UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
NetSolve, Incorporated
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
64115J106
- --------------------------------------------------------------------------------
(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>
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CUSIP NO. 64115J106 13G PAGE 2 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
New Enterprise Associates IV, Limited Partnership
- --------------------------------------------------------------------------------
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
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 3 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NEA Partners IV, Limited Partnership
- --------------------------------------------------------------------------------
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
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 4 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Spectra Enterprise Associates, Limited Partnership
- --------------------------------------------------------------------------------
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
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 5 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NEA Spectra Partners, Limited Partnership
- --------------------------------------------------------------------------------
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
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 6 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Southwest Enterprise Associates, Limited Partnership
- --------------------------------------------------------------------------------
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
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 7 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NEA Southwest Partners, Limited Partnership
- --------------------------------------------------------------------------------
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
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 8 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Cornelius C. Bond, Jr.
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 9 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Frank A. Bonsal, Jr.
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 817,647
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
817,647
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
817,647
- --------------------------------------------------------------------------------
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
6.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 10 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Nancy L. Dorman
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,523,109
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,523,109
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,523,109
- --------------------------------------------------------------------------------
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
18.8%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 11 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
C. Richard Kramlich
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 12 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Arthur J. Marks
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,963,308
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,963,308
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,963,308
- --------------------------------------------------------------------------------
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
22.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
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CUSIP NO. 64115J106 13G PAGE 13 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas C. McConnell
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,523,109
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,523,109
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,523,109
- --------------------------------------------------------------------------------
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
18.8%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
- --------------------- -------------------
CUSIP NO. 64115J106 13G PAGE 14 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Charles W. Newhall III
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 3,780,955
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,780,955
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,780,955
- --------------------------------------------------------------------------------
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
28.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
- --------------------- -------------------
CUSIP NO. 64115J106 13G PAGE 15 OF 28 PAGES
- --------------------- -------------------
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
C. Vincent Prothro
- --------------------------------------------------------------------------------
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
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 817,647
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
817,647
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
817,647
- --------------------------------------------------------------------------------
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
6.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
<PAGE>
ITEM 1(A). NAME OF ISSUER: NetSolve, Incorporated
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
12331 Riata Trace Parkway, Austin, Texas 78727
ITEM 2(A). NAMES OF PERSONS FILING:New Enterprise Associates IV, Limited
Partnership ("NEA IV"), Spectra Enterprise Associates, Limited
Partnership ("Spectra") and Southwest Enterprise Associates,
Limited Partnership ("SEA") (collectively, the "Funds"); NEA
Partners IV, Limited Partnership ("NEA Partners IV"), which is the
sole general partner of NEA IV, NEA Spectra Partners, Limited
Partnership ("Spectra Partners"), which is a general partner of
Spectra, and NEA Southwest Partners, Limited Partnership
("Southwest Partners"), which is a general partner of SEA
(collectively, the "GPLPs"); and Cornelius C. Bond, Jr. ("Bond"),
Frank A. Bonsal, Jr. ("Bonsal"), Nancy L. Dorman ("Dorman"), C.
Richard Kramlich ("Kramlich"), Arthur J. Marks ("Marks"), Thomas
C. McConnell ("McConnell"), Charles W. Newhall III ("Newhall"),
and C. Vincent Prothro ("Prothro") (collectively, the "General
Partners"). Bond, Kramlich, and Newhall are individual general
partners of each GPLP. Dorman and McConnell are individual general
partners of NEA Partners IV. Marks is an individual general
partner of NEA Partners and Spectra Partners. Prothro is an
individual general partner of SEA. The persons named in this
paragraph are referred to individually herein as a "Reporting
Person" and collectively as the "Reporting Persons."
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The
address of the principal business office of NEA IV, NEA Partners
IV, Spectra, Spectra Partners, Bonsal, Cole, Dorman, Harvey, Marks
and Newhall is New Enterprise Associates, 1119 St. Paul Street,
Baltimore, Maryland 21202. The address of the principal business
office of Bond, Kramlich and McConnell is New Enterprise
Associates, 2490 Sand Hill Road, Menlo Park, California 94025. The
address of the principle business office of SEA is 14305 Inwood
Road, Suite 101, Dallas, Texas 75244. The address of the principal
business office of Prothro is Dallas Semiconductor, 4401 Beltwood
Parkway South, Dallas, Texas 75244.
ITEM 2(C). CITIZENSHIP: Each of NEA IV, NEA Partners IV, Spectra, Spectra
Partners, SEA and Southwest Partners is a limited partnership
organized under the laws of the State of Delaware. Each of the
General Partners is a United States citizen.
ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value
("Common Stock").
ITEM 2(E). CUSIP NUMBER: 64115J106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TOSS.SS.240.13D-
1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON
FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of
the Securities Exchange Act of 1934 (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.
<PAGE>
(d) [ ] Investment Company registered under Section 8 of
the Investment Company Act of 1940.
(e) [ ] Investment Adviser in accordance
with ss.240.13d-1(b)(1)(ii)(E).
(f) [ ] An employee benefit plan or endowment fund in
accordance with ss.240.13d-1(b)(1)(ii)(F).
(g) [ ] A Parent Holding Company, in accordance
with ss.240.13d-1(b)(1)(ii)(G).
(h) [ ] A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act.
(i) [ ] A church plan that is excluded from the
definition of an investment company under
section 3(c)(14) of the Investment Company Act
of 1940.
(j) [ ] Group, in accordance
with ss.240.13d-1(b)(1)(ii)(J).
Not applicable. This Schedule 13G is not being filed
pursuant to Rule 13d-1(b) or Rule 13d-2(b) or (c).
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned: NEA IV is the record owner of
2,523,109 shares of Common Stock (the "NEA IV Shares") as
of December 31, 1999. Spectra is the record owner of
440,199 shares of Common Stock as of December 31, 1999 (the
"Spectra Shares"). SEA is the record owner of 817,647
shares of Common Stock as of December 31, 1999 (the "SEA
Shares"). As the sole general partner of NEA IV, NEA
Partners IV may be deemed to own beneficially the NEA IV
Shares. As a general partner of Spectra, NEA Spectra
Partners may be deemed to own beneficially the Spectra
Shares. As general partners of SEA, NEA Southwest Partners
and Prothro may be deemed to own beneficially the SEA
Shares. By virtue of their relationship as affiliated
limited partnerships, certain of whose general partners
share some of the same individual general partners, each
Fund and GPLP may be deemed to share the power to direct
the disposition and vote of the NEA IV Shares, the Spectra
Shares, and the SEA Shares for an aggregate of 3,780,955
shares (the "Record Shares"). By virtue of their
relationship as affiliated limited partnerships, who have
overlapping individual general partners, each GPLP may be
deemed to share the power to direct the disposition and
vote of the Record Shares.
As individual general partners of each of the GPLPs, Bond,
Kramlich and Newhall may be deemed to own beneficially all
of the Record Shares. As individual general partners of NEA
Partners IV, which is the sole general partner of NEA IV,
Dorman and McConnell may be deemed to own beneficially the
NEA IV Shares. As individual general partners of NEA
Partners IV and Spectra Partners, which is a general
partner of Spectra, Marks may be deemed to own beneficially
both the NEA IV Shares and the Spectra Shares. As an
individual general partner of SEA, Prothro may be deemed to
own beneficially the SEA Shares. As an individual general
partner
<PAGE>
of Southwest Partners, which is a general partner of SEA,
Bonsal may be deemed to beneficially own the SEA Shares.
(b) Percent of Class: The Funds, GPLPs, Bond, Kramlich and
Newhall: 28.1%. Marks: 22.0%. Dorman and McConnell: 18.8%.
Bonsal and Prothro: 6.1%. The foregoing percentages are
calculated based on the 13,454,570 shares of Common Stock
reported to be outstanding in the Quarterly Report on Form
10-Q of NetSolve, Incorporated for the quarter ended
September 30, 1999.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0 shares
for each Reporting Person.
(ii) shared power to vote or to direct the vote: 3,780,955
shares for the Funds, GPLPs, Bond, Kramlich and
Newhall. 2,963,308 for Marks. 2,523,109 shares for
Dorman and McConnell. 817,647 shares for Bonsal and
Prothro.
(iii) sole power to vote or to direct the vote: 0 shares
for each Reporting Person.
(iv) shared power to dispose or to direct the disposition
of: 3,780,955 shares for the Funds, GPLPs, Bond,
Kramlich and Newhall. 2,963,308 for Marks. 2,523,109
shares for Dorman and McConnell. 817,647 shares for
Bonsal and Prothro.
Each Reporting Person disclaims beneficial ownership of such
shares of Common Stock except for the shares, if any, such
Reporting Person holds of record.
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. The Reporting Persons expressly disclaim
membership in a "group" as used in Rule 13d-1(b)(ii)(H).
<PAGE>
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable. This statement on Schedule 13G is not filed
pursuant to Rule 13d-1(b) or Rule 13d-1(c).
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 10, 2000
NEW ENTERPRISE ASSOCIATES IV, LIMITED PARTNERSHIP
By: NEA PARTNERS IV, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS IV, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
SPECTRA ENTERPRISE ASSOCIATES, LIMITED PARTNERSHIP
By: NEA SPECTRA PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA SPECTRA PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
<PAGE>
SOUTHWEST ENTERPRISE ASSOCIATES, LIMITED PARTNERSHIP
By: NEA SOUTHWEST PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA SOUTHWEST PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
*
- --------------------------------
Cornelius C. Bond, Jr.
*
- --------------------------------
Frank A. Bonsal, Jr.
*
- --------------------------------
C. Richard Kramlich
*
- --------------------------------
Arthur J. Marks
*
- --------------------------------
Thomas C. McConnell
*
- --------------------------------
Charles W. Newhall III
*
- --------------------------------
C. Vincent Prothro
<PAGE>
*By:
-----------------------------------
Nancy L. Dorman, in her individual
capacity and as Attorney-in-Fact
- --------------------------------------------------------------------------------
This Schedule 13G was executed by Nancy L. Dorman pursuant to Power of Attorney
filed with the Securities and Exchange Commission on February 13, 1992 in
connection with a Schedule 13G for Advanced Interventional Systems Inc., which
Power of Attorney is incorporated herein by reference and a copy of which is
attached hereto as Exhibit 2.
EXHIBIT 1
---------
AGREEMENT
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13G need be filed with respect to the ownership by each of
the undersigned of shares of Common Stock of NetSolve, Incorporated.
EXECUTED as a sealed instrument this 10th day of February, 2000.
NEW ENTERPRISE ASSOCIATES IV, LIMITED PARTNERSHIP
By: NEA PARTNERS IV, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS IV, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
SPECTRA ENTERPRISE ASSOCIATES, LIMITED PARTNERSHIP
By: NEA SPECTRA PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA SPECTRA PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
<PAGE>
SOUTHWEST ENTERPRISE ASSOCIATES, LIMITED PARTNERSHIP
By: NEA SOUTHWEST PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA SOUTHWEST PARTNERS, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
*
- --------------------------------
Cornelius C. Bond, Jr.
*
- --------------------------------
Frank A. Bonsal, Jr.
*
- --------------------------------
C. Richard Kramlich
*
- --------------------------------
Arthur J. Marks
*
- --------------------------------
Thomas C. McConnell
*
- --------------------------------
Charles W. Newhall III
*
- --------------------------------
C. Vincent Prothro
<PAGE>
*By:
-----------------------------------
Nancy L. Dorman, in her individual
capacity and as Attorney-in-Fact
- --------------------------------------------------------------------------------
This Schedule 13G was executed by Nancy L. Dorman pursuant to Power of Attorney
filed with the Securities and Exchange Commission on February 13, 1992 in
connection with a Schedule 13G for Advanced Interventional Systems Inc., which
Power of Attorney is incorporated herein by reference and a copy of which is
attached hereto as Exhibit 2.
EXHIBIT 2
---------
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Nancy L. Dorman and Charles W. Newhall
III, and each of them, with full power to act without the other, his true and
lawful attorney-in-fact, with full power of substitution, to sign any and all
instruments, certificates and documents that may be necessary, desirable or
appropriate to be executed on behalf of himself as an individual or in his
capacity as a general partner of any partnership, pursuant to section 13 or 16
of 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 Exchange Act or by the By-laws of the National Association of
Securities Dealers, Inc., granting unto said attorney-in-fact full power and
authority to do and perform each and every act and thing necessary, desirable or
appropriate, fully to all intents and purposes as he might or could do in
person, thereby ratifying and confirming all that said attorney-in-fact, or his
substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 23rd
day of April, 1991.
/s/ Raymond L. Bank
---------------------------------------
Raymond L. Bank
/s/ Thomas R. Baruch
---------------------------------------
Thomas R. Baruch
/s/ Cornelius C. Bond, Jr.
---------------------------------------
Cornelius C. Bond, Jr.
/s/ Frank A. Bonsal, Jr.
---------------------------------------
Frank A. Bonsal, Jr.
/s/ James A. Cole
---------------------------------------
James A. Cole
<PAGE>
/s/ Nancy L. Dorman
---------------------------------------
Nancy L. Dorman
/s/ Neal M. Douglas
---------------------------------------
Neal M. Douglas
/s/ John W. Glynn, Jr.
---------------------------------------
John W. Glynn, Jr.
/s/ Curran W. Harvey
---------------------------------------
Curran W. Harvey
/s/ Ronald Kase
---------------------------------------
Ronald Kase
/s/ C. Richard Kramlich
---------------------------------------
C. Richard Kramlich
/s/ Robert F. Kuhling
---------------------------------------
Robert F. Kuhling
/s/ Arthur J. Marks
---------------------------------------
Arthur J. Marks
/s/ Thomas C. McConnell
---------------------------------------
Thomas C. McConnell
/s/ Donald L. Murfin
---------------------------------------
Donald L. Murfin
/s/ H. Leland Murphy
---------------------------------------
H. Leland Murphy
<PAGE>
/s/ John M. Nehra
---------------------------------------
John M. Nehra
/s/ Charles W. Newhall III
---------------------------------------
Charles W. Newhall III
/s/ Terry L. Opdendyk
---------------------------------------
Terry L. Opdendyk
/s/ Barbara J. Perrier
---------------------------------------
Barbara J. Perrier
/s/ C. Vincent Prothro
---------------------------------------
C. Vincent Prothro
/s/ C. Woodrow Rea, Jr.
---------------------------------------
C. Woodrow Rea, Jr.
/s/ Howard D. Wolfe, Jr.
---------------------------------------
Howard D. Wolfe, Jr.
/s/ Nora M. Zietz
---------------------------------------
Nora M. Zietz
