DRAPER FISHER ASSOCIATES FUND III LP
SC 13G, 2000-02-14
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<PAGE>

                                 United States
                      Securities and Exchange Commission
                             Washington, DC  20549

                      ----------------------------------
                                 Schedule 13G

                   Under the Securities Exchange Act of 1934

                     (Amendment No. __________________) *

                                  Tumbleweed
                        ------------------------------
                               (Name of Issuer)

                         Common Stock, .001 Par Value
                      ----------------------------------
                        (Title of Class of Securities)

                                   899690101
                                   ---------
                                (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
persons' 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>

CUSIP NUMBER 899690101

- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Draper Fisher Associates Fund III, L.P.
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [X]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.  Citizenship or Place of Organization

           California
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           1,621,499

6.   Shared Voting Power

           0

7.   Sole Dispositive Power

           1,621,499

8.   Shared Dispositive Power

           0
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)

           PN
- --------------------------------------------------------------------------------

                                       2
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Draper Fisher Management Company III, LLC
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [X]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

           California
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           0

6.   Shared Voting Power

           1,621,499

7.   Sole Dispositive Power

           0

8.   Shared Dispositive Power

           1,621,499
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
10.  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
     Instructions)

           [x]
- --------------------------------------------------------------------------------
11.  Percent of Class Represented by Amount in Row (9)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)

           OO
- --------------------------------------------------------------------------------

                                       3
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Timothy C. Draper
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [X]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

           United States
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           0

6.   Shared Voting Power

           1,866,694

7.   Sole Dispositive Power

           0

8.   Shared Dispositive Power

           1,866,694
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)

           IN
- --------------------------------------------------------------------------------

                                       4
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           John H.N. Fisher
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [x]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

           United States

- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           0

6.   Shared Voting Power

           1,726,836

7.   Sole Dispositive Power

           0

8.   Shared Dispositive Power

           1,726,836
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)

           IN
- --------------------------------------------------------------------------------

                                       5
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Stephen T. Jurvetson
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [x]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

           United States
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           0

6.   Shared Voting Power

           1,726,836

7.   Sole Dispositive Power

           0

8.   Shared Dispositive Power

           1,726,836
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)

           IN
- --------------------------------------------------------------------------------

                                       6
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Draper Fisher Partners III, LLC
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [x]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

           California
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           105,337

6.   Shared Voting Power

           0

7.   Sole Dispositive Power

           105,337


8.   Shared Dispositive Power

           0
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)
           OO
- --------------------------------------------------------------------------------

                                       7
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Draper Associates, L.P.
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [x]
- --------------------------------------------------------------------------------
3.  SEC Use Only
- --------------------------------------------------------------------------------
4.  Citizenship or Place of Organization

           California
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           159,858

6.   Shared Voting Power

           0

7.   Sole Dispositive Power

           159,858

8.   Shared Dispositive Power

           0
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)

           PN
- --------------------------------------------------------------------------------

                                       8
<PAGE>

CUSIP NUMBER 899690101


- --------------------------------------------------------------------------------
1.   Name of Reporting Persons
     I.R.S. Identification Nos. of
     Persons (Entities Only)

           Draper Associates, Inc.
- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (see Instructions

     (a) [ ]
     (b) [x]
- --------------------------------------------------------------------------------
3.   SEC Use Only
- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

           California
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:

5.   Sole Voting Power

           0

6.   Shared Voting Power

           159,858

7.   Sole Dispositive Power

           0

8.   Shared Dispositive Power

           159,858
- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           1,866,694
- --------------------------------------------------------------------------------
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)

           8.7%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (see Instructions)
           CO
- --------------------------------------------------------------------------------

                                       9
<PAGE>

Item 1(a)  Name of Issuer:  Tumbleweed

Item 1(b)  Address of Issuer's principal executive offices:

            700 Saginaw Drive, Redwood City, CA  94063

Item 2(a)  Name of person filing:

            Draper Fisher Associates Fund III, L.P.
            Draper Fisher Management Company III, LLC
            Timothy C. Draper
            John H.N. Fisher
            Stephen T. Jurvetson
            Draper Fisher Partners III, LLC
            Draper Associates, L.P.
            Draper Associates, Inc.

 Item 2(b) Address of principal business office or, if none, residence:

            400 Seaport Court, Suite 250, Redwood City, CA  94063

 Item 2(c) Citizenship:

            Draper Fisher Associates Fund III, L.P.        California
            Draper Fisher Management
            Company III, LLC                               California
            Timothy C. Draper                              United States
            John H.N. Fisher                               United States
            Stephen T. Jurvetson                           United States
            Draper Fisher Partners III, LLC                California
            Draper Associates, L.P.                        California
            Draper Associates, Inc.                        California

Item 2(d)  Title of class of securities:          Common Stock

Item 2(e)  CUSIP No.:        899690101

Item 3.    If this statement is filed pursuant to (S) 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 act
               (15 u.s.c. 78o).

     (b)   [ ] Bank as defined in section 3(a)(6) of the act (15 u.s.c. 78c).

     (c)   [ ] Insurance company as defined in section 3(a)(19) of the act (15
               u.s.c. 78c).

     (d)   [ ] Investment company registered under section 8 of the investment
               company act of 1940 (15 u.s.c. 80a-8).

                                       10
<PAGE>

     (e)   [ ] An investment adviser in accordance with (S) 240.13d-
               1(b)(1)(ii)(e);

     (f)   [ ] An employee benefit plan or endowment fund in accordance with (S)
               240.13d-1(b)(1)(ii)(f);

     (g)   [ ] A parent holding company or control person in accordance with (S)
               240.13d-1(b)(1)(ii)(g);

     (h)   [ ] A savings association as defined in section 3(b) of the federal
               deposit insurance act (12 u.s.c. 1813);

     (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 (15 u.s.c. 80a-3);

     (j)   [ ] Group, in accordance with (S) 240.13d-1(b)(1)(ii)(j).

 Item 4.   Ownership. Provide the following information regarding the aggregate
           number and percentage of the class of securities of the issuer
           identified in Item 1.

     See rows 5 through 11 of cover pages.

 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 or
           Control Person.

                 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.  Certifications.

     By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were required were acquired and are held in the
ordinary course of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.

                                       11
<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 11, 2000                   Draper Fisher Associates Fund
                                           III, L.P.

                                            By: /s/ Tim Draper
                                              -----------------------------
                                              Name: Tim Draper
                                              Title: Managing Director

                                              Draper Fisher
                                              Management Company III, LLC


                                            By: /s/ Tim Draper
                                               -----------------------------
                                               Name: Tim Draper
                                               Title: Managing Director

                                            /s/ Tim Draper
                                            --------------------------------
                                            Timothy C. Draper

                                            /s/ John Fisher
                                            --------------------------------
                                            John H.N. Fisher

                                            /s/ Stephen Jurvetson
                                            --------------------------------
                                            Stephen T. Jurvetson


                                            Draper Fisher Partners III, LLC

                                            By: /s/ Tim Draper
                                               -----------------------------
                                               Name: Tim Draper
                                               Title: Managing Director

                                            Draper Associates, L.P.

                                            By: /s/ Tim Draper
                                               -----------------------------
                                               Name: Tim Draper
                                               Title: Managing Director

                                       12
<PAGE>

                                            Draper Associates, Inc.

                                            By: /s/ Tim Draper
                                               -----------------------------
                                               Name:  Tim Draper
                                               Title: Managing Director

                                       13
<PAGE>
                                 Exhibit Index

Exhibit    Description

99.1       Statement pursuant to Rule 13d-1(k)(1)(iii), filed herewith

                                       14

<PAGE>
                                 Exhibit 99.1

     Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules
and Regulations of the Securities and Exchange Commission under the Securities
and Exchange Act of 1934, as amended, the undersigned agrees that the statement
to which this Exhibit is attached is filed on behalf of each of them.

Dated:  February 11, 2000

                                    Draper Fisher Associates Fund III, L.P.

                                    By: /s/ Tim Draper
                                       --------------------------------
                                       Name:  Tim Draper
                                       Title: Managing Director

                                    Draper Fisher Management
                                    Company III, LLC

                                    By: /s/ Tim Draper
                                       --------------------------------
                                       Name:  Tim Draper
                                       Title: Managing Director

                                        /s/ Tim Draper
                                       --------------------------------
                                        Timothy C. Draper

                                        /s/ John Fisher
                                       --------------------------------
                                        John H.N. Fisher

                                        /s/ Stephen Jurvetson
                                       --------------------------------
                                        Stephen T. Jurvetson

                                        Draper Fisher Partners III, LLC

                                    By: /s/ Tim Draper
                                       ------------------------------
                                       Name:  Tim Draper
                                       Title: Managing Director
<PAGE>
                                       Draper Associates, L.P.

                                       By: /s/ Tim Draper
                                          --------------------------------
                                          Name:  Tim Draper
                                          Title: Managing Director


                                        Draper Associates, Inc.

                                        By: /s/ Tim Draper
                                           --------------------------------
                                           Name:  Tim Draper
                                           Title: Managing Director


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