<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1
(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No._______)*
Akamai Technologies, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
00971T101
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(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
disclosures provided in a prior cover page.
The information required on 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).
(Continued on following pages)
Page 1 of 16 Pages
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CUSIP NO. 126946102 13G PAGE 2 OF 16 PAGES
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(1) NAMES OF REPORTING PERSONS
POLARIS VENTURE PARTNERS II, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
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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
NUMBER OF 6,498,463(A)
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 0(A)
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 6,498,463(A)
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,498,463(A)
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [ X ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.1%
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(12) TYPE OF REPORTING PERSON*
PN
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(A) Excludes an aggregate of 154,573 shares owned beneficially by the
other reporting persons indicated in this Schedule 13G, as to which
this reporting person disclaims beneficial ownership.
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CUSIP NO. 00971T101 13G PAGE 3 OF 16 PAGES
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(1) NAMES OF REPORTING PERSONS
POLARIS VENTURE PARTNERS FOUNDERS' FUND II, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
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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
NUMBER OF 154,573(A)
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 0(A)
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 154,573(A)
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
154,573(A)
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [ X ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.2%
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(12) TYPE OF REPORTING PERSON*
PN
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(A) Excludes an aggregate of 6,498,463 shares owned beneficially by the
other reporting persons indicated in this Schedule 13G, as to which
this reporting person disclaims beneficial ownership.
<PAGE> 4
CUSIP NO. 00971T101 13G PAGE 4 OF 16 PAGES
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(1) NAMES OF REPORTING PERSONS
POLARIS VENTURE MANAGEMENT CO. II, L.L.C.
See Item 2 for list of Managing Members
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
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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
NUMBER OF 6,653,036
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 6,653,036
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
0
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,653,036
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.3%
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(12) TYPE OF REPORTING PERSON*
OO
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<PAGE> 5
CUSIP NO. 00971T101 13G PAGE 5 OF 16 PAGES
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(1) NAMES OF REPORTING PERSONS
STEPHEN D. ARNOLD
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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(5) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 6,653,036
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
6,653,036
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,653,036
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.3%
---------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
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CUSIP NO. 00971T101 13G PAGE 6 OF 16 PAGES
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(1) NAMES OF REPORTING PERSONS
TERRANCE G. MCGUIRE
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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(5) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 6,653,036
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
6,653,036
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,653,036
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.3%
---------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
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<PAGE> 7
CUSIP NO. 00971T101 13G PAGE 7 OF 16 PAGES
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(1) NAMES OF REPORTING PERSONS
JONATHAN A. FLINT
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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(5) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 6,653,036
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
6,653,036
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,653,036
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.3%
---------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
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<PAGE> 8
CUSIP NO. 00971T101 13G PAGE 8 OF 16 PAGES
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ITEM 1.
(a) NAME OF ISSUER: Akamai Technologies, Inc. (the
"Company")
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 201
Broadway, Cambridge, MA 02139
ITEM 2.
Set forth below is the following information with respect to each of
the persons filing this Schedule 13G (together, the "Filing Persons"): (a) name;
(b) address of principal offices (if entity) or residence or business address
(if individual); (c) citizenship (if individual) or jurisdiction of organization
(if entity); (d) title of class of securities and (e) CUSIP number.
I.
(a) Polaris Venture Partners II, L.P., a Delaware limited
partnership ("PVP II, L.P."). The General Partner of
PVP II, L.P. is Polaris Venture Management Co. II,
L.L.C., a Delaware limited liability company ("PVM
II"). The Managing Members of PVM II are Stephen A.
Arnold ("Arnold"), Terrance G. McGuire ("McGuire")
and Jonathan A. Flint ("Flint").
(b) 1000 Winter Street, Suite 3350, Waltham, MA,
02451-1215
(c) Delaware
(d) Common Stock
(e) 00971T101
II.
(a) Polaris Venture Partners Founders' Fund II, L.P.
("Polaris FF II"). The General Partner of Polaris FF
II is PVM II.
(b) 1000 Winter Street, Suite 3350, Waltham, MA,
02451-1215
(c) Delaware
(d) Common Stock
(e) 00971T101
III.
(a) Polaris Venture Management Co. II, L.L.C., a Delaware
limited liability company.
(b) 1000 Winter Street, Suite 3350, Waltham, MA,
02451-1215
(c) Delaware
(d) Common Stock
(e) 00971T101
IV.
(a) Stephen D. Arnold
(b) 1000 Winter Street, Suite 3350, Waltham, MA,
02451-1215
(c) U.S. Citizen
(d) Common Stock
(e) 00971T101
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CUSIP NO. 00971T101 13G PAGE 9 OF 16 PAGES
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V.
(a) Terrance G. McGuire
(b) 1000 Winter Street, Suite 3350, Waltham, MA,
02451-1215
(c) U.S. Citizen
(d) Common Stock
(e) 00971T101
VI.
(a) Jonathan A Flint
(b) 1000 Winter Street, Suite 3350, Waltham, MA,
02451-1215
(c) U.S. Citizen
(d) Common Stock
(e) 00971T101
ITEM 3.
Not Applicable
ITEM 4.
(a), (b) and (c) This Schedule 13G shall not be construed as an
admission that any Filing Person is, either for purposes of Section 13(d) or
13(g) of the Act or for other purposes, the beneficial owner of any Common Stock
disclosed in this Schedule 13G. The aggregate number and percentage of the class
of securities identified pursuant to Item 1 of this Schedule 13G that, pursuant
to Rule 13d-3, may be deemed to be beneficially owned by each Filing Person are
as follows:
<TABLE>
<CAPTION>
Common Stock
Beneficially % of Class
Filing Person Owned (1) Voting Power Dispositive Power
- ---------------- ------------ ---------- ------------ -----------------
<S> <C> <C> <C> <C>
PVP II, L.P. (2) 6,498,463 7.1 sole sole
Polaris FF II. (2) 154,573 0.2 sole sole
PVM II 6,653,036 7.3 sole sole
Arnold (3) 6,653,036 7.3 shared shared
McGuire (3) 6,653,036 7.3 shared shared
Flint (3) 6,653,036 7.3 shared shared
</TABLE>
(1) All percentages in this table are based on the
91,441,851 shares of Common Stock of the Company
outstanding, as reported in the Company's prospectus
filed with the Securities and Exchange Commission on
October 29, 1999 pursuant to Rule 424(b)(1) under the
Securities Act of 1933.
(2) Each noted entity (together, the "PVP II Funds") is
the holder of record of the securities set forth
opposite the name of such entity and has sole voting
and investment power with respect to such securities.
PVM II, as sole General Partner of PVP II, L.P. and
Polaris FF II may also be deemed to have sole voting
and investment power with respect to such securities.
PVM II disclaims beneficial ownership of such
securities except to the extent of its pecuniary
interest therein.
(3) Under the operating agreement of PVM II, the Managing
Members share voting and dispositive power over the
Company's securities. As such, each noted individual
may be deemed to have shared voting and shared
dispositive power over the securities of the Company
owned by the PVP II Funds. Each individual disclaims
beneficial ownership of such securities except to the
extent of their respective pecuniary interests
therein.
<PAGE> 10
CUSIP NO. 00971T101 13G PAGE 10 OF 16 PAGES
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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
This Schedule 13G is being filed jointly pursuant to Rule 13d-1(k). As
a result of the relationships among the Filing Persons described herein, some or
all of the Filing Persons may be deemed to comprise a "group" within the meaning
of Section 13 and the Rules promulgated thereunder. However, the Filing Persons
deny such group status.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10. CERTIFICATION
Not Applicable.
<PAGE> 11
CUSIP NO. 00971T101 13G PAGE 11 OF 16 PAGES
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MATERIAL TO BE FILED AS EXHIBITS
The following exhibit is attached hereto:
Exhibit A - Statement Appointing Designated Filer and Authorized Signer
dated February 7, 2000.
<PAGE> 12
CUSIP NO. 00971T101 13G PAGE 12 OF 16 PAGES
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SIGNATURES
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.
Dated: February 10, 2000 POLARIS VENTURE PARTNERS II, L.P.
a Delaware Limited Partnership
By: /s/ John Gannon
---------------------------------------
John Gannon
Authorized Signatory
POLARIS VENTURE PARTNERS FOUNDERS' FUND II,
L.P., a Delaware Limited Partnership
By: /s/ John Gannon
---------------------------------------
John Gannon
Authorized Signatory
POLARIS VENTURE MANAGEMENT CO. II, L.L.C., a
Delaware Limited Liability Company
By: /s/ John Gannon
---------------------------------------
John Gannon
Authorized Signatory
STEPHEN D. ARNOLD
By: /s/ John Gannon
---------------------------------------
John Gannon
Authorized Signatory
<PAGE> 13
CUSIP NO. 00971T101 13G PAGE 13 OF 16 PAGES
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TERRANCE G. MCGUIRE
By: /s/ John Gannon
---------------------------------------
John Gannon
Authorized Signatory
JONATHAN A. FLINT
By: /s/ John Gannon
---------------------------------------
John Gannon
Authorized Signatory
<PAGE> 14
CUSIP NO. 00971T101 13G PAGE 14 OF 16 PAGES
--------------------- ----- -----
EXHIBIT A
STATEMENT APPOINTING DESIGNATED FILER AND AUTHORIZED SIGNATORY
Each of the undersigned entities and individuals (collectively, the
"Reporting Persons") hereby authorizes and designates Polaris Venture Management
Co. II, L.L.C. or such other person or entity as is designated in writing by
John J. Gannon (the "Designated Filer") as the beneficial owner to prepare and
file on behalf of such Reporting Person individually, or jointly together with
the other Reporting Persons, any and all reports, notices, communications and
other documents (including, but not limited to, reports on Schedule 13D,
Schedule 13G, Form 3, Form 4 and Form 5) that such Reporting Person may be
required to file with the United States Securities and Exchange Commission
pursuant to the Securities Act of 1933, as amended (together with the
implementing regulations thereto, the "Act") and the Securities Exchange Act of
1934, as amended (together with the implementing regulations thereto, the
"Exchange Act") (collectively, the "Reports") with respect to the Reporting
Person's ownership of, or transactions in, securities of any entity whose
securities are beneficially owned (directly or indirectly) by such Reporting
Person (collectively, the "Companies").
Each Reporting Person hereby further authorizes and designates John J.
Gannon (the "Authorized Signatory") to execute and file on behalf of such
Reporting Person the Reports and to perform any and all other acts, which in the
opinion of the Designated Filer or Authorized Signatory may be necessary or
incidental to the performance of the foregoing powers herein granted.
The authority of the Designated Filer and the Authorized Signatory
under this Document with respect to each Reporting Person shall continue until
such Reporting Person is no longer required to file any Reports with respect to
the Reporting Person's ownership of, or transactions in, the securities of the
Companies, unless earlier revoked in writing. Each Reporting Person acknowledges
that the Designated Filer and the Authorized Signatory are not assuming any of
the Reporting Person's responsibilities to comply with the Act or the Exchange
Act.
February 7, 2000 POLARIS VENTURE MANAGEMENT CO. II, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Terrance G. McGuire
---------------------------------------
Terrance G. McGuire, Managing Member
<PAGE> 15
CUSIP NO. 00971T101 13G PAGE 15 OF 16 PAGES
--------------------- ----- -----
February 7, 2000 POLARIS VENTURE PARTNERS II, L.P.,
a Delaware Limited Partnership
By: Polaris Venture Management Co. II, L.L.C.,
a Delaware Limited Liability Company
Its General Partner
By: /s/ Terrance G. McGuire
------------------------------------------
Terrance G. McGuire, Managing Member
February 7, 2000 POLARIS VENTURE PARTNERS FOUNDERS' FUND II, L.P.,
a Delaware Limited Partnership
By: Polaris Venture Management Co. II, L.L.C.,
a Delaware Limited Liability Company
Its General Partner
By: /s/ Terrance G. McGuire
------------------------------------------
Terrance G. McGuire, Managing Member
February 7, 2000
By: /s/ Stephen D. Arnold
------------------------------------------
Stephen D. Arnold
February 7, 2000
By: /s/ Brian Chee
------------------------------------------
Brian Chee
<PAGE> 16
CUSIP NO. 00971T101 13G PAGE 16 OF 16 PAGES
--------------------- ----- -----
February 7, 2000
By: /s/ Jonathan A. Flint
------------------------------------------
Jonathan A. Flint
February 7, 2000
By: /s/ John Gannon
------------------------------------------
John Gannon
February 7, 2000
By: /s/ Eileen A. McCarthy
------------------------------------------
Eileen A. McCarthy
February 7, 2000
By: /s/ Terrance G. McGuire
------------------------------------------
Terrance G. McGuire
