<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(AMENDMENT NO. 1)(1)
FAXSAV, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
31210L 10 4
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(CUSIP Number)
Check the following box if a fee is being paid with the statement / /.
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should
be filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
(Continued on following pages)
(Page 1 of 13 Pages)
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(1) 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).
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CUSIP NO. 31210L 10 4 13G Page 2 of 13 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SIERRA VENTURES III, A CALIFORNIA LIMITED PARTNERSHIP ("SIERRA
III") 94-3054838
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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
CALIFORNIA LIMITED PARTNERSHIP
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5 SOLE VOTING POWER -0-
NUMBER OF ---------------------------------------------------
SHARES 6 SHARED VOTING POWER 687,682
BENEFICIALLY
OWNED BY ---------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH ---------------------------------------------------
8 SHARED DISPOSITIVE POWER 687,682
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 687,682
REPORTING PERSON
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) / /
EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.95%
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12 TYPE OF REPORTING PERSON* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 31210L 10 4 13G Page 3 of 13 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SV ASSOCIATES III, L.P. ("SV ASSOCIATES III") 94-3056079
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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
CALIFORNIA LIMITED PARTNERSHIP
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5 SOLE VOTING POWER -0-
---------------------------------------------------
6 SHARED VOTING POWER
694,598 SHARES OF WHICH 687,682 SHARES ARE
DIRECTLY OWNED BY SIERRA III AND 6,916
SHARES ARE DIRECTLY OWNED BY SIERRA
VENTURES III INTERNATIONAL, A DELAWARE
LIMITED PARTNERSHIP ("SIERRA III
INTERNATIONAL"). SV ASSOCIATES III IS THE
NUMBER OF GENERAL PARTNER OF SIERRA III AND SIERRA
SHARES III INTERNATIONAL.
BENEFICIALLY ---------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER -0-
EACH
REPORTING ---------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
694,598 SHARES OF WHICH 687,682 SHARES ARE
DIRECTLY OWNED BY SIERRA III AND 6,916
SHARES ARE DIRECTLY OWNED BY SIERRA
VENTURES III INTERNATIONAL, A DELAWARE
LIMITED PARTNERSHIP ("SIERRA III
INTERNATIONAL"). SV ASSOCIATES III IS THE
GENERAL PARTNER OF SIERRA III AND SIERRA
III INTERNATIONAL.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 694,598
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) / /
EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.0%
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12 TYPE OF REPORTING PERSON* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 31210L 10 4 13G Page 4 of 13 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SIERRA VENTURES V, A CALIFORNIA LIMITED PARTNERSHIP ("SIERRA V")
94-3222153
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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
CALIFORNIA LIMITED PARTNERSHIP
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5 SOLE VOTING POWER -0-
NUMBER OF ---------------------------------------------------
SHARES 6 SHARED VOTING POWER 338,162
BENEFICIALLY
OWNED BY ---------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH ---------------------------------------------------
8 SHARED DISPOSITIVE POWER 338,162
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 338,162
REPORTING PERSON
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) / /
EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.0%
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12 TYPE OF REPORTING PERSON* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 31210L 10 4 13G Page 5 of 13 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SV ASSOCIATES V, L.P. ("SV ASSOCIATES V") 94-3222154
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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
CALIFORNIA LIMITED PARTNERSHIP
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5 SOLE VOTING POWER -0-
---------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF 338,162 shares directly owned by Sierra V.
SHARES SV Associates V is the general partner of
BENEFICIALLY Sierra V.
OWNED BY ---------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
338,162 shares directly owned by Sierra V.
SV Associates V is the general partner of
Sierra V.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 338,162
REPORTING PERSON
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) / /
EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.0%
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12 TYPE OF REPORTING PERSON* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 6 of 13 Pages
ITEM 1(A) NAME OF ISSUER:
FaxSav, Inc.
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
399 Thornall Street
Edison, NJ 08837
ITEM 2(A) NAME OF PERSON FILING:
This amended statement is being filed by SV Associates III,
L.P., a California limited partnership ("SV Associates III")
and SV Associates V, L.P., a California limited partnership
("SV Associates V"), each of whose principal business is 3000
Sand Hill Road, Building Four, Suite 210, Menlo Park,
California 94025. SV Associates III is general partner to
Sierra Ventures III, L.P., a California Limited Partnership
("Sierra III") and Sierra Ventures III International, a
California Limited Partnership ("Sierra III International").
SV Associates V is general partner to Sierra Ventures V,
L.P., a California Limited Partnership ("Sierra V").With
respect to SV Associates III and SV Associates V, this
amended statement relates only to their indirect, beneficial
ownership of shares of Common Stock of FaxSav, Inc. (the
"Shares"). The Shares are held directly by Sierra III, Sierra
III International and Sierra V, respectively, and SV
Associates III and SV Associates V do not directly or
otherwise hold any Shares. Management of the Business affairs
of SV Associates III and SV Associates V, including decisions
respecting disposition and/or voting of the Shares, is by
majority decision of the general partners of SV Associates
III and SV Associates V listed on Exhibit B hereto. Each
individual general partner disclaims beneficial ownership of
the Shares.
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICES OR, IF NONE, RESIDENCE:
See Above.
ITEM 2(C) CITIZENSHIP
See Above
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E) CUSIP NUMBER:
31210L 10 4
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP.
Please see Rows 5-11 of cover pages.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
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Page 7 of 13 Pages
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Under certain circumstances set forth in the limited
partnership agreements of Sierra III, Sierra III
International, Sierra V, SV Associates III and SV Associates
V, the general and limited partners of such entities may have
the right to receive dividends from, or the proceeds from the
sale of shares of Common Stock of FaxSav, Inc. held by such
entity. No such partner's rights relate to more than five
percent of the class.
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.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
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Page 8 of 13 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
I certify that that information set forth in this statement is true, complete
and correct.
Date: February 11, 1999
SV ASSOCIATES III, L.P.
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
SIERRA VENTURES III, A
CALIFORNIA LIMITED
PARTNERSHIP
By SV Associates III, L.P., its
General Partner
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
SV ASSOCIATES V, L.P.
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
<PAGE>
Page 9 of 13 Pages
SIERRA VENTURES V, A CALIFORNIA LIMITED
PARTNERSHIP
By SV Associates V, L.P., its
General Partner
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
<PAGE>
Page 10 of 13 Pages
EXHIBIT INDEX
<TABLE>
<CAPTION>
Found on
Sequentially
Exhibit Numbered Page
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<S> <C>
Exhibit A: Agreement of Joint Filing 11
Exhibit B: List of General Partners of SV Associates III, L.P. 13
and SV Associates V, L.P.
</TABLE>
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Page 11 of 13 Pages
EXHIBIT A
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Agreement of Joint Filing
The undersigned hereby agree that they are filing jointly pursuant
to Rule 13d-1 of the Act the statement dated February 11, 1999, containing
the information required by Schedule 13G, for the Shares of the Common Stock
of FaxSav, Inc. held by Sierra Ventures III, L.P., a California Limited
Partnership, Sierra Ventures III International, a Delaware Limited
Partnership, and Sierra Ventures V, L.P., a California Limited Partnership.
February 11, 1999
SV ASSOCIATES III, L.P.
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
SIERRA VENTURES III, A CALIFORNIA LIMITED
PARTNERSHIP
By SV Associates III, L.P., its
General Partner
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
SV ASSOCIATES V, L.P.
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
<PAGE>
Page 12 of 13 Pages
SIERRA VENTURES V, A CALIFORNIA LIMITED
PARTNERSHIP
By SV Associates V, L.P., its
General Partner
By: /s/ Peter C. Wendell
-----------------------------
Peter C. Wendell
General Partner
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Page 13 of 13 Pages
EXHIBIT B
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GENERAL PARTNERS OF SV ASSOCIATES III AND SV ASSOCIATES V, L.P.
Set forth below, with respect to each general partners of SV
Associates III, L.P. and SV Associates V, L.P. is the following: (a) name;
(b) business address and (c) citizenship.
1. (a) Peter C. Wendell
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
2. (a) Jeffrey M. Drazan
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
3. (a) Petri Vainio
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
