-----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, MOi208fYsqgYZbyenHSmZpUmJhj/yK4lSYMDi56hPVMPYu6qx0tHj8uhrve5GTSY jejBBlQoVxCTbX15IuaERw== 0001104659-08-010061.txt : 20080214 0001104659-08-010061.hdr.sgml : 20080214 20080213175418 ACCESSION NUMBER: 0001104659-08-010061 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080213 GROUP MEMBERS: CARDINAL VENTURE AFFILIATES, L.P. GROUP MEMBERS: CARDINAL VENTURES, LLC GROUP MEMBERS: CHRISTIAN BORCHER GROUP MEMBERS: CHRISTOPHER J. HADSELL GROUP MEMBERS: CV SBIC, INC. GROUP MEMBERS: DEREK BLAZENSKY GROUP MEMBERS: ERIC DUNN GROUP MEMBERS: JOYCE CHUNG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SuccessFactors, Inc. CENTRAL INDEX KEY: 0001402305 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 943398453 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83665 FILM NUMBER: 08606641 BUSINESS ADDRESS: STREET 1: 1500 FASHION ISLAND BLVD., SUITE 300 CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: (650) 645-2000 MAIL ADDRESS: STREET 1: 1500 FASHION ISLAND BLVD., SUITE 300 CITY: SAN MATEO STATE: CA ZIP: 94404 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CVP SBIC, L.P. CENTRAL INDEX KEY: 0001426747 IRS NUMBER: 371439345 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1010 EL CAMINO REAL, SUITE 250 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-289-4700 MAIL ADDRESS: STREET 1: 1010 EL CAMINO REAL, SUITE 250 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 a08-5625_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)

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

SuccessFactors, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

864596 10 1

(CUSIP Number)

December 31, 2007

(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 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. 864596 10 1

 

 

1.

Names of Reporting Persons
CVP SBIC, L.P.                                                    IRS No. 37-1439345

 

 

2.

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

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware, United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0 shares

 

6.

Shared Voting Power
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 

(1)   This Schedule 13G is filed by CVP SBIC, L.P., a Delaware limited partnership (“CVP SBIC”), CV SBIC, Inc., a Delaware corporation (“CVP GP”), Cardinal Venture Affiliates, L.P., a Delaware limited partnership (“CVA”), Cardinal Ventures, LLC, a Delaware limited liability company (“CVA GP”), Derek Blazensky (“Blazensky”), Christian Borcher (“Borcher”), Joyce Chung (“Chung”), Eric Dunn (“Dunn”) and Christopher J. Hadsell (“Hadsell,” and together with CVP SBIC, CVP GP, CVA, CVA GP, Blazensky, Borcher, Chung and Dunn, collectively, the “Reporting Persons”).  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

2


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
CV SBIC, Inc.                                                      IRS No. 32-0046059

 

 

2.

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

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware, United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0 shares

 

6.

Shared Voting Power
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
CO

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

3


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Cardinal Venture Affiliates, L.P.                      IRS No. 94-3359301

 

 

2.

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

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware, United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0 shares

 

6.

Shared Voting Power
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

4


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Cardinal Ventures, LLC                                     IRS No. 94-3359297 

 

 

2.

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

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware, United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0 shares

 

6.

Shared Voting Power
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

5


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Derek Blazensky

 

 

2.

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

 

 

(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
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

6


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Christian Borcher

 

 

2.

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

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Denmark

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
12,950 shares

 

6.

Shared Voting Power
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
12,950 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,615,711 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.27% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

7


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Joyce Chung

 

 

2.

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

 

 

(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
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

8


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Eric Dunn

 

 

2.

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

 

 

(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
50,000 shares

 

6.

Shared Voting Power
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
50,000 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,652,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.34% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

9


 

CUSIP No. 864596 10 1

 

 

1.

Names of Reporting Persons
Christopher J. Hadsell

 

 

2.

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

 

 

(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
3,602,761 shares of Common Stock (2)

 

7.

Sole Dispositive Power
0 shares

 

8.

Shared Dispositive Power
3,602,761 shares of Common Stock (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,602,761 shares of Common Stock (2)

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
7.24% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)   This Schedule 13G is filed by the Reporting Persons.  The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. 

 

(2)   Includes (i) 3,473,062 shares held by CVP SBIC; and (ii) 129,699 shares held by CVA.  CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein.  The information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2007.

 

(3)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

10


 

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 SuccessFactors, Inc. (the “Issuer”).

 

Item 1.

 

(a)

Name of Issuer
SuccessFactors, Inc.

 

(b)

Address of Issuer’s Principal Executive Offices
1500 Fashion Island Blvd.
Suite 300
San Mateo, California  94404

 

Item 2.

 

(a)

Name of Person Filing
CVP SBIC, L.P. (“CVP SBIC”)

CV SBIC, Inc. (“CVP GP”)

Cardinal Venture Affiliates, L.P. (“CVA”)

Cardinal Ventures, LLC (“CVA GP”)

Derek Blazensky (“Blazensky”)

Christian Borcher (“Borcher”)

Joyce Chung (“Chung”)

Eric Dunn (“Dunn”)

Christopher J. Hadsell (“Hadsell”)

 

(b)

Address of Principal Business Office or, if none, Residence
c/o Cardinal Venture Capital

1010 El Camino Real, Suite 250

Menlo Park, California  94025

 

(c)

Citizenship

 

 

Entities:

CVP SBIC

-

Delaware, United States of America

 

 

 

CVP GP

-

Delaware, United States of America

 

 

 

CVA

-

Delaware, United States of America

 

 

 

CVA GP

-

Delaware, United States of America

 

 

 

 

 

 

 

 

Individuals:

Blazensky

-

United States of America

 

 

 

Borcher

-

Denmark

 

 

 

Chung

-

United States of America

 

 

 

Dunn

-

United States of America

 

 

 

Hadsell

-

United States of America

 

(d)

Title of Class of Securities
Common Stock

 

(e)

CUSIP Number
864596 10 1

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

o

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)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

 

Not applicable.

 

11


 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:   

 

 

(b)

Percent of class:   

 

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to 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   

 

 

Reporting Persons

 

Shares Held
Directly

 

Sole Voting
Power

 

Shared
Voting
Power

 

Sole
Dispositive
Power

 

Shared
Dispositive
Power

 

Beneficial
Ownership

 

Percentage
of Class (2)

 

CVP SBIC, L.P.

 

3,473,062

 

0

 

3,602,761

 

0

 

3,602,761

 

3,602,761

 

7.24

%

CV SBIC, Inc. (1)

 

0

 

0

 

3,602,761

 

0

 

3,602,761

 

3,602,761

 

7.24

%

Cardinal Venture Affiliates, L.P.

 

129,699

 

0

 

3,602,761

 

 

 

3,602,761

 

3,602,761

 

7.24

%

Cardinal Ventures, LLC (1)

 

0

 

0

 

3,602,761

 

0

 

3,602,761

 

3,602,761

 

7.24

%

Derek Blazensky (1)

 

0

 

0

 

3,602,761

 

0

 

3,602,761

 

3,602,761

 

7.24

%

Christian Borcher (1)

 

12,950

 

12,950

 

3,602,761

 

12,950

 

3,602,761

 

3,615,711

 

7.27

%

Joyce Chung (1)

 

0

 

0

 

3,602,761

 

0

 

3,602,761

 

3,602,761

 

7.24

%

Eric Dunn (1)

 

50,000

 

50,000

 

3,602,761

 

50,000

 

3,602,761

 

3,652,761

 

7.34

%

Christopher J. Hadsell (1)

 

0

 

0

 

3,602,761

 

0

 

3,602,761

 

3,602,761

 

7.24

%

 

(1)   CVP GP serves as the sole general partner of CVP SBIC and owns no securities of the Issuer directly.  CVA GP serves as the sole general partner of CVA and owns no securities of the Issuer directly.  Blazensky, Borcher, Chung, Dunn and Hadsell are directors and/or members of CVP GP and CVA GP, respectively, and share voting and dispositive power over the shares held by CVP SBIC and CVA; however, they disclaim beneficial ownership of the shares held by CVP SBIC and CVA except to the extent of their pecuniary interests therein. 

 

(2)   This percentage is calculated based upon 49,743,807 shares of Common Stock outstanding following the Issuer’s initial public offering, as set forth in the Issuer’s registration statement filed with the Securities and Exchange Commission on November 20, 2007.

 

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   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 or Control Person

 

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.

 

12


 

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 13, 2008

 

 

 

 

 

CVP SBIC, L.P.

 

 

 

 

 

By:

CV SBIC, Inc.

 

Its:

General Partner

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

CV SBIC, INC.

 

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

CARDINAL VENTURE AFFILIATES, L.P.

 

 

 

 

 

By:

Cardinal Ventures, LLC

 

Its:

General Partner

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

CARDINAL VENTURES, LLC

 

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

/s/ Derek Blazensky

 

 

DEREK BLAZENSKY

 

 

 

 

 

/s/ Christian Borcher

 

 

CHRISTIAN BORCHER

 

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Attorney-in-Fact for JOYCE CHUNG

 

 

 

 

 

/s/ Eric Dunn

 

 

ERIC DUNN

 

 

 

 

 

/s/ Christopher J. Hadsell

 

 

CHRISTOPHER J. HADSELL

 

 

 

Exhibit(s):

 

A - Joint Filing Statement

 

13


 

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 Hansen Medical, Inc. is filed on behalf of each of us.

 

Dated: February 13, 2008

 

 

 

 

 

CVP SBIC, L.P.

 

 

 

 

 

By:

CV SBIC, Inc.

 

Its:

General Partner

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

CV SBIC, INC.

 

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

CARDINAL VENTURE AFFILIATES, L.P.

 

 

 

 

 

By:

Cardinal Ventures, LLC

 

Its:

General Partner

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

CARDINAL VENTURES, LLC

 

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Authorized Representative

 

 

 

 

 

 

 

 

/s/ Derek Blazensky

 

 

DEREK BLAZENSKY

 

 

 

 

 

/s/ Christian Borcher

 

 

CHRISTIAN BORCHER

 

 

 

 

 

/s/ Eric Dunn

 

 

Eric Dunn

 

 

Attorney-in-Fact for JOYCE CHUNG

 

 

 

 

 

/s/ Eric Dunn

 

 

ERIC DUNN

 

 

 

 

 

/s/ Christopher J. Hadsell

 

 

CHRISTOPHER J. HADSELL

 

 

 

14

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