0001193125-14-016799.txt : 20140122 0001193125-14-016799.hdr.sgml : 20140122 20140122094852 ACCESSION NUMBER: 0001193125-14-016799 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140122 DATE AS OF CHANGE: 20140122 GROUP MEMBERS: EDWARD T. ANDERSON GROUP MEMBERS: NORTH BRIDGE VENTURE MANAGEMENT V, L.P. GROUP MEMBERS: NORTH BRIDGE VENTURE MANAGEMENT VI, L.P. GROUP MEMBERS: NORTH BRIDGE VENTURE PARTNERS V-A, L.P. GROUP MEMBERS: NORTH BRIDGE VENTURE PARTNERS V-B, L.P. GROUP MEMBERS: NORTH BRIDGE VENTURE PARTNERS VI, L.P. GROUP MEMBERS: RICHARD A. D'AMORE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAVENIR SYSTEMS INC CENTRAL INDEX KEY: 0001361470 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87810 FILM NUMBER: 14539279 BUSINESS ADDRESS: STREET 1: 1700 INTERNATIONAL PARKWAY, SUITE 200 CITY: RICHARSON STATE: TX ZIP: 75081 BUSINESS PHONE: 469-916-4393 MAIL ADDRESS: STREET 1: 1700 INTERNATIONAL PARKWAY, SUITE 200 CITY: RICHARSON STATE: TX ZIP: 75081 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NBVM GP, LLC CENTRAL INDEX KEY: 0001401650 IRS NUMBER: 202844497 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 950 WINTER STREET STREET 2: SUITE 4600 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-290-0004 MAIL ADDRESS: STREET 1: 950 WINTER STREET STREET 2: SUITE 4600 CITY: WALTHAM STATE: MA ZIP: 02451 SC 13G 1 d661820dsc13g.htm SC 13G SC 13G

 

 

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 RULE 13d-2

(Amendment No.    )

 

 

Mavenir Systems, Inc.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

577675101

(CUSIP Number)

December 31, 2013

(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).

 

 

 

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

NBVM GP, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

4,352,934

   6.   

Shared Voting Power

 

-0-

   7.   

Sole Dispositive Power

 

4,352,934

   8.   

Shared Dispositive Power

 

-0-

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,352,934

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

18.7%

12.  

Type of Reporting Person (See Instructions)

 

OO

 

Page 2 of 16 pages

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

 

North Bridge Venture Management V, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

2,526,659

   6.   

Shared Voting Power

 

-0-

   7.   

Sole Dispositive Power

 

2,526,659

   8.   

Shared Dispositive Power

 

-0-

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,526,659

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

10.9%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

 

Page 3 of 16 pages

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

 

North Bridge Venture Management VI, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

1,826,275

   6.   

Shared Voting Power

 

-0-

   7.   

Sole Dispositive Power

 

1,826,275

   8.   

Shared Dispositive Power

 

-0-

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,826,275

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

7.8%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

Page 4 of 16 pages

 

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

North Bridge Venture Partners V-A, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

1,695,587

   6.   

Shared Voting Power

 

-0-

   7.   

Sole Dispositive Power

 

1,695,587

   8.   

Shared Dispositive Power

 

-0-

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,695,587

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

7.3%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

Page 5 of 16 pages

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

North Bridge Venture Partners V-B, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

831,072

   6.   

Shared Voting Power

 

-0-

   7.   

Sole Dispositive Power

 

831,072

   8.   

Shared Dispositive Power

 

-0-

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

831,072

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

3.6%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

Page 6 of 16 pages

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

North Bridge Venture Partners VI, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

1,826,275

   6.   

Shared Voting Power

 

-0-

   7.   

Sole Dispositive Power

 

1,826,275

   8.   

Shared Dispositive Power

 

-0-

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,826,275

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

7.8%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

Page 7 of 16 pages

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Edward T. Anderson

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

4,352,934

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

4,352,934

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,352,934

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

18.7%

12.  

Type of Reporting Person (See Instructions)

 

IN

 

 

Page 8 of 16 pages

CUSIP No. 577675101  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Richard A. D’Amore

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨

(b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

-0-

   6.   

Shared Voting Power

 

4,352,934

   7.   

Sole Dispositive Power

 

-0-

   8.   

Shared Dispositive Power

 

4,352,934

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,352,934

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

18.7%

12.  

Type of Reporting Person (See Instructions)

 

IN

 

Page 9 of 16 pages

CUSIP No. 577675101  

 

Item 1(a) Name of Issuer:

Mavenir Systems, Inc.

 

Item 1(b) Address of Issuer’s Principal Executive Offices:

1700 International Parkway, Suite 200

Richardson, TX 75081

 

Item 2(a) Name of Person Filing:

The reporting persons are:

NBVM GP, LLC (the “GP of the GP”)

North Bridge Venture Management V, L.P. (the “NBVP V GP”)

North Bridge Venture Management VI, L.P. (the “NBVP VI GP”)

North Bridge Venture Partners V-A, L.P. (“Fund V-A”)

North Bridge Venture Partners V-B, L.P. (“Fund V-B”)

North Bridge Venture Partners VI, L.P. (“Fund VI”)

Edward T. Anderson (“Mr. Anderson”)

Richard A. D’Amore (“Mr. D’Amore”)

 

Item 2(b) Address of Principal Business Office or, if None, Residence:

The address of each of the reporting persons is:

c/o North Bridge Venture Partners

950 Winter Street, Suite 4600

Waltham, Massachusetts 02451

 

Item 2(c) Citizenship:

 

GP of the GP    Delaware limited liability company
NBVP V GP    Delaware limited partnership
NBVP VI GP    Delaware limited partnership
Fund V-A    Delaware limited partnership
Fund V-B    Delaware limited partnership
Fund VI    Delaware limited partnership
Mr. Anderson            U.S. citizen
Mr. D’Amore    U.S. citizen

 

Page 10 of 16 pages

CUSIP No. 577675101   

 

Item 2(d) Title of Class of Securities:

This Schedule 13G report relates to the Common Stock, par value $0.01 per share (“Common Stock”), of Mavenir Systems, Inc.

 

Item 2(e) CUSIP Number:

577675101

 

Item 3 Description of Person Filing:

Not applicable.

 

Page 11 of 16 pages

CUSIP No. 577675101

   

 

Item 4 Ownership:

 

  (a) Amount Beneficially Owned:

As of December 31, 2013: (i) Fund V-A was the record holder of 1,695,587 shares of Common Stock (the “V-A Shares”) (ii) Fund V-B was the record holder of 831,072 shares of Common Stock (the “V-B Shares” and, together with the V-A Shares, the “Fund V Shares”); and Fund VI was the record holder of 1,826,275 shares of Common Stock (the “Fund VI Shares” and, together with the Fund V Shares, the “Shares”).

As the general partner of Fund V-A and Fund V-B, NBVP V GP may be deemed to beneficially own the Fund V Shares.

As the general partner of Fund VI, NBVP VI GP may be deemed to beneficially own the Fund VI Shares.

As the general partner of NBVP V GP and NBVP VI GP, the GP of the GP may be deemed to beneficially own the Shares.

Messrs. Anderson and D’Amore, as individual managers of the GP of the GP with shared voting and dispositive power over the Shares, may be deemed to beneficially own the Shares.

 

  (b) Percent of Class:

 

GP of the GP

      18.7 % 

NBVP V GP

      10.9 % 

NBVP VI GP

      7.8 % 

NBVP V-A

      7.3 % 

NBVP V-B

      3.6 % 

NBVP VI

      7.8 % 

Mr. Anderson

      18.7 % 

Mr. D’Amore

      18.7 % 

The ownership percentages above are based on an aggregate of 23,274,023 shares of Common Stock outstanding, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2013.

 

  (c) Number of Shares as to which the Person has:

 

     NUMBER OF SHARES OF COMMON STOCK  

Reporting Person

    (i)      (ii)      (iii)      (iv)  

GP of the GP

      4,352,934         0         4,352,934         0   

NBVP V GP

      2,526,659         0         2,526,659         0   

NBVP VI GP

      1,826,275         0         1,826,275         0   

NBVP V-A

      1,695,587         0         1,695,587         0   

NBVP V-B

      831,072         0         831,072         0   

NBVP VI

      1,826,275         0         1,826,275         0   

Mr. Anderson

      0         4,352,934         0         4,352,934   

Mr. D’Amore

      0         4,352,934         0         4,352,934   

 

(i) Sole power to vote or direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of

 

Page 12 of 16 pages

CUSIP No. 577675101

 

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 [    ].

 

Item 6 Ownership of More than Five Percent on Behalf of Another Person:

Not applicable.

 

Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

Not applicable.

 

Item 8 Identification and Classification of Members of the Group:

Each of the Reporting Persons expressly disclaims membership in a “Group” as defined in Rule 13d-1(b)(ii)(K).

 

Item 9 Notice of Dissolution of Group:

Not applicable.

 

Item 10 Certification:

Not applicable.

This Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c).

 

Page 13 of 16 pages

CUSIP No. 577675101   

SIGNATURES

After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct.

DATED: January 22, 2014

 

NBVM GP, LLC

By:

   /s/ Edward T. Anderson
 

 

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE MANAGEMENT V, L.P.

By:

   NBVM GP, LLC

By:

   /s/ Edward T. Anderson
 

 

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE MANAGEMENT VI, L.P.

By:

   NBVM GP, LLC

By:

   /s/ Edward T. Anderson
 

 

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE PARTNERS V-A, L.P.

By:

   North Bridge Venture Management V, L.P.

By:

   NBVM GP, LLC

By:

   /s/ Edward T. Anderson
 

 

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE PARTNERS V-B, L.P.

By:

   North Bridge Venture Management V, L.P.

By:

   NBVM GP, LLC

By:

   /s/ Edward T. Anderson
 

 

Name:

   Edward T. Anderson

Title:

   Manager

 

Page 14 of 16 pages

CUSIP No. 577675101   

 

NORTH BRIDGE VENTURE PARTNERS VI, L.P.

By:

   North Bridge Venture Management VI, L.P.

By:

   NBVM GP, LLC

By:

  

/s/ Edward T. Anderson

Name:

   Edward T. Anderson

Title:

   Manager

/s/ Edward T. Anderson

EDWARD T. ANDERSON

/s/ Richard A. D’Amore

RICHARD A. D’AMORE

 

Page 15 of 16 pages

CUSIP No. 577675101   

Exhibit I

Joint Filing Agreement

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of the shares of Common Stock of Mavenir Systems, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.

EXECUTED as of this 22nd day of January, 2014.

 

NBVM GP, LLC

By:

  

/s/ Edward T. Anderson

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE MANAGEMENT V, L.P.

By:

   NBVM GP, LLC

By:

  

/s/ Edward T. Anderson

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE MANAGEMENT VI, L.P.

By:

   NBVM GP, LLC

By:

  

/s/ Edward T. Anderson

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE PARTNERS V-A, L.P.

By:

   North Bridge Venture Management V, L.P.

By:

   NBVM GP, LLC

By:

  

/s/ Edward T. Anderson

Name:

   Edward T. Anderson

Title:

   Manager

NORTH BRIDGE VENTURE PARTNERS V-B, L.P.

By:

   North Bridge Venture Management V, L.P.

By:

   NBVM GP, LLC

By:

  

/s/ Edward T. Anderson

Name:

   Edward T. Anderson

Title:

   Manager

/s/ Edward T. Anderson

EDWARD T. ANDERSON

/s/ Richard A. D’Amore

RICHARD A. D’AMORE

 

Page 16 of 16 pages