0001104659-12-005816.txt : 20120201 0001104659-12-005816.hdr.sgml : 20120201 20120201142654 ACCESSION NUMBER: 0001104659-12-005816 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120201 DATE AS OF CHANGE: 20120201 GROUP MEMBERS: ANDREW KAU GROUP MEMBERS: ASIAN VENTURE CAPITAL INVESTMENT CORP. GROUP MEMBERS: BRIAN CHIANG GROUP MEMBERS: HOCK VOON LOO GROUP MEMBERS: INTERNATIONAL VENTURE CAPITAL INVESTMENT CORP. GROUP MEMBERS: INTERNATIONAL VENTURE CAPITAL INVESTMENT III CORP. GROUP MEMBERS: LIP-BU TAN GROUP MEMBERS: MARY COLEMAN GROUP MEMBERS: PACVEN WALDEN VENTURES PARALLEL V-A C.V. GROUP MEMBERS: PACVEN WALDEN VENTURES PARALLEL V-B C.V. GROUP MEMBERS: PACVEN WALDEN VENTURES PARALLEL VI, L.P. GROUP MEMBERS: PACVEN WALDEN VENTURES V ASSOCIATES FUND, L.P. GROUP MEMBERS: PACVEN WALDEN VENTURES V-QP ASSOCIATES FUND, L.P. GROUP MEMBERS: PACVEN WALDEN VENTURES VI, L.P. GROUP MEMBERS: SEED VENTURES III PTE LTD. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACVEN WALDEN VENTURES V LP CENTRAL INDEX KEY: 0001132007 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 750 BATTERY ST 7TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153917225 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INPHI Corp CENTRAL INDEX KEY: 0001160958 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770557980 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85976 FILM NUMBER: 12562120 BUSINESS ADDRESS: STREET 1: 1154 SONORA COURT CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 408-636-2700 MAIL ADDRESS: STREET 1: 1154 SONORA COURT CITY: SUNNYVALE STATE: CA ZIP: 94086 FORMER COMPANY: FORMER CONFORMED NAME: INPHI CORP DATE OF NAME CHANGE: 20011016 SC 13G 1 a12-3526_1sc13g.htm SC 13G

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G
(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No.     )*

 

Inphi Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

45772F107

(CUSIP Number)

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

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 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).

 



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons.
Pacven Walden Ventures V, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
2,274,888 shares of Common Stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
2,274,888 shares of Common Stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
2,274,888 shares of Common Stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
9.0% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 253,597 shares in a registered public offering and currently holds 2,021,291 shares of Common Stock, representing a beneficial ownership of 7.29%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

2



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons.
Pacven Walden Ventures Parallel V-A C.V.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Netherlands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
52,423 shares of Common Stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
52,423 shares of Common Stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
52,423 shares of Common Stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 5,844 shares in a registered public offering and currently holds 46,579 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

3



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Pacven Walden Ventures Parallel V-B C.V.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Netherlands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
52,423 shares of Common Stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
52,423 shares of Common Stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
52,423 shares of Common Stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 90
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 5,844 shares in a registered public offering and currently holds 46,579 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

4



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Pacven Walden Ventures V Associates Fund, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
5,576 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
5,576 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
5,576 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.1% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 621 shares in a registered public offering and currently holds 4,955 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

5



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Pacven Walden Ventures V-QP Associates Fund, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
36,672 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
36,672 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
36,672 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.1% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 4,088 shares in a registered public offering and currently holds 32,584 shares of Common Stock, representing a beneficial ownership of 0.1%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

6



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Asian Venture Capital Investment Corp.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Taiwan

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
59,210 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
59,210 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
59,210 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 6,601 shares in a registered public offering and currently holds 52,609 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

7



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
International Venture Capital Investment Corp.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Taiwan

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
59,210 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
59,210 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
59,210 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 6,601 shares in a registered public offering and currently holds 52,609 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

8



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
International Venture Capital Investment III Corp.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Taiwan

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
59,210 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
59,210 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
59,210 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 6,601 shares in a registered public offering and currently holds 52,609 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

9



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Seed Ventures III Pte Ltd.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Singapore

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
40,705 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
40,705 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
40,705 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 4,537 shares in a registered public offering and currently holds 36,168 shares of Common Stock, representing a beneficial ownership of 0.1%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

10



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Pacven Walden Ventures VI, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
804,499 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
804,499 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
804,499 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
3.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 89,683 shares in a registered public offering and currently holds 714,816 shares of Common Stock, representing a beneficial ownership of 2.6%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

11



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Pacven Walden Ventures Parallel VI, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
62,642 shares of Common stock (2)

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
62,642 shares of Common stock (2)

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
62,642 shares of Common stock (2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
0.2% (3)

 

 

12

Type of Reporting Person*
PN

 


(1)   This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)   On April 6, 2011, the reporting person sold 6,983 shares in a registered public offering and currently holds 55,659 shares of Common Stock, representing a beneficial ownership of 0.2%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(3)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

12



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Lip-Bu Tan

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
3,982 shares

 

6

Shared Voting Power
3,507,458 shares of Common Stock (2)(3)

 

7

Sole Dispositive Power
3,982 shares

 

8

Shared Dispositive Power
3,507,458 shares of Common Stock (2)(3)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
3,511,440 shares of Common Stock (2)(3)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
13.8% (4)

 

 

12

Type of Reporting Person*
IN

 


(1)       This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)       Includes: (i) 2,274,888 shares held by Pacven V, 52,423 shares held by Pacven Parallel V-A, 52,423 shares held by Pacven Parallel V-B, 5,576 shares held by Pacven Associates V, 36,672 shares held by Pacven Associates V-QP, 59,210 shares held by Asian Venture, 59,210 shares held by International Venture, 59,210 shares held by International Venture III, 40,705 shares held by Seed Ventures, and 804,499 shares held by Pacven VI, 62,642 shares held by Pacven Parallel VI. The reporting person is a director of Seed Ventures III Pte Ltd and the sole director and a member of the Investment Committee of Pacven Walden Management V Co. Ltd. (“Pacven Mgmnt V”) and Pacven Walden Management VI Co. Ltd. (“Pacven Mgmnt VI”).  Pacven Mgmnt V is the general partner of Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V-QP and Pacven Associates V.  Pacven Mgmnt VI is the general partner of Pacven VI and Pacven Parallel VI. The reporting person is also a director of Asia Venture, International Venture and International Venture III.  The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

(3)       On April 5, 2011, the Reporting Persons indirectly sold an aggregate of 391,000 shares in a registered public offering and currently holds 3,120,440 shares of Common Stock, representing a beneficial ownership of 11.3%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(4)       This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

13



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Andrew Kau

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0 shares

 

6

Shared Voting Power
3,289,123 shares of Common Stock (2)(3)

 

7

Sole Dispositive Power
0 shares

 

8

Shared Dispositive Power
3,289,123 shares of Common Stock (2)(3)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
3,289,123 shares of Common Stock (2)(3)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
13.0% (4)

 

 

12

Type of Reporting Person*
IN

 


(1)       This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)       Includes: (i) 2,274,888 shares held by Pacven V, 52,423 shares held by Pacven Parallel V-A, 52,423 shares held by Pacven Parallel V-B, 5,576 shares held by Pacven Associates V, 36,672 shares held by Pacven Associates V-QP, 804,499 shares held by Pacven VI, and 62,642 shares held by Pacven Parallel VI.  The Reporting Person is a member of the Investment Committee of Pacven Walden Management V Co. Ltd. (“Pacven Mgmnt V”) and Pacven Walden Management VI Co. Ltd. (“Pacven Mgmnt VI”).  Pacven Mgmnt V is the general partner of Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V-QP and Pacven Associates V.  Pacven Mgmnt VI is the general partner of Pacven VI and Pacven Parallel VI.  The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

(3)       On April 5, 2011, the Reporting Persons indirectly sold an aggregate of 366,660 shares in a registered public offering and currently holds 2,922,463 shares of Common Stock, representing a beneficial ownership of 10.5%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(4)       This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

14



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Hock Voon Loo

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0 shares

 

6

Shared Voting Power
3,389,038 shares of Common Stock (2)(3)

 

7

Sole Dispositive Power
0 shares

 

8

Shared Dispositive Power
3,389,038 shares of Common Stock (2)(3)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
3,389,038 shares of Common Stock (2)(3)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
13.3% (4)

 

 

12

Type of Reporting Person*
IN

 


(1)       This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)       Includes: (i) 2,274,888 shares held by Pacven V, 52,423 shares held by Pacven Parallel V-A, 52,423 shares held by Pacven Parallel V-B, 5,576 shares held by Pacven Associates V, 36,672 shares held by Pacven Associates V-QP, 59,210 shares held by International Venture, 40,705 shares held by Seed Ventures, 804,499 shares held by Pacven VI, and 62,642 shares held by Pacven Parallel VI.  The Reporting Person is a director and the liquidator of Seed Ventures III Pte Ltd and a member of the Investment Committee of Pacven Walden Management V Co. Ltd. (“Pacven Mgmnt V”) and Pacven Walden Management VI Co. Ltd. (“Pacven Mgmnt VI”).  Pacven Mgmnt V is the general partner of Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V-QP and Pacven Associates V.  Pacven Mgmnt VI is the general partner of Pacven VI and Pacven Parallel VI.  The reporting person is also a director of International Venture.  The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

(3)       On April 5, 2011, the Reporting Persons indirectly sold an aggregate of 377,798 shares in a registered public offering and currently holds 3,011,240 shares of Common Stock, representing a beneficial ownership of 10.9%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(4)       This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

15



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Brian Chiang

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0 shares

 

6

Shared Voting Power
3,466,753 shares of Common Stock (2)(3)

 

7

Sole Dispositive Power
0 shares

 

8

Shared Dispositive Power
3,466,753 shares of Common Stock (2)(3)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
3,466,753 shares of Common Stock (2)(3)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
13.7% (4)

 

 

12

Type of Reporting Person*
IN

 


(1)       This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)       Includes: (i) 2,274,888 shares held by Pacven V, 52,423 shares held by Pacven Parallel V-A, 52,423 shares held by Pacven Parallel V-B, 5,576 shares held by Pacven Associates V, 36,672 shares held by Pacven Associates V-QP, 59,210 shares held by Asian Venture, 59,210 shares held by International Venture, 59,210 shares held by International Venture III, 804,499 shares held by Pacven VI, and 62,642 shares held by Pacven Parallel VI.  The Reporting Person is a member of the Investment Committee of Pacven Walden Management V Co. Ltd. (“Pacven Mgmnt V”) and Pacven Walden Management VI Co. Ltd. (“Pacven Mgmnt VI”).  Pacven Mgmnt V is the general partner of Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V-QP and Pacven Associates V.  Pacven Mgmnt VI is the general partner of Pacven VI and Pacven Parallel VI. The reporting person is also the liquidator of Asian Ventures, International Venture and International Venture III.  The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

(3)       On April 5, 2011, the Reporting Persons indirectly sold an aggregate of 386,463 shares in a registered public offering and currently holds 3,080,290 shares of Common Stock, representing a beneficial ownership of 11.1%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(4)       This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

16



 

CUSIP No. 45772F107

13 G

 

 

 

1

Names of Reporting Persons
Mary Coleman

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0 shares

 

6

Shared Voting Power
3,289,123 shares of Common Stock (2)(3)

 

7

Sole Dispositive Power
0 shares

 

8

Shared Dispositive Power
3,289,123 shares of Common Stock (2)(3)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
3,289,123 shares of Common Stock (2)(3)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11

Percent of Class Represented by Amount in Row 9
13.0% (4)

 

 

12

Type of Reporting Person*
IN

 


(1)       This Schedule 13G is filed by Pacven Walden Ventures V, L.P. (“Pacven V”), Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”), Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”), Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”), Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”), Asian Venture Capital Investment Corp. (“Asian Venture”), International Venture Capital Investment Corp. (“International Venture”), International Venture Capital Investment III Corp. (“International Venture III”), Seed Ventures III Pte Ltd. (“Seed Ventures”), Pacven Walden Ventures VI, L.P. (“Pacven VI”), Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”), Lip-Bu Tan (“Tan”), Andrew Kau (“Kau”), Hock Voon Loo (“Loo”), Brian Chiang (“Chiang”) and Mary Coleman (“Coleman” and together with Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V, Pacven Associates V-QP, Asian Venture, International Venture, International Venture III, Seed Ventures, Pacven VI, Pacven Parallel VI, Tan, Kau, Loo and Chiang, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)       Includes: (i) 2,274,888 shares held by Pacven V, 52,423 shares held by Pacven Parallel V-A, 52,423 shares held by Pacven Parallel V-B, 5,576 shares held by Pacven Associates V, 36,672 shares held by Pacven Associates V-QP, 804,499 shares held by Pacven VI, and 62,642 shares held by Pacven Parallel VI.  The Reporting Person is a member of the Investment Committee of Pacven Walden Management V Co. Ltd. (“Pacven Mgmnt V”) and Pacven Walden Management VI Co. Ltd. (“Pacven Mgmnt VI”).  Pacven Mgmnt V is the general partner of Pacven V, Pacven Parallel V-A, Pacven Parallel V-B, Pacven Associates V-QP and Pacven Associates V.  Pacven Mgmnt VI is the general partner of Pacven VI and Pacven Parallel VI.  The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

(3)       On April 5, 2011, the Reporting Persons indirectly sold an aggregate of 366,660 shares in a registered public offering and currently holds 2,922,463 shares of Common Stock, representing a beneficial ownership of 10.5%, calculated based upon 27,729,683 shares of Common Stock outstanding as of November 2, 2011 as set forth in the Issuer’s most recent 10-Q filed with the Securities and Exchange Commission on November 4, 2011.

 

(4)       This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

17



 

Introductory Note: This Statement on Schedule 13G is filed on behalf of the Reporting Persons, in respect of shares of Common Stock, par value $0.001 per share (“Common Stock”), of Inphi Corporation (the “Issuer”).

 

Item 1

 

(a)

Name of Issuer:
Inphi Corporation

 

 

Address of Issuer’s Principal Executive Offices:
3945 Freedom Circle, Suite 1100

Santa Clara, CA 95054

 

Item 2

 

(a)

Name of Person(s) Filing:
Pacven Walden Ventures V, L.P. (“Pacven V”)

Pacven Walden Ventures Parallel V-A C.V. (“Pacven Parallel V-A”)

Pacven Walden Ventures Parallel V-B C.V. (“Pacven Parallel V-B”)

Pacven Walden Ventures V Associates Fund, L.P. (“Pacven Associates V”)

Pacven Walden Ventures V-QP Associates Fund, L.P. (“Pacven Associates V-QP”)

Asian Venture Capital Investment Corp. (“Asian Venture”)

International Venture Capital Investment Corp. (“International Venture”)

International Venture Capital Investment III Corp. (“International Venture III”)

Seed Ventures III Pte Ltd. (“Seed Ventures”)

Pacven Walden Ventures VI, L.P. (“Pacven VI”)

Pacven Walden Ventures Parallel VI, L.P. (“Pacven Parallel VI”)

Lip-Bu Tan (“Tan”)

Andrew Kau (“Kau”)

Hock Voon Loo (“Loo”)

Brian Chiang (“Chiang”)

Mary Coleman (“Coleman”)

 

(b)

Address of Principal Business Office:
One California Street, Suite 2800

San Francisco, CA  94111

 

(b)

Citizenship:

 

 

Entities:

Pacven V

-

Cayman Islands

 

 

Pacven Parallel V-A

-

Netherlands

 

 

Pacven Parallel V-B

-

Netherlands

 

 

Pacven Associates V

-

Cayman Islands

 

 

Pacven Associates V-QP

-

Cayman Islands

 

 

Asian Venture

-

Taiwan

 

 

International Venture

-

Taiwan

 

 

International Venture III

-

Taiwan

 

 

Seed Ventures

-

Singapore

 

 

Pacven VI

-

Cayman Islands

 

 

Pacven Parallel VI

-

Cayman Islands

 

 

 

 

 

 

Individuals:

Tan

-

United States of America

 

 

Kau

-

United States of America

 

 

Loo

-

Singapore

 

 

Chiang

-

United States of America

 

 

Coleman

-

United States of America

 

18



 

 

(d)

Title of Class of Securities:
Common Stock

 

(e)

CUSIP Number:
45772F107

 

Item 3

Not applicable.

 

 

Item 4

Ownership.

The following information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of January 3, 2012:

 

Reporting Persons

 

Shares Held
Directly

 

Sole Voting
Power

 

Shared
Voting
Power

 

Sole
Dispositive
Power

 

Shared
Dispositive
Power

 

Beneficial
Ownership

 

Percentage
of Class (1)

 

Pacven V

 

2,274,888

 

2,274,888

 

0

 

2,274,888

 

0

 

2,274,888

 

9.0

%

Pacven Parallel V-A

 

52,423

 

52,423

 

0

 

52,423

 

0

 

52,423

 

0.2

%

Pacven Parallel V-B

 

52,423

 

52,423

 

0

 

52,423

 

0

 

52,423

 

0.2

%

Pacven Associates V

 

5,576

 

5,576

 

0

 

5,576

 

0

 

5,576

 

0.1

%

Pacven Associates V-QP

 

36,672

 

36,672

 

0

 

36,672

 

0

 

36,672

 

0.1

%

Asian Venture

 

59,210

 

59,210

 

0

 

59,210

 

0

 

59,210

 

0.2

%

International Venture

 

59,210

 

59,210

 

0

 

59,210

 

0

 

59,210

 

0.2

%

International Venture III

 

59,210

 

59,210

 

0

 

59,210

 

0

 

59,210

 

0.2

%

Seed Ventures

 

40,705

 

40,705

 

0

 

40,705

 

0

 

40,705

 

0.2

%

Pacven VI

 

804,499

 

804,499

 

0

 

804,499

 

0

 

804,499

 

3.2

%

Pacven Parallel VI

 

62,642

 

62,642

 

0

 

62,642

 

0

 

62,642

 

0.2

%

Tan

 

3,982

 

3,982

 

3,507,458

 

3,982

 

3,507,458

 

3,511,440

 

13.8

%

Kau

 

0

 

0

 

3,289,123

 

0

 

3,289,123

 

3,289,123

 

13.0

%

Loo

 

0

 

0

 

3,389,038

 

0

 

3,389,038

 

3,389,038

 

13.3

%

Chiang

 

0

 

0

 

3,466,753

 

0

 

3,466,753

 

3,466,753

 

13.7

%

Coleman

 

0

 

0

 

3,289,123

 

0

 

3,289,123

 

3,289,123

 

13.0

%

 


(1)   This percentage is calculated based upon 25,388,810 shares of Common Stock outstanding as of February 23, 2011 as set forth in the Issuer’s most recent 10-K filed with the Securities and Exchange Commissions on March 7, 2011.

 

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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following:    o

 

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.

 

19



 

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 1, 2012

 

Pacven Walden Ventures V, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures Parallel V-A C.V.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures Parallel V-B C.V.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures V Associates Fund, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures V-QP Associates Fund, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Asian Venture Capital Investment Corp.

 

 

 

 

By:

/s/ Lip-Bu Tan

 

 

 

 

Name:

Lip-Bu Tan, President

 

 

 

 

International Venture Capital Investment Corp.

 

 

 

 

By:

/s/ Lip-Bu Tan

 

 

 

 

Name:

Lip-Bu Tan, President

 

 

20



 

International Venture Capital Investment III Corp.

 

 

 

 

By:

/s/ Lip-Bu Tan

 

 

 

 

Name:

Lip-Bu Tan, President

 

 

 

 

Seed Ventures III Pte Ltd.

 

 

 

 

By:

/s/ Hock Voon Loo

 

 

 

 

Name:

Hock Voon Loo, Director

 

 

 

 

Pacven Walden Ventures VI, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures Parallel VI, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

 

 

/s/ Lip-Bu Tan

 

Lip-Bu Tan

 

 

 

 

 

/s/ Andrew Kau

 

Andrew Kau

 

 

 

 

 

/s/ Hock Voon Loo

 

Hock Voon Loo

 

 

 

 

 

/s/ Brian Chiang

 

Brian Chiang

 

 

 

 

 

/s/ Mary Coleman

 

Mary Coleman

 

 

21



 

Exhibit(s):

 

A - Joint Filing Statement

 

22



 

EXHIBIT A

 

JOINT FILING STATEMENT

 

We, the undersigned, hereby express our agreement that the attached Schedule 13G (or any amendments thereto) relating to the Common Stock of Inphi Corporation is filed on behalf of each of us.

 

Dated: February 1, 2012

 

Pacven Walden Ventures V, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures Parallel V-A C.V.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures Parallel V-B C.V.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures V Associates Fund, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures V-QP Associates Fund, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Asian Venture Capital Investment Corp.

 

 

 

 

By:

/s/ Lip-Bu Tan

 

 

 

 

Name:

Lip-Bu Tan, President

 

 

 

 

International Venture Capital Investment Corp.

 

 

 

 

By:

/s/ Lip-Bu Tan

 

 

 

 

Name:

Lip-Bu Tan, President

 

 

23



 

International Venture Capital Investment III Corp.

 

 

 

 

By:

/s/ Lip-Bu Tan

 

 

 

 

Name:

Lip-Bu Tan, President

 

 

 

 

Seed Ventures III Pte Ltd.

 

 

 

 

By:

/s/ Hock Voon Loo

 

 

 

 

Name:

Hock Voon Loo, Director

 

 

 

 

Pacven Walden Ventures VI, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

Pacven Walden Ventures Parallel VI, L.P.

 

 

 

 

By:

Pacven Walden Management V Co. Ltd

 

Its:

General Partner

 

 

 

 

By:

/s/ Lip-Bu Tan

 

Name:

Lip-Bu Tan, Director

 

 

 

 

 

 

/s/ Lip-Bu Tan

 

Lip-Bu Tan

 

 

 

 

 

/s/ Andrew Kau

 

Andrew Kau

 

 

 

 

 

/s/ Hock Voon Loo

 

Hock Voon Loo

 

 

 

 

 

/s/ Brian Chiang

 

Brian Chiang

 

 

 

 

 

/s/ Mary Coleman

 

Mary Coleman

 

 

24