive
Power
...................................
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each
Reporting Person 19,033
.....................................
10. Check box if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
.....................................
11. Percent of Class Represented by Amount in
Row (9) .0001%
.....................................
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
--------------------------------------------------------------------------------
PN
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
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Page 5 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Associates IV, LLC
37-1417641
.......................................................................
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
...................................................................
(b)
...................................................................
--------------------------------------------------------------------------------
3. SEC Use
Only ..................................................................
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
...............................
--------------------------------------------------------------------------------
5. Sole Voting
Power
...................................
-------------------------------------------------------
Number of Shares 6. Shared Voting
Beneficially Power 3,029,996
Owned by Each .....................................
Reporting Person -------------------------------------------------------
With: 7. Sole Dispositive
Power
...................................
-------------------------------------------------------
8. Shared Dispositive
Power 3,029,996
...................................
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each
Reporting Person 3,029,996
.....................................
10. Check box if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
.....................................
11. Percent of Class Represented by Amount in
Row (9) 15.7%
.....................................
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
--------------------------------------------------------------------------------
00
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
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Page 6 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Holdings Group, LLC
35-2158588
.......................................................................
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
...................................................................
(b)
...................................................................
--------------------------------------------------------------------------------
3. SEC Use
Only ..................................................................
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
...............................
--------------------------------------------------------------------------------
5. Sole Voting
Power
...................................
-------------------------------------------------------
Number of Shares 6. Shared Voting
Beneficially Power 3,029,996
Owned by Each .....................................
Reporting Person -------------------------------------------------------
With: 7. Sole Dispositive
Power
...................................
-------------------------------------------------------
8. Shared Dispositive
Power 3,029,996
...................................
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each
Reporting Person 3,029,996
.....................................
10. Check box if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
.....................................
11. Percent of Class Represented by Amount in
Row (9) 15.7%
.....................................
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
--------------------------------------------------------------------------------
00
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
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Page 7 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
ITEM 1.
(A) NAME OF ISSUER:
Callwave, Inc.
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
136 West Canon Perdido Street
Santa Barbara, CA 93101
ITEM 2.
NAME OF PERSON FILING:
Insight Venture Partners IV, L.P. ("IVP")
Insight Venture Partners IV (Co-Investors), L.P. ("IVP
Co-Investors")
Insight Venture Partners (Fund B), L.P. ("IVP Fund B")
Insight Venture Partners (Cayman) IV. , L.P. ("IVP Cayman")
Insight Venture Associates IV, LLC ("Associates")
Insight Holdings Group, LLC ("Holdings")
Supplemental information relating to the ownership and control of
the person filing this statement is included in Exhibit 2(a)
attached hereto.
(A) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
c/o Insight Capital Partners
680 Fifth Avenue, 9th Floor
New York, NY 10019
(B) CITIZENSHIP:
For all Reporting Persons (other than IVP Cayman): Delaware
IVP Cayman: Cayman Islands
(C) TITLE OF CLASS OF SECURITIES (OF ISSUER):
Common Stock, $.0001 par value
(D) CUSIP NUMBER:
13126N 10 1
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240. 13d-1(b) OR
240. 13D-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
ITEM 4. OWNERSHIP
(A) AMOUNT BENEFICIALLY OWNED:
IVP : 2,395,490
IVP Co-Investors: 320,256
IVP Fund B : 295,217
IVP Cayman : 19,033
Associates : 3,029,996
Holdings : 3,209,996
Page 8 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
(B) PERCENT OF CLASS:
IVP : 12.4%
IVP Co-Investors: 1.7%
IVP Fund B : 1.5%
IVP Cayman : .0001%
Associates : 15.7%
Holdings : 15.7%
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote: IVP: 2,395,490, IVP Co-Investors:
320,256, IVP Fund B: 295,217, IVP Cayman: 19,033,
Associates: 0, Holdings: 0
(ii) Shared power to vote: IVP: 0, IVP Co-Investors:0, IVP Fund
B: 0, IVP Cayman: 0, Associates: 3,029,996, Holdings:
3,029,996
(iii) Sole power to dispose: IVP: 2,395,490, IVP Co-Investors:
320,256, IVP Fund B: 295,217, IVP Cayman: 19,033,
Associates: 0, Holdings: 0
(iv) Shared power to dispose: IVP: 0, IVP Co-Investors:0, IVP
Fund B: 0, IVP Cayman: 0, Associates: 3,029,996, Holdings:
3,029,996
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable
Page 9 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: February 14, 2005
INSIGHT VENTURE PARTNERS IV, L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT VENTURE PARTNERS IV (CO-INVESTORS), L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT VENTURE PARTNERS IV (FUND B), L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT VENTURE PARTNERS (CAYMAN) IV, L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
Page 10 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
INSIGHT VENTURE ASSOCIATES, LLC
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT HOLDINGS GROUP, LLC
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
Page 11 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
EXHIBIT 2(A)
This Statement is being filed by Insight Venture Partners IV, L.P., a
Delaware limited partnership (hereinafter referred to as "IVP"), Insight Venture
Partners IV (Co-Investors), L.P., a Delaware limited partnership (hereinafter
referred to as "IVP Co-Investor"), Insight Venture Partners (Cayman), IV, L.P.,
a Cayman Islands limited partnership (hereinafter referred to as "IVP Cayman"),
Insight Venture Partners IV (Fund B), L.P., a Delaware limited partnership
(hereinafter referred to as "IVP Fund B"), Insight Venture Associates, LLC, a
Delaware limited liability company (hereinafter referred to as "Associates") and
Insight Holdings Group, LLC, a Delaware limited liability company (hereinafter
referred to as "Holdings") each of whose principal office is located at c/o
Insight Capital Partners IV, L.P., 527 Madison Avenue, 10th Floor, New York, New
York, 10022. Each of IVP, Co-Investor, IVP Cayman and IVP Fund B (collectively
referred to herein as the "Insight Funds") is engaged in the venture capital
business. Each of Associates and Holdings is engage in the Venture Capital
business indirectly through the Insight Funds.
Associates is the general partner of each of the Insight Funds, and as
such may be deemed to be the beneficial owner of all shares held by the Insight
Funds.
Holdings is the managing member of Associates, and as such may be
deemed to be the beneficial owner of all shares held by the Insights Funds. The
managing directors of Holdings are [Deven Parekh, Scott Maxwell, Jeffrey
Horing, Peter Sobiloff and Jerry Murdock].
Page 12 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
EXHIBIT 2(B)
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other, except to the extent that he or it knows or has reason to
believe that such information is accurate.
Dated this 14th day of February, 2005.
INSIGHT VENTURE PARTNERS IV, L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: Insight Holdings Group, LLC., its managing
member
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT VENTURE PARTNERS IV (CO-INVESTORS), L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: Insight Holdings Group, LLC., its managing
member
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT VENTURE PARTNERS IV (FUND B), L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: Insight Holdings Group, LLC., its managing
member
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
Page 13 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP NO.: 13126N 10 1
INSIGHT VENTURE PARTNERS (CAYMAN) IV, L.P.
By: Insight Venture Associates IV, LLC, its
general partner
By: Insight Holdings Group, LLC., its managing
member
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT VENTURE ASSOCIATES, LLC
By: Insight Holdings Group, LLC., its managing
member
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
INSIGHT HOLDINGS GROUP, LLC
By: /s/ Deven Parekh
----------------------------------------------
Name: Deven Parekh
Title: Managing Director
Page 14 of 14 pages