-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LBLZbWLXigjsQAjgDqWEhBKycLfppA5YgDg5Z8mD0dXx+wFc6WHQNFib2IQbfkhC mHYtnb+qtgTkzVHRRNiyhg== 0000950005-01-000071.txt : 20010209 0000950005-01-000071.hdr.sgml : 20010209 ACCESSION NUMBER: 0000950005-01-000071 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FOUNDRY NETWORKS INC CENTRAL INDEX KEY: 0001090071 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770431154 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-58133 FILM NUMBER: 1527838 BUSINESS ADDRESS: STREET 1: 680 W MAUDE AVENUE STREET 2: SUITE 3 CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4085303300 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INSTITUTIONAL VENTURE PARTNERS VII CENTRAL INDEX KEY: 0001026919 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943244086 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3000 SAND HILL RD, BLDG 2 STREET 2: SUITE 290 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 4158540132 MAIL ADDRESS: STREET 1: 3000 SAND HILL RD STREET 2: BLDG 2, SUITE 290 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 0001.txt FORM SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. 1)* UNDER THE SECURITIES EXCHANGE ACT OF 1934 Foundry Networks, Inc. ("FDRY") ------------------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 35063R 10 0 ----------- (CUSIP Number) December 31, 2000 ----------------- (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) |X| Rule 13d-1(c) |_| 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 1 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 2 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Institutional Venture Partners VII, L.P. 94-3244086 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH none ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER none ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,634,454 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- Page 2 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 3 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Institutional Venture Management VII, L.P. 94-3244085 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH none ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER none ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,634,454 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 4 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS IVP Founders Fund I, L.P. 94-3231480 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH none ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER none ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,634,454 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 5 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Samuel D. Colella ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 89,218 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 89,218 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,723,672 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 6 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Reid W. Dennis ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 52,300 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 52,300 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,686,754 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 7 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Mary Jane Elmore ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 85,764 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 85,764 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,720,218 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 8 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Norman A. Fogelsong ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 80,567 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 80,567 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,715,021 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 17 Pages - --------------------- ------------------ CUSIP No. 35063R 10 0 13G Page 9 of 17 Pages - --------------------- ------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Ruthann Quindlen ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 56,861 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 56,861 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,691,315 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 17 Pages - --------------------- ------------------- CUSIP No. 35063R 10 0 13G Page 10 of 17 Pages - --------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS L. James Strand ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 122,007 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 122,007 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,756,461 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 17 Pages - --------------------- ------------------- CUSIP No. 35063R 10 0 13G Page 11 of 17 Pages - --------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS T. Peter Thomas ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 130,980 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 130,980 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,765,434 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 17 Pages - --------------------- ------------------- CUSIP No. 35063R 10 0 13G Page 12 of 17 Pages - --------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Geoffrey Y. Yang ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 198,842 ---------------------------------------------------- 6 SHARED VOTING POWER 4,634,454 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 198,842 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,634,454 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,833,296 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 17 Pages - --------------------- ------------------- CUSIP No. 35063R 10 0 13G Page 13 of 17 Pages - --------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS William P. Tai ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 51,375 ---------------------------------------------------- 6 SHARED VOTING POWER 4,514,702 ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER 51,375 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,514,702 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,366,077 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.7% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 17 Pages Item 1. (a) Name of Issuer: Foundry Networks, Inc. ("FDRY") (b) Address of Issuer's Principal Executive Offices: 2100 Gold Street, San Jose, CA 95002 Item 2. (a) Name of Persons Filing: Institutional Venture Partners VII, L.P. ("IVP") Institutional Venture Management VII, L.P. ("IVM") IVP Founders Fund I, L.P. ("FFI") Samuel D. Colella ("SDC") Reid W. Dennis ("RWD") Mary Jane Elmore ("MJE") Norman A. Fogelsong ("NAF") Ruthann Quindlen ("RAQ") L. James Strand ("LJS") William P. Tai ("WPT") T. Peter Thomas ("TPT") Geoffrey Y. Yang ("GYY") IVM is the General Partner of IVP. SDC, RWD, MJE, NAF, RAQ, LJS. WPT, TPT, & GYY are General Partners of IVM. (b) Address of Principal Business Office or, if None, Residence: 3000 Sand Hill Road Building 2, Suite 290 Menlo Park, CA 94025 (c) Citizenship: IVP & IVM & FFI: California SDC, RWD, MJE, NAF, RAQ, LJS, WPT, TPT, GYY: United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 35063R 10 0 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 See Rows 5 through 11 of cover pages Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |X|. Instruction. Dissolution of a group requires a response to this item. Page 14 of 17 Pages Item 6. Ownership of More than Five Percent on Behalf of Another Person Under certain circumstances set forth in IVP and IVM's Limited Partnership Agreements, the General Partners and Limited Partners of each of such funds have the right to receive dividends from, or the proceeds from the sale of, the Common Stock of Issuer owned by each such fund. 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 The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c):] By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. [EXHIBITS] [A: Joint Filing Statement] Page 15 of 17 Pages 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. Date: February 1, 2001 INSTITUTIONAL VENTURE PARTNERS VII By its General Partner, Institutional Venture Management VII IVP FOUNDERS FUND I By its General Partner, Institutional Venture Management VI INSTITUTIONAL VENTURE MANAGEMENT VII __________________________________ Geoffrey Y. Yang, General Partner __________________________________ Samuel D. Colella __________________________________ Reid W. Dennis __________________________________ Mary Jane Elmore __________________________________ Norman A. Fogelsong __________________________________ Ruthann Quindlen __________________________________ L. James Strand __________________________________ William P. Tai __________________________________ T. Peter Thomas __________________________________ Geoffrey Y. Yang Page 16 of 17 Pages EXHIBIT A JOINT FILING STATEMENT Pursuant to Rule 13d-1(f)(1), we, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us. Date: February 1, 2001 INSTITUTIONAL VENTURE PARTNERS VII By its General Partner, Institutional Venture Management VII IVP FOUNDERS FUND I By its General Partner, Institutional Venture Management VI INSTITUTIONAL VENTURE MANAGEMENT VII __________________________________ Geoffrey Y. Yang, General Partner __________________________________ Samuel D. Colella __________________________________ Reid W. Dennis __________________________________ Mary Jane Elmore __________________________________ Norman A. Fogelsong __________________________________ Ruthann Quindlen __________________________________ L. James Strand __________________________________ William P. Tai __________________________________ T. Peter Thomas __________________________________ Geoffrey Y. Yang Page 17 of 17 Pages -----END PRIVACY-ENHANCED MESSAGE-----