<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
SCIENTIFIC LEARNING CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $0.001 Par Value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
808760 10 2
-----------
(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 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).
Page 1 of 7 Pages
<PAGE>
- --------------------- -----------------
CUSIP No. 808760 10 2 13G Page 2 of 7 Pages
- --------------------- -----------------
- ---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Warburg, Pincus Ventures, L.P. (IRS# 13-3784037)
- ---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
3,661,638
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 3,661,638
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,661,638
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
34.5%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- --------------------- -----------------
CUSIP No. 808760 10 2 13G Page 3 of 7 Pages
- --------------------- -----------------
- ---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
E.M. Warburg, Pincus & Co., LLC (IRS# 13-3536050)
- ---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
-0-
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,661,638
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,661,638
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,661,638
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
34.5%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- ---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- --------------------- -----------------
CUSIP No. 808760 10 2 13G Page 4 of 7 Pages
- --------------------- -----------------
- ---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Warburg, Pincus & Co. (IRS# 13-6358475)
- ---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
-0-
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,661,638
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,661,638
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,661,638
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
34.5%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
- --------- --------------
Scientific Learning Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
- --------- -----------------------------------------------
1995 University Avenue, Suite 400
Berkeley, California 94704
Item 2(a) Name of Person Filing; Address of
- --------- ---------------------------------
and 2(b). Principal Business Office:
- -------- -------------------------
This statement is filed by and on behalf of
(a) Warburg, Pincus Ventures, L.P., a
Delaware limited partnership ("WPV"); (b)
Warburg, Pincus & Co., a New York general
partnership ("WP"); and (c) E.M. Warburg
Pincus & Co., LLC, a New York limited
liability company ("EMW LLC"), which manages
WPV. WP is the sole general partner of WPV.
Lionel I. Pincus is the managing partner of
WP and the managing member of EMW LLC and
may be deemed to control both WP and EMW
LLC. The members of EMW LLC are
substantially the same as the partners of
WP. The business address of each of the
foregoing is 466 Lexington Avenue, New York,
New York 10017.
Item 2(c). Citizenship:
- --------- -----------
Not Applicable
Item 2(d). Title of Class of Securities:
- --------- ----------------------------
Common Stock, par value $0.001 per share (the "Common
Stock").
Item 2(e). CUSIP Number:
- --------- ------------
808760 10 2
Item 3. Not Applicable
Item 4. Ownership of WPV:
- ------ ----------------
(a) 3,661,638 shares of Common Stock, as of December 31,
1999.(1)
- ----------
(1) In July, 1999, WPV converted all its preferred shares into 3,544,972 shares
of Common Stock and 116,666 warrants to purchase Common Stock at $9.00 per
share.
Page 5 of 7 Pages
<PAGE>
(b) 34.5%
(c) (i) 3,661,638
(ii) -0-
(iii) 3,661,638
(iv) -0-
Ownership of WP and EMW LLC:
----------------------------
(a) 3,661,638 shares of Common Stock, as of December 31,
1999.
(b) 34.5%
(c) (i) -0-
(ii) 3,661,638
(iii) -0-
(iv) 3,661,638
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
Item 9. Notice of Dissolution of Group:
- ------ ------------------------------
Not Applicable
Item 10. Certification:
- ------- -------------
Not Applicable
Page 6 of 7 Pages
<PAGE>
SIGNATURE
---------
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 14, 2000 WARBURG, PINCUS VENTURES, L.P.
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Stephen Distler
------------------------------
Name: Stephen Distler
Title: Partner
Dated: February 14, 2000 E.M. WARBURG, PINCUS & CO. LLC
By: /s/ Stephen Distler
------------------------------
Name: Stephen Distler
Title: Member
Dated: February 14, 2000 WARBURG, PINCUS & CO.
By: /s/ Stephen Distler
------------------------------
Name: Stephen Distler
Title: Partner
Page 7 of 7 Pages
<PAGE>
EXHIBITS
--------
Exhibit I Joint Filing Agreement, dated February 14, 2000, among the
signatories to this Schedule 13G.
<PAGE>
Exhibit I
JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)(1)
----------------------------
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that it knows or has reason to believe that such
information is inaccurate. This Agreement may be executed in any number of
counterparts and all of such counterparts taken together shall constitute one
and the same instrument.
WARBURG, PINCUS VENTURES, L.P.
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Stephen Distler
------------------------------
Stephen Distler, Partner
WARBURG, PINCUS & CO.
By: /s/ Stephen Distler
------------------------------
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
By: /s/ Stephen Distler
------------------------------
Stephen Distler, Member
