SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* SCHAEPE CHRISTOPHER J (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Riverbed Technology, Inc. [ RVBD ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 04/30/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/30/2007		J(1)		73,519(2)	D	$0	309,270	D(2)(7)
Common Stock	04/30/2007		J(1)		9,381(3)	D	$0	41,500	D(3)(7)
Common Stock	04/30/2007		J(1)		192,823(4)	D	$0	787,475	D(4)(7)
Common Stock	04/30/2007		J(1)		2,148,493(5)	D	$0	8,795,899	D(5)(7)
Common Stock	04/30/2007		J(1)		16,126(6)	D	$0	65,856	D(6)(7)
Common Stock	04/30/2007		J(8)		34,634	A	$0	34,634	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* SCHAEPE CHRISTOPHER J (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Venture Investors General Partner LLC (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Lightspeed Venture Partners Entrepreneur VI-A LP (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Lightspeed Venture Partners Entrepreneur VI LP (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Lightspeed Venture Partners VI Cayman LP (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Lightspeed Venture Partners VI-A LP (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Lightspeed Venture Partners VI LP (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Eggers Barry (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Mhatre Ravi (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* COGAN GILL (Last) (First) (Middle) 2200 SAND HILL ROAD (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Pro-rata distribution to partners by limited partnership.

2. Shares are held directly by Lightspeed Venture Partners Entrepreneur VI, L.P.

3. Shares are held directly by Lightspeed Venture Partners Entrepreneur VI-A, L.P.

4. Shares are held directly by Lightspeed Venture Partners VI Cayman, L.P.

5. Shares are held directly by Lightspeed Venture Partners VI, L.P.

6. Shares are held directly by Lightspeed Venture Partners VI-A, L.P.

7. The general partner of the Lightspeed entities is Venture Investors General Partner L.L.C. and the Members of the general partner are Christopher J. Schaepe, Gill Cogan, Barry Eggers, Ravi Mhatre, Peter Nieh and Carl Showalter. Each of the Members exercises shared voting and investment power over the shares held by the Lightspeed entities. Each Member disclaims beneficial ownership of the shares held by the Lightspeed entities except to the extent of his pecuniary interest therein.

8. The general partner of the Lightspeed entities received shares without additional consideration from Lightspeed Venture Partners Entrepreneur VI, L.P. (1,681 shares), Lightspeed Venture Partners Entrepreneur VI-A, L.P. (218 shares), Lightspeed Venture Partners VI Cayman, L.P. (4,404 shares), Lightspeed Venture Partners VI, L.P. (27,889 shares) and Lightspeed Venture Partners VI-A, L.P. (442 shares) in each case in pro rata distributions pursuant to partnership agreements.

Remarks:

This is the first of two Forms 4 filed by the Reporting Persons on this date to report transactions occurring on April 30, 2007 because there are more than 10 joint filers. Please see Exhibit 99.1 Joint Filer Information.

	/s/ Christopher J. Schaepe	05/02/2007
	/s/ Christopher J. Schaepe, Member, Venture Investors General Partner L.L.C., on behalf of Lightspeed Venture Partners Entrepreneur VI, L.P.	05/02/2007
	/s/ Christopher J. Schaepe, Member, Venture Investors General Partner L.L.C., on behalf of Lightspeed Venture Partners VI Cayman, LP.	05/02/2007
	/s/ Christopher J. Schaepe, Member, Venture Investors General Partner L.L.C., on behalf of Lightspeed Venture Partners Entrepreneur VI-A, L.P.	05/02/2007
	/s/ Christopher Schaepe, Member, Venture Investors General Partner L.L.C., on behalf of Lightspeed Venture Partners VI, L.P.	05/02/2007
	/s/ Christopher Schaepe, Member, Venture Investors General Partner L.L.C., on behalf of Lightspeed Venture Partners VI-A, L.P.	05/02/2007
	/s/ Christopher Schaepe, Member, on behalf of Venture Investors General Partner L.L.C.	05/02/2007
	/s/ Ravi Mhatre	05/02/2007
	/s/ Gill Cogan	05/02/2007
	/s/ Barry Eggers	05/02/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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