UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
MAKER COMMUNICATIONS INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
560875106
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1999
- --------------------------------------------------------------------------------
(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>
- -------------------- ------------------
CUSIP NO. 560875106 13G Page 2 of 14 Pages
- -------------------- ------------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DEER IV & CO. LLC ("Deer IV")*
11-3298116
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
1,703,982 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,703,982 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,703,982 shs.*
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.2%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ------------------------------------------------------------------
*The shares reported on this page are the total of those reported on pages 3 and
4, because Deer IV is the General Partner of BVP IV and Bessec IV.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 14 pages
<PAGE>
- -------------------- ------------------
CUSIP NO. 560875106 13G Page 3 of 14 Pages
- -------------------- ------------------
- ------------- ------------------------------------------------------------------
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
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
851,990 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 851,990 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
851,990 shs.*
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.6%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ------------------------------------------------------------------
*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 14 pages
<PAGE>
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CUSIP NO. 560875106 13G Page 4 of 14 Pages
- -------------------- -----------------
- ------------- ------------------------------------------------------------------
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
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
851,992 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 851,992 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
851,992 shs.*
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.6%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ------------------------------------------------------------------
*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 14 pages
<PAGE>
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CUSIP NO. 560875106 13G Page 5 of 14 Pages
- -------------------- -----------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ROBERT H. BUESCHER
###-##-####
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
10,429 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 10,429 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0-
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,429 shs.
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.05%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 14 pages
<PAGE>
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CUSIP NO. 560875106 13G Page 6 of 14 Pages
- -------------------- -----------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WILLIAM T. BURGIN
###-##-####
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
173,537 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 173,537 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
173,537 shs.
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.9%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 6 of 14 pages
<PAGE>
- -------------------- ------------------
CUSIP NO. 560875106 13G Page 7 of 14 Pages
- -------------------- ------------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
G. FELDA HARDYMON
###-##-####
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
157,358 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 157,358 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
157,358 shs.
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.9%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 7 of 14 pages
<PAGE>
- -------------------- ------------------
CUSIP NO. 560875106 13G Page 8 of 14 Pages
- -------------------- ------------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CHRISTOPHER F.O. GABRIELI
###-##-####
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
206,575 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 206,575 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
206,575 shs.
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.1%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 8 of 14 pages
<PAGE>
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CUSIP NO. 560875106 13G Page 9 of 14 Pages
- -------------------- -----------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DAVID J. COWAN
###-##-####
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
139,727 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 139,727 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
139,727 shs.
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.8%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 9 of 14 pages
<PAGE>
- -------------------- -------------------
CUSIP NO. 560875106 13G Page 10 of 14 Pages
- -------------------- -------------------
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ROBI L. SONI
###-##-####
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
71,926 shs.
NUMBER OF
---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0- shs.
---------- ----------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 71,926 shs.
---------- ----------------------------------
WITH 8 SHARED DISPOSITIVE POWER
-0- shs.
- ---------------------------------- ---------- ----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
71,926 shs.
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.4%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 10 of 14 pages
<PAGE>
Item 1.
(a) Name of Issuer:
Maker Communications Inc.
(b) Address of Issuer's Principal Executive Office:
73 Mount Wayte Avenue
Framingham, Massachusetts 01702
Item 2.
(a), (b) and (c) Name of Persons Filing, Address of Principal Business
Office and Citizenship:
-----------------------------------------------------------------------
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, and 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. The principal business of
each of BVP IV and Bessec IV 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, and by Messrs., Buescher, Burgin, Hardymon,
Gabrieli, Cowan and Soni. Deer IV & Co. LLC is the General Partner of BVP IV and
Bessec IV 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 and Bessec IV 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. Mr. Cowan's principal business
address is the Menlo Park address. Mr. Buescher's principal business address is
the Westbury address. The other managers' principal business address is the
Wellesley Hills address.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
560875106
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 11 of 14 pages
<PAGE>
Item 4. Ownership
Items 5 through 9 of Pages 2 through 10 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.
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
BESSEMER VENTURE PARTNERS IV L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
--------------------------------------
Robert H. Buescher, Manager
Page 12 of 14 pages
<PAGE>
BESSEC VENTURES IV L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
--------------------------------------
Robert H. Buescher, Manager
DEER IV & Co. LLC
By: /s/ Robert H. Buescher
--------------------------------------
Robert H. Buescher, Manager
WILLIAM T. BURGIN
By: *
--------------------------------------
Robert H. Buescher, Attorney-in-Fact
G. FELDA HARDYMON
By: *
--------------------------------------
Robert H. Buescher, Attorney-in-Fact
CHRISTOPHER F. O. GABRIELI
By: *
--------------------------------------
Robert H. Buescher, Attorney-in-Fact
DAVID J. COWAN
By: *
--------------------------------------
Robert H. Buescher, Attorney-in-Fact
Page 13 of 14 pages
<PAGE>
ROBI L. SONI
By: *
--------------------------------------
Robert H. Buescher, Attorney-in-Fact
/s/ Robert H. Buescher
--------------------------------------
Robert H. Buescher for himself and as
Attorney-in-Fact for the above parties
having an asterisk (*) above their
signature line
Page 14 of 14 pages
