FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * SEQUOIA CAPITAL X   2. Issuer Name and Ticker or Trading Symbol NETEZZA CORP [NZ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 3000 SAND HILL ROAD, BUILDING 4-180 3. Date of Earliest Transaction (Month/Day/Year) 01/31/2008 (Street) MENLO PARK, CA 94025 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/31/2008   J(1)   5,697,931 D $ 0 0 D (2)   Common Stock 01/31/2008   J(3)   508,028 D $ 0 0 D (4)   Common Stock 01/31/2008   J(1)   820,714 D $ 0 0 D (5)   Common Stock 01/31/2008   J(6)   10,451 D $ 0 0 D (7)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SEQUOIA CAPITAL X 3000 SAND HILL ROAD BUILDING 4-180 MENLO PARK, CA 94025		X
SEQUOIA CAPITAL X PRINCIPALS FUND LLC 300 SAND HILL ROAD BUILDING 4-180 MENLO PARK, CA 94025		X
SEQUOIA TECHNOLOGY PARTNERS X LP 3000 SAND HILL ROAD BUILDING 4-180 MENLO PARK, CA 94025		X
SC X MANAGEMENT LLC 3000 SAND HILL ROAD BUILDING 4-180 MENLO PARK, CA 94025		X

Signatures

/s/ Michael Crowley (as attorney-in-fact for Sequoia Capital X)		02/04/2008
**Signature of Reporting Person		Date
/s/ Michael Crowley (as attorney-in-fact for Sequoia Capital X Principals Fund L.L.C.)		02/04/2008
**Signature of Reporting Person		Date
/s/ Michael Crowley (as attorney-in-fact for Sequoia Technology Partners X LP)		02/04/2008
**Signature of Reporting Person		Date
/s/ Michael Crowley (as attorney-in-fact for SCX Management, LLC)		02/04/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Pro rata distribution for no consideration to partners of the limited partnership.
(2)	Represents only securities held directly by Sequoia Capital X. SCX Management, LLC ("SCX") is the general partner of Sequoia Capital X.
(3)	Pro rata distribution for no consideration to members of the limited liability company.
(4)	Represents only securities held directly by Sequoia Capital X Principals Fund, L.L.C. SCX is the Managing Member of Sequoia Capital X Principals Fund, L.L.C.
(5)	Represents only securities held directly by Sequoia Technology Partners X. SCX is the general partner of Sequoia Technology Partners X.
(6)	Pro rata distribution by SCX to its members of the 10,451 shares received in the pro rata distribution by Sequoia Capital X to its partners reported above. SCX, as general partner of Sequoia Capital X, previously reported beneficial ownership of the securities held by Sequoia Capital X. Receipt of such securities by SCX effected only a change in the form of SCX's beneficial ownership of securities and was not a reportable event.
(7)	Represents only securities held directly by SCX.

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