UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 1)*

                                  DexCom, Inc.
                                  ------------
                                (Name of Issuer)

                    Common Stock, par value $0.001 Par Value
                         (Title of Class of Securities)

                                    252131107
                                    ---------
                                 (CUSIP Number)

                                   May 2, 2006
                                   -----------
             (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 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. 252131107                           13G       Page 2 of 10 Pages
-----------------------------------------               ------------------------

---------- ---------------------------------------------------------------------
1          NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

           Warburg Pincus Private Equity VIII, L.P.           I.R.S. #13-4161869
---------- ---------------------------------------------------------------------
2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                     (a) [ ]
                                                                     (b) [X]

---------- ---------------------------------------------------------------------
3          SEC USE ONLY
---------- ---------------------------------------------------------------------
4          CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
-------------------- ------ ----------------------------------------------------
                     5      SOLE VOTING POWER

                            0
                     ------ ----------------------------------------------------
     NUMBER OF       6      SHARED VOTING POWER
      SHARES
   BENEFICIALLY             2,292,837
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING       7      SOLE DISPOSITIVE POWER
      PERSON
       WITH:                0
                     ------ ----------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                            2,292,837
---------- ---------------------------------------------------------------------
9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           2,292,837
---------- ---------------------------------------------------------------------
10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

           N/A
---------- ---------------------------------------------------------------------
11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           8.5%
---------- ---------------------------------------------------------------------
12         TYPE OF REPORTING PERSON*

           PN
---------- ---------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!






-----------------------------------------               ------------------------
CUSIP No. 252131107                           13G       Page 3 of 10 Pages
-----------------------------------------               ------------------------

---------- ---------------------------------------------------------------------
1          NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

           Warburg Pincus & Co.                         I.R.S. #13-6358475
---------- ---------------------------------------------------------------------
2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                     (a) [ ]
                                                                     (b) [X]

---------- ---------------------------------------------------------------------
3          SEC USE ONLY
---------- ---------------------------------------------------------------------
4          CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
-------------------- ------ ----------------------------------------------------
                     5      SOLE VOTING POWER

                            0
                     ------ ----------------------------------------------------
     NUMBER OF       6      SHARED VOTING POWER
      SHARES
   BENEFICIALLY             2,292,837
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING       7      SOLE DISPOSITIVE POWER
      PERSON
       WITH:                0
                     ------ ----------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                            2,292,837
---------- ---------------------------------------------------------------------
9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           2,292,837
---------- ---------------------------------------------------------------------
10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

           N/A
---------- ---------------------------------------------------------------------
11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           8.5%
---------- ---------------------------------------------------------------------
12         TYPE OF REPORTING PERSON*

           PN
---------- ---------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!






-----------------------------------------               ------------------------
CUSIP No. 252131107                           13G       Page 4 of 10 Pages
-----------------------------------------               ------------------------

---------- ---------------------------------------------------------------------
1          NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

           Warburg Pincus LLC                           I.R.S. #13-3536050
---------- ---------------------------------------------------------------------
2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                     (a) [ ]
                                                                     (b) [X]

---------- ---------------------------------------------------------------------
3          SEC USE ONLY
---------- ---------------------------------------------------------------------
4          CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
-------------------- ------ ----------------------------------------------------
                     5      SOLE VOTING POWER

                            0
                     ------ ----------------------------------------------------
     NUMBER OF       6      SHARED VOTING POWER
      SHARES
   BENEFICIALLY             2,292,837
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING       7      SOLE DISPOSITIVE POWER
      PERSON
       WITH:                0
                     ------ ----------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                            2,292,837
---------- ---------------------------------------------------------------------
9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           2,292,837
---------- ---------------------------------------------------------------------
10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

           N/A
---------- ---------------------------------------------------------------------
11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           8.5%
---------- ---------------------------------------------------------------------
12         TYPE OF REPORTING PERSON*

           OO
---------- ---------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!







-----------------------------------------               ------------------------
CUSIP No. 252131107                           13G       Page 5 of 10 Pages
-----------------------------------------               ------------------------

---------- ---------------------------------------------------------------------
1          NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

           Warburg Pincus Partners LLC                        I.R.S. #13-4069737
---------- ---------------------------------------------------------------------
2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                     (a) [ ]
                                                                     (b) [X]

---------- ---------------------------------------------------------------------
3          SEC USE ONLY
---------- ---------------------------------------------------------------------
4          CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
-------------------- ------ ----------------------------------------------------
                     5      SOLE VOTING POWER

                            0
                     ------ ----------------------------------------------------
     NUMBER OF       6      SHARED VOTING POWER
      SHARES
   BENEFICIALLY             2,292,837
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING       7      SOLE DISPOSITIVE POWER
      PERSON
       WITH:                0
                     ------ ----------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                            2,292,837
---------- ---------------------------------------------------------------------
9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           2,292,837
---------- ---------------------------------------------------------------------
10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

           N/A
---------- ---------------------------------------------------------------------
11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           8.5%
---------- ---------------------------------------------------------------------
12         TYPE OF REPORTING PERSON*

           OO
---------- ---------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!






Item 1(a):    Name of Issuer:

              DexCom, Inc. (the "Company")

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

              5555 Oberlin Drive
              San Diego, CA  92121

Item 2(a):    Name of Person Filing:

     This Amendment No. 1 to Schedule 13G is filed by Warburg Pincus Private
Equity VIII, L.P. and three affiliated entities (collectively, "WP VIII") and
amends the Schedule 13G filed by WP VIII on February 1, 2006 (the "Initial
Schedule 13G"). The sole general partner of WP VIII is Warburg Pincus Partners
LLC ("WPP LLC"). WPP LLC is managed by Warburg Pincus & Co. ("WP"). Warburg
Pincus LLC ("WP LLC"), manages WP VIII. Charles R. Kaye and Joseph P. Landy are
each Managing General Partners of WP and Co-Presidents and Managing Members of
WP LLC. Each of WP, WPP LLC, WP LLC, Mr. Kaye and Mr. Landy disclaim beneficial
ownership of the Common Stock except to the extent of any indirect pecuniary
interest therein. WP VIII, WPP LLC, WP and WP LLC are sometimes collectively
referred to herein as the "Warburg Pincus Reporting Persons."

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

     The address of the principal business office of the Warburg Pincus
Reporting Persons is c/o Warburg Pincus & Co., 466 Lexington Avenue, New York,
New York 10017.

Item 2(c):    Citizenship:

     WP VIII is a Delaware limited partnership, WPP LLC is a New York limited
liability company, WP is a New York general partnership and WP LLC is a New York
limited liability company.

Item 2(d):    Title of Class of Securities:

     Common Stock, par value $0.001 per share ("Common Stock")

Item 2(e):    CUSIP Number

              252131107

Item 3:       If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b)
or (c), check whether the person filing is a:

                    A.   [ ] Broker or dealer registered under Section 15 of the
                         Act,

                    B.   [ ] Bank as defined in Section 3(a)(6) of the Act,

                    C.   [ ] Insurance Company as defined in Section 3(a)(19) of
                         the Act,

                    D.   [ ] Investment Company registered under Section 8 of
                         the Investment Company Act of 1940,

                    E.   [ ] Investment Adviser in accordance with Rule 13d-1
                         (b)(1)(ii)(E),




                    F.   [ ] Employee Benefit Plan or Endowment Fund in
                         accordance with 13d-1 (b)(1)(ii)(F),

                    G.   [ ] Parent Holding Company or control person in
                         accordance with Rule 13d-1 (b)(1)(ii)(G),

                    H.   [ ] Savings Association as defined in Section 3(b) of
                         the Federal Deposit Insurance Act,

                    I.   [ ] Church Plan that is excluded from the definition of
                         an investment company under Section 3(c)(14) of the
                         Investment Company Act of 1940,

                    J.   [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4:             Ownership:

      A.  Warburg Pincus Private Equity VIII, L.P.
          ----------------------------------------

         (a) Amount beneficially owned: 2,292,837

         (b)  Percent of class: 8.5%

         (c)  Number of shares as to which such person has:

              (i) Sole power to vote or to direct the vote: 0

             (ii) Shared power to vote or to direct the vote: 2,292,837

            (iii) Sole power to dispose or to direct the disposition: 0 )

             (iv) Shared power to dispose or to direct the disposition:
                  2,292,837

      B.  Warburg Pincus Partners LLC
          ----------------------------------------

         (a)  Amount beneficially owned: 2,292,837

         (b)  Percent of class: 8.5%

         (c)  Number of shares as to which such person has:

              (i) Sole power to vote or to direct the vote: 0

             (ii) Shared power to vote or to direct the vote: 2,292,837

            (iii) Sole power to dispose or to direct the disposition: 0 )

             (iv) Shared power to dispose or to direct the disposition:
                  2,292,837

      C.  Warburg Pincus & Co.
          ----------------------------------------

         (a)  Amount beneficially owned: 2,292,837

         (b)  Percent of class: 8.5%

         (c)  Number of shares as to which such person has:

              (i) Sole power to vote or to direct the vote: 0

             (ii) Shared power to vote or to direct the vote: 2,292,837

            (iii) Sole power to dispose or to direct the disposition: 0 )

             (iv) Shared power to dispose or to direct the disposition:
                  2,292,837

      D.  Warburg Pincus  LLC
          ----------------------------------------

         (a)  Amount beneficially owned: 2,292,837

         (b)  Percent of class: 8.5%

         (c)  Number of shares as to which such person has:

              (i) Sole power to vote or to direct the vote: 0

             (ii) Shared power to vote or to direct the vote: 2,292,837

            (iii) Sole power to dispose or to direct the disposition: 0 )

             (iv) Shared power to dispose or to direct the disposition:
                  2,292,837

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:

     Other than as set forth herein, no other person has the right to receive or
the power to direct the receipt of dividends from, or proceeds from the sale of,
in excess of 5% of the total outstanding Common Stock.

Item 7:       Identification  and  Classification of the Subsidiary Which
              Acquired the Security Being Reported on by the Parent Holding
              Company

              N/A




Item 8:       Identification and Classification of Members of the Group:

     WP VIII, WPP LLC, WP and WP LLC are making this single, joint filing
because they may be deemed to constitute a "group" within the meaning of Section
13(d)(3) of the Securities Exchange Act of 1934, as amended. The agreement among
WP VIII, WPP LLC, WP and WP LLC to file jointly is attached as Exhibit A to the
Initial Schedule 13G. Each of WP VIII, WPP LLC, WP and WP LLC disclaims
beneficial ownership of all of the shares of Common Stock, other than those
reported herein as being owned by it.

Item 9:       Notice of Dissolution of Group:

              N/A

Item 10:      Certification:

              N/A





                                   SIGNATURES

     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:  May 2, 2006                    WARBURG PINCUS PRIVATE EQUITY VIII, L.P.

                                               By:  Warburg Pincus Partners LLC,
                                                    its General Partner

                                               By:  Warburg Pincus & Co.,
                                                    its Managing Member


                                       By: /s/ Scott A. Arenare
                                          --------------------------------------
                                           Name:  Scott A. Arenare
                                           Title: Partner


Dated:  May 2, 2006                    WARBURG PINCUS PARTNERS LLC

                                               By:  Warburg Pincus & Co.,
                                                    its Managing Member


                                       By: /s/ Scott A. Arenare
                                          --------------------------------------
                                           Name:  Scott A. Arenare
                                           Title: Partner

Dated:  May 2, 2006                    WARBURG PINCUS & CO.


                                       By: /s/ Scott A. Arenare
                                          --------------------------------------
                                           Name:  Scott A. Arenare
                                           Title: Partner

Dated:  May 2, 2006                    WARBURG PINCUS LLC


                                       By: /s/ Scott A. Arenare
                                          --------------------------------------
                                           Name:  Scott A. Arenare
                                           Title: Partner