-----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, WSe2o41KuRG1m/vNBt6YQbd+HDH/HlNus2ggcfSAnyIcKjem9TpHiDiz12Nt/xlG a13cEbzuS5Kh+hD3jKQxcw== 0000950129-00-000614.txt : 20000215 0000950129-00-000614.hdr.sgml : 20000215 ACCESSION NUMBER: 0000950129-00-000614 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 GROUP MEMBERS: AUSTIN VENTRUES VI AFFILIATES FUND, L.P. GROUP MEMBERS: AUSTIN VENTURES IV A LP GROUP MEMBERS: AUSTIN VENTURES IV-B, L.P. GROUP MEMBERS: AUSTIN VENTURES VI, L.P. GROUP MEMBERS: AV PARTNERS IV, L.P. GROUP MEMBERS: AV PARTNERS VI, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CROSSROADS SYSTEMS INC CENTRAL INDEX KEY: 0001093207 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 742846643 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-57603 FILM NUMBER: 542157 BUSINESS ADDRESS: STREET 1: 9390 RESEARCH BOULEVARD SUITE II-300 CITY: AUSTIN STATE: TX ZIP: 78759 BUSINESS PHONE: 5123490300 MAIL ADDRESS: STREET 1: 9390 RESEARCH BOULEVARD SUITE II-300 CITY: AUSTIN STATE: TX ZIP: 78759 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AUSTIN VENTURES IV A LP CENTRAL INDEX KEY: 0001106472 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 742717230 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 114 WEST SEVENTH STREET SUITE 1300 CITY: AUSTIN STATE: TX ZIP: 78701 SC 13G 1 AUSTIN VENTURES IV-A, L.P. FOR CROSSROADS SYSTEMS 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Crossroads Systems, Inc. (Name of Issuer) Common Stock, par value $.001 per share (Title of Class of Securities) 22765D100 (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). 2 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 2 of 12 pages - ------------------- ------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Austin Ventures IV-A, L.P. I.R.S. Identification Nos. of Above Persons (Entities Only): - ------------------------------------------------------------------------------- 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: Delaware - ------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power: Beneficially Owned by Each 2,026,210 Reporting Person With: ----------------------------------------------- 6. Shared Voting Power: 0 ----------------------------------------------- 7. Sole Dispositive Power: 2,026,210 ----------------------------------------------- 8. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,026,210 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 7.6% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): PN - ------------------------------------------------------------------------------- 3 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 3 of 12 pages - ------------------- ------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Austin Ventures IV-B, L.P. I.R.S. Identification Nos. of Above Persons (Entities Only): - ------------------------------------------------------------------------------- 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: Delaware - ------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power: Beneficially Owned by Each 4,250,963 Reporting Person With: ----------------------------------------------- 6. Shared Voting Power: 0 ----------------------------------------------- 7. Sole Dispositive Power: 4,250,963 ----------------------------------------------- 8. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 4,250,963 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 16.0% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): PN - ------------------------------------------------------------------------------- 4 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 4 of 12 pages - ------------------- ------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: AV Partners IV, L.P. I.R.S. Identification Nos. of Above Persons (Entities Only): - ------------------------------------------------------------------------------- 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: Delaware - ------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power: Beneficially Owned by Each 6,277,173 Reporting Person With: ----------------------------------------------- 6. Shared Voting Power: 0 ----------------------------------------------- 7. Sole Dispositive Power: 6,277,173 ----------------------------------------------- 8. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 6,277,173 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 23.6% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): PN - ------------------------------------------------------------------------------- 5 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 5 of 12 pages - ------------------- ------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Austin Ventures VI, L.P. I.R.S. Identification Nos. of Above Persons (Entities Only): - ------------------------------------------------------------------------------- 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: Delaware - ------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power: Beneficially Owned by Each 291,793 Reporting Person With: ----------------------------------------------- 6. Shared Voting Power: 0 ----------------------------------------------- 7. Sole Dispositive Power: 291,793 ----------------------------------------------- 8. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 291,793 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 1.1% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): PN - ------------------------------------------------------------------------------- 6 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 6 of 12 pages - ------------------- ------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Austin Ventures VI Affiliates Fund, L.P. I.R.S. Identification Nos. of Above Persons (Entities Only): - ------------------------------------------------------------------------------- 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: Delaware - ------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power: Beneficially Owned by Each 8,206 Reporting Person With: ----------------------------------------------- 6. Shared Voting Power: 0 ----------------------------------------------- 7. Sole Dispositive Power: 8,206 ----------------------------------------------- 8. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 8,206 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 0.0% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): PN - ------------------------------------------------------------------------------- 7 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 7 of 12 pages - ------------------- ------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Austin Ventures VI Affiliates Fund, L.P. I.R.S. Identification Nos. of Above Persons (Entities Only): - ------------------------------------------------------------------------------- 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: Delaware - ------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power: Beneficially Owned by Each 299,999 Reporting Person With: ----------------------------------------------- 6. Shared Voting Power: 0 ----------------------------------------------- 7. Sole Dispositive Power: 299,999 ----------------------------------------------- 8. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 299,999 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 1.1% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): PN - ------------------------------------------------------------------------------- 8 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 8 of 12 pages - ------------------- ------------------- Item 1 (a). Name of Issuer: Crossroads Systems, Inc. (b). Address of Issuer's Principal Executive Offices: 9390 Research Boulevard, Suite-II-300 Austin, Texas 78759 Item 2 (a)-(c). Name, Address and Citizenship of Person Filing: (1) Austin Ventures IV-A, L.P. 114 West Seventh Street Suite 1300 Austin, Texas 78701 Citizenship: Delaware (2) Austin Ventures IV-B, L.P. 114 West Seventh Street Suite 1300 Austin, Texas 78701 Citizenship: Delaware (3) AV Partners IV, L.P. 114 West Seventh Street Suite 1300 Austin, Texas 78701 Citizenship: Delaware (4) Austin Ventures VI, L.P. 114 West Seventh Street Suite 1300 Austin, Texas 78701 Citizenship: Delaware (5) Austin Ventures VI Affiliates Fund, L.P. 114 West Seventh Street Suite 1300 Austin, Texas 78701 Citizenship: Delaware (6) AV Partners VI, L.P. 114 West Seventh Street Suite 1300 Austin, Texas 78701 Citizenship: Delaware (d). Title of Class of Securities: Common Stock, par value $.001 per share (e). CUSIP Number: 22765D100 9 SCHEDULE 13G - ------------------- ------------------- CUSIP No. 22765D100 Page 9 of 12 pages - ------------------- ------------------- Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 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); (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 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 Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. The information in items 1 and 5 through 11 on the cover pages (pp. 2-7) on Schedule 13G is hereby incorporated by reference. Austin Ventures IV-A, L.P., a Delaware limited partnership, owns 2,026,210 shares of the Common Stock of Crossroads Systems, Inc. Austin Ventures IV-B, L.P., a Delaware limited partnership, owns 4,250,963 shares of the Common Stock of Crossroads Systems, Inc. AV Partners IV, L.P., a Delaware limited partnership, is the general partner of both Austin Ventures IV-A, L.P. and Austin Ventures IV-B, L.P., and as such, may be deemed to be the beneficial owner of 6,277,173 shares of Common Stock of Crossroads Systems, Inc. Austin Ventures VI, L.P., a Delaware limited partnership, owns 291,793 shares of Common Stock of Crossroads Systems, Inc. Austin Ventures VI Affiliates Fund, L.P., a Delaware limited partnership, owns 8,206 shares of Common Stock of Crossroads Systems, Inc. AV Partners VI, L.P., a Delaware limited partnership, is the general partner of both Austin Ventures VI, L.P. and Austin Ventures VI Affiliates Fund, L.P., and as such, may be deemed to be the beneficial owner of 299,999 shares of Common Stock of Crossroads Systems, Inc. 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. 10 SCHEDULE 13G - ------------------- -------------------- CUSIP No. 22765D100 Page 10 of 12 pages - ------------------- -------------------- 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. Certifications. Not applicable. 11 SCHEDULE 13G - ------------------- -------------------- CUSIP No. 22765D100 Page 11 of 12 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. February 14, 2000 (Date) AUSTIN VENTURES IV-A, L.P. By: AV PARTNERS IV, L.P., its general partner, By: /s/ KENNETH P. DeANGELIS -------------------------------------- Name: Kenneth P. DeAngelis Title: General Partner AUSTIN VENTURES IV-B, L.P. By: AV PARTNERS IV, L.P., its general partner, By: /s/ KENNETH P. DeANGELIS -------------------------------------- Name: Kenneth P. DeAngelis Title: General Partner AV PARTNERS IV, L.P. By: /s/ KENNETH P. DeANGELIS -------------------------------------- Name: Kenneth P. DeAngelis Title: General Partner 12 SCHEDULE 13G - ------------------- -------------------- CUSIP No. 22765D100 Page 12 of 12 pages - ------------------- -------------------- AUSTIN VENTURES VI, L.P. By: AV PARTNERS VI, L.P., its general partner, By: /s/ KENNETH P. DeANGELIS -------------------------------------- Name: Kenneth P. DeAngelis Title: General Partner AUSTIN VENTURES VI AFFILIATES FUND, L.P. By: AV PARTNERS VI, L.P., its general partner, By: /s/ KENNETH P. DeANGELIS -------------------------------------- Name: Kenneth P. DeAngelis Title: General Partner AV PARTNERS VI, L.P. By: /s/ KENNETH P. DeANGELIS -------------------------------------- Name: Kenneth P. DeAngelis Title: General Partner -----END PRIVACY-ENHANCED MESSAGE-----