UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
KEYNOTE SYSTEMS INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
493308100
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(CUSIP Number)
December 31, 1999
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(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>
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CUSIP No. 4933O8100 13G Page 2 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DEER IV & CO. LLC ("Deer IV")*
11-3298116
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
2,672,396 shs.
NUMBER OF
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 2,672,396 shs.
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WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,672,396 shs.*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.3%
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12 TYPE OF REPORTING PERSON*
PN
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*The shares reported on this page are the total of those reported on pages 3-5,
because Deer IV is the General Partner of BVP IV, Bessec IV and BVI LP.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 8 pages
<PAGE>
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CUSIP No. 4933O8100 13G Page 3 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER VENTURE PARTNERS IV L.P. ("BVP IV")*
11-3298115
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
1,432,733 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,432,733 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,432,733 shs.*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
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12 TYPE OF REPORTING PERSON*
PN
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*The shares reported on this page are included in those reported on page 2,
because Deer IV is the General Partner of BVP IV.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 8 pages
<PAGE>
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CUSIP No. 4933O8100 13G Page 4 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEC VENTURES IV L.P. ("Bessec IV")*
11-3408591
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
995,048 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 995,048 shs.
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WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
995,048 shs.*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.2%
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12 TYPE OF REPORTING PERSON*
PN
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*The shares reported on this page are included in those reported on page 2,
because Deer IV is the General Partner of Bessec IV.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 8 pages
<PAGE>
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CUSIP No. 4933O8100 13G Page 5 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER VENTURE INVESTORS L.P. ("BVI LP")*
11-3352639
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
244,615 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 244,615 shs.
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WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
244,615 shs.*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.0%
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12 TYPE OF REPORTING PERSON*
PN
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*The shares reported on this page are included in those reported on page 2,
because Deer IV is the General Partner of BVI LP.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 8 pages
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Item 1.
(a) Name of Issuer:
Keynote Systems Inc.
(b) Address of Issuer's Principal Executive Office:
2855 Campus Drive
San Mateo, California 94403
Item 2.
(a), (b) and (c) Name of Persons Filing, Address of Principal Business
Office and Citizenship:
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This statement is filed by Bessemer Venture Partners IV L.P. ("BVP
IV"), a Delaware limited partnership having its principal office at 1400 Old
Country Road, Suite 407, Westbury, New York, 11590, Bessec Ventures IV L.P.
("Bessec IV"), a Delaware limited partnership having its principal office at
1400 Old Country Road, Suite 407, Westbury, New York, and Bessemer Venture
Investors L.P. ("BVI LP"), a Delaware limited partnership having its principal
office at 1400 Old Country Road, Suite 407, Westbury, New York, 11590. The
principal business of each of BVP IV, Bessec IV and BVI LP is making venture
capital investments for its own account and is carried on at its principal
office.
This statement is also filed by Deer IV & Co. LLC, a Delaware limited
liability company whose managers are Robert H. Buescher, William T. Burgin, G.
Felda Hardymon, Christopher F.O. Gabrieli, David J. Cowan and Robi L. Soni, who
are all United States citizens. Deer IV & Co. LLC is the General Partner of BVP
IV, Bessec IV and BVI LP and has its principal office at the same address as BVP
IV. Deer IV & Co. LLC's principal business is making venture capital investments
for the account of BVP IV, Bessec IV and BVI LP and is carried on at its
principal office, at 535 Middlefield Road, Suite 245, Menlo Park, CA 94025 and
at 83 Walnut Street, Wellesley Hills, Massachusetts 02181-2101.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
493308100
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), check whether the person filing is a:
Not applicable.
Page 6 of 8 pages
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Item 4. Ownership
Items 5 through 9 of Pages 2 through 5 of this Statement incorporated
herein by reference.
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
See the answer to Item 2(a), (b) and (c).
Item 9. Notice of Dissolution of Group
Not applicable.
Page 7 of 8 pages
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Item 10. Certification
Not applicable.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: February 14, 2000
DEER IV & Co. LLC
By: /s/ Robert H. Buescher
-----------------------------------
Robert H. Buescher, Manager
BESSEMER VENTURE PARTNERS IV L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
-----------------------------------
Robert H. Buescher, Manager
BESSEC VENTURES IV L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
-----------------------------------
Robert H. Buescher, Manager
BESSEMER VENTURE INVESTORS L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
-----------------------------------
Robert H. Buescher, Manager
Page 8 of 8 pages
