UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13D-1(B)(C), AND (D) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13D-2(B)
(Amendment No. 1)
Callwave, Inc.
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(Name of Issuer)
Common Stock, $.0001 par value
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(Title of Class of Securities)
13126N 10 1
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(CUSIP Number)
December 31, 2005
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(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).
Page 1 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners IV, L.P.
52-2269503
........................................................................
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ....................................................................
(b) ....................................................................
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3. SEC Use Only ...........................................................
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4. Citizenship or Place of
Organization Delaware
..............................................
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Sole Voting
5. Power 2,395,490
....................................
-------------------------------------------------------------
Shared Voting
Number of Shares 6. Power
Beneficially ....................................
Owned by Each -------------------------------------------------------------
Reporting Person Sole Dispositive
With: 7. Power 2,395,490
....................................
-------------------------------------------------------------
Shared Dispositive
8. Power
....................................
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person 2,395,490
.......................
10. Check box if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
.......................
11. Percent of Class Represented by
Amount in Row (9) 11.6%
......................................
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12. Type of Reporting Person (See Instructions)
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Page 2 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners IV (Co-Investors), L.P.
52-2269509
........................................................................
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ....................................................................
(b) ....................................................................
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SEC Use
3. Only
................................................................
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Citizenship or Place of
4. Organization Delaware
..............................................
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Sole Voting
5. Power 295,217
........................................
-------------------------------------------------------------
Shared Voting
Number of Shares 6. Power
Beneficially ........................................
Owned by Each -------------------------------------------------------------
Reporting Person Sole Dispositive
With: 7. Power 295,217
........................................
-------------------------------------------------------------
Shared Dispositive
8. Power
........................................
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person 295,217
.......................
10. Check box if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
.......................
11. Percent of Class Represented by
Amount in Row (9) 1.4%
......................................
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12. Type of Reporting Person (See Instructions)
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Page 3 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners IV (Fund B), L.P.
52-2269507
........................................................................
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ...................................................................
(b) ...................................................................
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SEC Use
3. Only
...............................................................
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Citizenship or Place of
4. Organization Delaware
..............................................
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Sole Voting
5. Power 19,033
........................................
-------------------------------------------------------------
Shared Voting
Number of Shares 6. Power
Beneficially ........................................
Owned by Each -------------------------------------------------------------
Reporting Person Sole Dispositive
With: 7. Power 19,033
........................................
-------------------------------------------------------------
Shared Dispositive
8. Power
........................................
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person 19,033
.......................
10. Check box if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
.......................
11. Percent of Class Represented by
Amount in Row (9) 0.1%
......................................
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12. Type of Reporting Person (See Instructions)
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PN
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Page 4 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Partners (Cayman) IV, L.P.
90-0183706
........................................................................
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ...................................................................
(b) ...................................................................
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SEC Use
3. Only
...............................................................
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Citizenship or Place of
4. Organization Cayman Islands
..............................................
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Sole Voting
5. Power 320,256
........................................
-------------------------------------------------------------
Shared Voting
Number of Shares 6. Power
Beneficially ........................................
Owned by Each -------------------------------------------------------------
Reporting Person Sole Dispositive
With: 7. Power 320,256
........................................
-------------------------------------------------------------
Shared Dispositive
8. Power
........................................
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person 320,256
.......................
10. Check box if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
.......................
11. Percent of Class Represented by
Amount in Row (9) 1.6%
......................................
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12. Type of Reporting Person (See Instructions)
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PN
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Page 5 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Venture Associates IV, LLC
37-1417641
........................................................................
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ...................................................................
(b) ...................................................................
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SEC Use
3. Only
...............................................................
--------------------------------------------------------------------------------
Citizenship or Place of
4. Organization Delaware
..............................................
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Sole Voting
5. Power
........................................
-------------------------------------------------------------
Shared Voting
Number of Shares 6. Power 3,029,996
Beneficially ........................................
Owned by Each -------------------------------------------------------------
Reporting Person Sole Dispositive
With: 7. Power
........................................
-------------------------------------------------------------
Shared Dispositive
8. Power 3,029,996
........................................
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person 3,029,996
.......................
10. Check box if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
.......................
11. Percent of Class Represented by
Amount in Row (9) 14.7%
......................................
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12. Type of Reporting Person (See Instructions)
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OO
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Page 6 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Insight Holdings Group, LLC
35-2158588
........................................................................
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ...................................................................
(b) ...................................................................
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SEC Use
3. Only
...............................................................
--------------------------------------------------------------------------------
Citizenship or Place of
4. Organization Delaware
..............................................
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Sole Voting
5. Power
........................................
-------------------------------------------------------------
Shared Voting
Number of Shares 6. Power 3,029,996
Beneficially ........................................
Owned by Each -------------------------------------------------------------
Reporting Person Sole Dispositive
With: 7. Power
........................................
-------------------------------------------------------------
Shared Dispositive
8. Power 3,029,996
........................................
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person 3,029,996
.......................
10. Check box if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
.......................
11. Percent of Class Represented by
Amount in Row (9) 14.7%
......................................
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12. Type of Reporting Person (See Instructions)
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OO
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Page 7 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
ITEM 1.
(A) NAME OF ISSUER:
Callwave, Inc.
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
136 West Canon Perdido Street
Santa Barbara, CA 93101
ITEM 2.
NAME OF PERSON FILING:
Insight Venture Partners IV, L.P. ("IVP")
Insight Venture Partners IV (Co-Investors), L.P.
("IVP Co-Investors")
Insight Venture Partners (Fund B), L.P. ("IVP Fund
B")
Insight Venture Partners (Cayman) IV, L.P. ("IVP
Cayman")
Insight Venture Associates IV, LLC ("Associates")
Insight Holdings Group, LLC ("Holdings")
Supplemental information relating to the ownership
and control of the person filing this statement is
included in Exhibit 2(a) attached hereto.
(A) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
c/o Insight Capital Partners
680 Fifth Avenue, 9th Floor
New York, NY 10019
(B) CITIZENSHIP:
For all reporting persons (other than IVP Cayman):
Delaware
IVP Cayman: Cayman Islands
(C) TITLE OF CLASS OF SECURITIES (OF ISSUER):
Common Stock, $.0001 par value
(D) CUSIP NUMBER:
13126N 10 1
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240. 13D-1(B) OR 240.
13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
ITEM 4. OWNERSHIP
(A) AMOUNT BENEFICIALLY OWNED:
IVP : 2,395,490
IVP Co-Investors : 295,217
IVP Fund B : 19,033
IVP Cayman : 320,256
Associates : 3,029,996
Holdings : 3,209,996
Page 8 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
(B) PERCENT OF CLASS:
IVP : 11.6%
IVP Co-Investors : 1.4%
IVP Fund B : 0.1%
IVP Cayman : 1.6%
Associates : 14.7%
Holdings : 14.7%
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote: IVP: 2,395,490, IVP
Co-Investors: 295,217, IVP Fund B: 19,033,
IVP Cayman: 320,256, Associates: 0,
Holdings: 0
(ii) Shared power to vote: IVP: 0, IVP
Co-Investors: 0, IVP Fund B: 0, IVP Cayman:
0, Associates: 3,029,996, Holdings:
3,029,996
(iii) Sole power to dispose: IVP: 2,395,490, IVP
Co-Investors: 295,217, IVP Fund B: 19,033,
IVP Cayman: 320,256, Associates: 0,
Holdings: 0
(iv) Shared power to dispose: IVP: 0, IVP
Co-Investors: 0, IVP Fund B: 0, IVP Cayman:
0, Associates: 3,029,996, Holdings:
3,029,996
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
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
Page 9 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
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.
Date: February 9, 2006
INSIGHT VENTURE PARTNERS IV, L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT VENTURE PARTNERS IV (CO-INVESTORS), L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT VENTURE PARTNERS IV (FUND B), L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT VENTURE PARTNERS (CAYMAN) IV, L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
Page 10 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
INSIGHT VENTURE ASSOCIATES IV, LLC
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT HOLDINGS GROUP, LLC
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
Page 11 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
EXHIBIT 2(A)
This Statement is being filed by Insight Venture Partners IV, L.P.,
a Delaware limited partnership (hereinafter referred to as "IVP"), Insight
Venture Partners IV (Co-Investors), L.P., a Delaware limited partnership
(hereinafter referred to as "IVP Co-Investors"), Insight Venture Partners
(Cayman) IV, L.P., a Cayman Islands limited partnership (hereinafter referred
to as "IVP Cayman"), Insight Venture Partners IV (Fund B), L.P., a Delaware
limited partnership (hereinafter referred to as "IVP Fund B"), Insight Venture
Associates IV, LLC, a Delaware limited liability company (hereinafter referred
to as "Associates") and Insight Holdings Group, LLC, a Delaware limited
liability company (hereinafter referred to as "Holdings") each of whose
principal office is located at c/o Insight Capital Partners IV, L.P., 527
Madison Avenue, 10th Floor, New York, New York, 10022. Each of IVP, IVP
Co-Investors, IVP Cayman and IVP Fund B (collectively referred to herein as the
"Insight Funds") is engaged in the venture capital business. Each of Associates
and Holdings is engaged in the Venture Capital business indirectly through the
Insight Funds.
Associates is the general partner of each of the Insight Funds, and
as such may be deemed to be the beneficial owner of all shares held by the
Insight Funds.
Holdings is the managing member of Associates, and as such may be
deemed to be the beneficial owner of all shares held by the Insights Funds.
Page 12 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
EXHIBIT 2(B)
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other, except to the extent that he or it knows or has reason to
believe that such information is accurate.
Dated this 9th day of February, 2006.
INSIGHT VENTURE PARTNERS IV, L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT VENTURE PARTNERS IV (CO-INVESTORS), L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT VENTURE PARTNERS IV (FUND B), L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
Page 13 of 14 pages
SCHEDULE 13G
ISSUER: Callwave, Inc. CUSIP No.: 13126N 10 1
INSIGHT VENTURE PARTNERS (CAYMAN) IV, L.P.
By: Insight Venture Associates IV, LLC, its general partner
By: Insight Holdings Group, LLC, its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT VENTURE ASSOCIATES IV, LLC
By: Insight Holdings Group, LLC., its managing member
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
INSIGHT HOLDINGS GROUP, LLC
By: /s/Jeff Horing
-----------------------------------
Name: Jeff Horing
Title: Managing Member
Page 14 of 14 pages