<PAGE> 1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
------------
Concord Communications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
206186108
---------
(CUSIP Number)
*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 22 pages
<PAGE> 2
CUSIP NO. 206186108 13G PAGE 2 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Ventures II Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 520,525
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 821,033
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
520,525
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
821,033
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 22 pages
<PAGE> 3
CUSIP NO. 206186108 13G PAGE 3 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Ventures II Offshore C.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 821,033
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 520,525
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
821,033
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
520,525
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 22 pages
<PAGE> 4
CUSIP NO. 206186108 13G PAGE 4 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Offshore Management, N.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles Corporation
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 821,033
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
821,033
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
821,033
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.9
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 22 pages
<PAGE> 5
CUSIP NO. 206186108 13G PAGE 5 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Venture Partners II L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 22 pages
<PAGE> 6
CUSIP NO. 206186108 13G PAGE 6 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry T. Rein
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 22 pages
<PAGE> 7
CUSIP NO. 206186108 13G PAGE 7 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James J. Fitzpatrick
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 22 pages
<PAGE> 8
CUSIP NO. 206186108 13G PAGE 8 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stephen L. Green
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 22 pages
<PAGE> 9
CUSIP NO. 206186108 13G PAGE 9 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Deepak Kamra
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 1,875
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
1,875
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,343,433
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 22 pages
<PAGE> 10
CUSIP NO. 206186108 13G PAGE 10 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory Kopchinsky
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 22 pages
<PAGE> 11
CUSIP NO. 206186108 13G PAGE 11 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert Migliorino
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 22 pages
<PAGE> 12
CUSIP NO. 206186108 13G PAGE 12 OF 22 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eric A. Young
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,341,558
EACH ----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,341,558
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,341,558
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 22 pages
<PAGE> 13
Item 1(a). Name of Issuer
Concord Communications, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices
33 Boston Post Road West
Marlboro, MA 01752
Item 2(a). Name of Person Filing
This statement is filed by Canaan Ventures II Limited Partnership, a
Delaware limited partnership, ("Canaan Ventures II"), Canaan
Ventures II Offshore C.V., a Netherlands Antilles limited
partnership, ("Canaan Ventures II Offshore"), Canaan Offshore
Management, N.V., a Netherlands Antilles corporation ("Canaan
Corporation"), Canaan Venture Partners II L.P., a Delaware limited
partnership, ("Canaan Partners") and Harry T. Rein, James J.
Fitzpatrick, Deepak Kamra, Stephen L. Green, Gregory Kopchinsky,
Robert J. Migliorino, and Eric A. Young (collectively, the
"Partners"). Canaan Partners (which serves as the sole general
partner of Canaan Ventures II and one of the two general partners of
Canaan Ventures II Offshore), Canaan Corporation (which serves as
the other general partner of Canaan Ventures II Offshore), and the
Partners (who serve as general partners of Canaan Partners), are
collectively referred to as the "Reporting Persons" in this Schedule
13G.
Item 2(b). Address of Principal Business Office or, if None, Residence
Except in the case of Canaan Ventures II Offshore, Canaan
Corporation, Deepak Kamra and Eric A. Young, the principal business
address of the Reporting Persons is 105 Rowayton Avenue, Rowayton,
CT 06853. The principal address of Canaan Ventures II Offshore and
Canaan Corporation is c/o ABN Trustcompany, Pietermaai 15, Curacao,
the Netherlands Antilles. The principal business address of Deepak
Kamra and Eric A. Young is 2884 Sand Hill Road, Suite 115, Menlo
Park, CA 94025.
Item 2(c). Citizenship
Canaan Ventures II and Canaan Partners are limited partnerships
organized under the laws of Delaware. Canaan Ventures II Offshore is
a limited partnership and Canaan Corporation is a corporation, each
organized under the laws of the Netherlands Antilles. Each of the
Partners are citizens of the United States.
Item 2(d) Title of Class of Securities
This Schedule 13G report relates to the Common Stock, par value $.01
("Common
Page 13 of 22 pages
<PAGE> 14
Stock") of Concord Communications, Inc. ("the Company").
Item 2(e). CUSIP Number
CUSIP number 206186108.
Item 3. If this statement if filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) __ Broker or Dealer registered under Section 15 of the Act,
(b) __ Bank as defined in Section 3(a)(6) of the Act,
(c) __ Insurance Company as defined in Section 3(a)(19) of the Act,
(d) __ Investment Company registered under Section 8 of the Investment
Company Act,
(e) __ Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940,
(f) __ Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of 1974
or Endowment Fund; see 13d-1(b)(1)(ii)(F),
(g) __ Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);
see Item 7,
(h) __ Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Not Applicable
Item 4. Ownership
(a) Canaan Ventures II owns 520,525 shares of Common Stock and Canaan
Ventures II Offshore owns 821,033 shares of Common Stock. All other
Reporting Persons hold their respective beneficially owned shares due to
their relationships to the above Partnerships as outlined in Item 2. In
addition, Mr. Kamra owns 1,875 shares of Common Stock as an individual.
(b) By virtue of their common control, Canaan Ventures II and Canaan
Ventures II Offshore each may be deemed to be the beneficial owners
of 1,341,558 shares of Common Stock, representing beneficial
ownership of 11.2% of the Company. Canaan Partners, by virtue of its
status as general partner of Canaan Ventures II and Canaan Ventures
II Offshore, may be deemed to be the beneficial owner of 1,341,558
shares, representing beneficial ownership of 11.2%. Canaan
Corporation, by virtue of its status as a general partner of Canaan
Ventures II Offshore, may be deemed to be the beneficial owner of
821,033 shares, representing beneficial ownership of 6.9%. By virtue
of their status as general partners of Canaan Partners, the Partners
may each be deemed to be the beneficial owner of 1,341,558 shares
representing in the case of each Partner, beneficial ownership of
11.2%. In addition, Mr. Kamra owns additional shares, as outlined in
(a) above, which increases his percentage ownership to 11.3%. The
foregoing percentages are calculated based on the 11,940,816 shares
of Common Stock reported to be outstanding in the Quarterly Report on
Form 10-Q of the Issuer for the quarter ended September 30, 1997.
Page 14 of 22 pages
<PAGE> 15
NUMBER OF SHARES
<TABLE>
<CAPTION>
NUMBER OF SHARES
----------------
(c) Reporting Person (i) (ii) (iii) (iv)
---------------- --- ---- ----- ----
<S> <C> <C> <C> <C>
Canaan Ventures II 520,525 821,033 520,525 821,033
Canaan Ventures II Offshore 821,033 520,525 821,033 520,525
Canaan Corporation 0 821,033 0 821,033
Canaan Partners 0 1,341,558 0 1,341,558
Harry T. Rein 0 1,341,558 1,341,558
James J. Fitzpatrick 0 1,341,558 0 1,341,558
Stephen L. Green 0 1,341,558 0 1,341,558
Deepak Kamra 1,875 1,341,558 1875 1,341,558
Gregory Kopchinsky 0 1,341,558 0 1,341,558
Robert J. Migliorino 0 1,341,558 0 1,341,558
Eric A. Young 0 1,341,558 0 1,341,558
</TABLE>
(i) Sole power to vote or direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
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
Each of the Reporting Persons expressly disclaims membership in a
"Group" as defined in Rule 13d-1 (b) (ii) (H).
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable. This Schedule 13G is not filed pursuant to
Rule 13d-1(b).
DATE: February 10, 1998
Page 15 of 22 pages
<PAGE> 16
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Canaan Ventures II Limited Partnership
By: Canaan Venture Partners II L.P.
Its General Partner
By: *
--------------------------------
General Partner
Canaan Ventures II Offshore C. V.
By: Canaan Venture Partners II L.P.
Its General Partner
By: *
--------------------------------
General Partner
Canaan Offshore Management, N.V.
By: *
--------------------------------
Director
Canaan Ventures Partners II L.P.
By: *
--------------------------------
General Partner
Page 16 of 22 pages
<PAGE> 17
*
- ------------------------------
Harry T. Rein
*
- ------------------------------
James J. Fitzpatrick
*
- ------------------------------
Stephen L. Green
*
- ------------------------------
Deepak Kamra
*
- ------------------------------
Gregory Kopchinsky
*
- ------------------------------
Robert J. Migliorino
*
- ------------------------------
Eric A. Young
*By: /s/ Guy M. Russo
-----------------------
Guy M. Russo
Attorney-in-Fact
- ----------------------------------------------------------------------------
This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a
copy of which is filed herewith as Exhibit 2.
Page 17 of 22 pages
<PAGE> 1
Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
as amended, the undersigned agree that only one statement containing the
information required by Schedule 13G need be filed by each of the undersigned
with respect to the ownership by each of the undersigned of shares of stock of
Concord Communications, Inc. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original.
Canaan Ventures II Limited Partnership
By: Canaan Venture Partners II L.P.
Its General Partner
By: *
- ------------------------------
General Partner
Canaan Ventures II Offshore C. V.
By: Canaan Venture Partners II L.P.
Its General Partner
By: *
- ------------------------------
General Partner
Canaan Offshore Management, N.V.
By: *
- ------------------------------
Director
Canaan Venture Partners II L.P.
By: *
- ------------------------------
General Partner
Page 18 of 22 pages
<PAGE> 2
*
- ------------------------------
Harry T. Rein
*
- ------------------------------
James J. Fitzpatrick
*
- ------------------------------
Stephen L. Green
*
- ------------------------------
Deepak Kamra
*
- ------------------------------
Gregory Kopchinsky
*
- ------------------------------
Robert J. Migliorino
*
- ------------------------------
Eric A. Young
*By: /s/ Guy M. Russo
-----------------
Guy M. Russo
Attorney-in-Fact
- ----------------------------------------------------------------------------
This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a
copy of which is filed herewith as Exhibit 2.
Page 19 of 22 pages
<PAGE> 1
Exhibit 2
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Guy M. Russo his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities (until
revoked in writing) to sign any and all instruments, certificates and documents
required to be executed on behalf of himself as an individual or in his capacity
as a general partner or authorized signatory, as the case may be, on behalf of
any of Canaan Ventures II Limited Partnership; Canaan Ventures II Offshore,
C.V.; Canaan Offshore Management, N.V. or Canaan Venture Partners II, L.P.
pursuant to the Securities Act of 1933, as amended, (the "Securities Act"), or
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any
and all regulations promulgated thereunder and to file the same, with all
exhibits thereto, and any other documents in connection therewith, with the
Securities and Exchange Commission, and with any other entity when and if such
is mandated by the Securities Act, the Exchange Act or by the By-laws of the
National Association of Securities Dealers, Inc., granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary fully to all intents and purposes as
he might or could do in person thereby, and ratifying and confirming all that
said attorney-in-fact and agent, or his substitute or substitutes, may lawfully
do or cause to be done by virtue hereof, or may have done in connection with the
matters described above.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
Page 20 of 22 pages
<PAGE> 2
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 29th day of
January, 1998.
CANAAN VENTURES II LIMITED PARTNERSHIP
By: Canaan Venture Partners II, L.P.
Its General Partner
By: /s/ Harry T. Rein
---------------------------
General Partner
CANAAN VENTURES II OFFSHORE C.V.
By: Canaan Venture Partners II, L.P.
---------------------------
Its General Partner
By: /s/ Harry T. Rein
---------------------------
General Partner
CANAAN OFFSHORE MANAGEMENT, N.V.
By: /s/ Harry T. Rein
---------------------------
Director
CANAAN VENTURE PARTNERS II, L.P.
By: /s/ Harry T. Rein
---------------------------
General Partner
Page 21 of 22 pages
<PAGE> 3
/s/ Harry T. Rein
- --------------------------
Harry T. Rein
/s/ James J. Fitzpatrick
- --------------------------
James J. Fitzpatrick
/s/ Stephen L. Green
- --------------------------
Stephen L. Green
/s/ Deepak Kamra
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Deepak Kamra
/s/ Gregory Kopchinsky
- --------------------------
Gregory Kopchinsky
/s/ Robert J. Migliorino
- --------------------------
Robert J. Migliorino
/s/ Eric A Young
- --------------------------
Eric A. Young
Page 22 of 22 pages
