SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(AMENDMENT NO. _)(1)
EVOLVE SOFTWARE, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
30049P104
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(CUSIP Number)
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)
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(1) 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 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. 30049P104 13G Page 2 of 11 Pages
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1 Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of above persons
SIERRA VENTURES VI, L.P., A CALIFORNIA LIMITED
PARTNERSHIP ("SIERRA VI") 94-3259091
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2 Check the Appropriate Box if a Member of a Group* (a)/ / (b)/X/
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3 SEC use only
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4 Citizenship or Place of Organization
CALIFORNIA LIMITED PARTNERSHIP
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Number of Shares 5 Sole Voting Power -0-
Beneficially Owned by
Each Reporting Person With -------------------------------------------------
6 Shared Voting Power 6,162,532
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7 Sole Dispositive Power -0-
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8 Shared Dispositive Power 6,162,532
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9 Aggregate Amount Beneficially Owned by Each 6,162,532
Reporting Person
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10 Check Box if the Aggregate Amount in Row (9) / /
Excludes Certain Shares*
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11 Percent of Class Represented by Amount in Row 9 16.0%
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12 Type of Reporting Person* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30049P104 13G Page 3 of 11 Pages
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1 Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of above persons
SV ASSOCIATES VI, L.P., A CALIFORNIA LIMITED
PARTNERSHIP ("SV ASSOCIATES VI") 94-3259090
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2 Check the Appropriate Box if a Member of a Group* (a)/ / (b)/X/
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3 SEC use only
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4 Citizenship or Place of Organization
CALIFORNIA LIMITED PARTNERSHIP
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Number of Shares 5 Sole Voting Power -0-
Beneficially Owned by
Each Reporting Person With -------------------------------------------------
6 Shared Voting Power 6,162,532
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7 Sole Dispositive Power -0-
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8 Shared Dispositive Power 6,162,532
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9 Aggregate Amount Beneficially Owned by Each 6,162,532
Reporting Person
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10 Check Box if the Aggregate Amount in Row (9) / /
Excludes Certain Shares*
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11 Percent of Class Represented by Amount in Row 9 16.0%
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12 Type of Reporting Person* PN
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CUSIP NO. 30049P104 13G Page 4 of 11 Pages
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1 Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of above persons
SIERRA VENTURES VII, L.P., A CALIFORNIA LIMITED
PARTNERSHIP ("SIERRA VII") 94-3315644
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2 Check the Appropriate Box if a Member of a Group* (a)/ / (b)/X/
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3 SEC use only
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4 Citizenship or Place of Organization
CALIFORNIA LIMITED PARTNERSHIP
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Number of Shares 5 Sole Voting Power -0-
Beneficially Owned by
Each Reporting Person With -------------------------------------------------
6 SHARed Voting Power 821,448
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7 SOLE Dispositive Power -0-
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8 Shared Dispositive Power 821,448
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9 Aggregate Amount Beneficially Owned by Each 821,448
Reporting Person
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10 Check Box if the Aggregate Amount in Row (9) / /
Excludes Certain Shares*
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11 Percent of Class Represented by Amount in Row 9 2.1%
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12 Type of Reporting Person* PN
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CUSIP NO. 30049P104 13G Page 5 of 11 Pages
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1 Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of above persons
SIERRA VENTURES ASSOCIATES VII, LLC, A CALIFORNIA LIMITED
LIABILITY COMPANY ("SV ASSOCIATES VII") 94-3315643
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2 Check the Appropriate Box if a Member of a Group* (a)/ / (b)/X/
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3 SEC use only
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4 Citizenship or Place of Organization
CALIFORNIA LIMITED LIABILITY COMPANY
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Number of Shares 5 Sole Voting Power -0-
Beneficially Owned by
Each Reporting Person With -------------------------------------------------
6 Shared Voting Power 821,448
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7 Sole Dispositive Power -0-
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8 Shared Dispositive Power 821,448
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9 Aggregate Amount Beneficially Owned by Each 821,448
Reporting Person
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10 Check Box if the Aggregate Amount in Row (9) / /
Excludes Certain Shares*
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11 Percent of Class Represented by Amount in Row 9 2.1%
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12 Type of Reporting Person* PN
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Page 6 of 11 Pages
ITEM 1(a) NAME OF ISSUER:
Evolve Software, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1400 65th St., Suite 100
Emeryville, CA 94608
ITEM 2(a) NAME OF PERSON FILING:
This statement is being filed by SV Associates VI, L.P., a
California Limited Partnership ("SV Associates VI"), and
Sierra Ventures Associates VII, LLC., a California Limited
Liability Company ("SV Associates VII") whose principal
business is 3000 Sand Hill Road, Building Four, Suite 210,
Menlo Park, California 94025. SV Associates VI is general
partner to Sierra Ventures VI, a California Limited
Partnership ("Sierra VI"), and SV Associates VII is general
partner to Sierra Ventures VII, a California Limited
Partnership ("Sierra VII"). With respect to SV Associates VI
and SV Associates VII, this statement relates only to their
indirect, beneficial ownership of shares of Common Stock of
Evolve Software, Inc. (the "Shares"). The Shares are held
directly by Sierra VI and Sierra VII. Management of the
Business affairs of SV Associates VI and SV Associates VII,
including decisions respecting disposition and/or voting of
the Shares, is by majority decision of the general partners
of SV Associates VI and SV Associates VII listed on Exhibit B
hereto. Each individual general partner disclaims beneficial
ownership of the Shares.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICES OR, IF NONE, RESIDENCE:
See Above.
ITEM 2(c) CITIZENSHIP
See Above
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e) CUSIP NUMBER:
30049P104
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP.
Please see Rows 5-11 of cover pages.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable.
Page 7 of 11 Pages
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON.
Under certain circumstances set forth in the limited
partnership agreements of Sierra VI, Sierra VII and SV
Associates VI and SV Associates VII, the managers, general
and limited partners of such entities may have the right to
receive dividends from, or the proceeds from the sale of
shares of Common Stock of Evolve Software, Inc. held by such
entity. No such partner's rights relate to more than five
percent of the class.
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 8 of 11 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that that information set forth in this statement is true, complete and
correct.
February 14, 2001
SV ASSOCIATES VI, L.P. SIERRA VENTURES
ASSOCIATES VII, LLC
By: /s/ Martha A. Clarke Adamson By: /s/ Martha A. Clarke Adamson
-------------------------------- ---------------------------------
Martha A. Clarke Adamson Martha A. Clarke Adamson
Chief Financial Officer Chief Financial Officer
SIERRA VENTURES VI, L.P., SIERRA VENTURES VII, L.P.,
A CALIFORNIA LIMITED A CALIFORNIA LIMITED
PARTNERSHIP PARTNERSHIP
By SV Associates VI, L.P., its By Sierra Ventures Associates VII,
General Partner LLC, its General Partner
By: /s/ Martha A. Clarke Adamson By: /s/ Martha A. Clarke Adamson
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Martha A. Clarke Adamson Martha A. Clarke Adamson
Chief Financial Officer Chief Financial Officer
Page 9 of 11 Pages
EXHIBIT INDEX
Found on
Sequentially
Exhibit Numbered Page
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Exhibit A: Agreement of Joint Filing 10
Exhibit B: List of General Partners of SV Associates 11
VI, L.P., and the Managers of Sierra Ventures
Associates VII, LLC
Page 10 of 11 Pages
EXHIBIT A
AGREEMENT OF JOINT FILING
The undersigned hereby agree that they are filing jointly pursuant to
Rule 13d-1 of the Act the statement dated February 14, 2001, containing the
information required by Schedule 13G, for the Shares of the Common Stock of
Evolve Software, Inc. held by Sierra Ventures VI, a California Limited
Partnership, and Sierra Ventures VII, a California Limited Partnership.
February 14, 2001
SV ASSOCIATES VI, L.P. SIERRA VENTURES
ASSOCIATES VII, LLC
By: /s/ Martha A. Clarke Adamson By: /s/ Martha A. Clarke Adamson
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Martha A. Clarke Adamson Martha A. Clarke Adamson
Chief Financial Officer Chief Financial Officer
SIERRA VENTURES VI, L.P., SIERRA VENTURES VII, L.P.,
A CALIFORNIA LIMITED A CALIFORNIA LIMITED
PARTNERSHIP PARTNERSHIP
By SV Associates VI, L.P., its By Sierra Ventures Associates VII,
General Partner LLC, its General Partner
By: /s/ Martha A. Clarke Adamson By: /s/ Martha A. Clarke Adamson
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Martha A. Clarke Adamson Martha A. Clarke Adamson
Chief Financial Officer Chief Financial Officer
Page 11 of 11 Pages
EXHIBIT B
GENERAL PARTNERS OF SV ASSOCIATES VI, L.P., AND
MANAGERS OF SV ASSOCIATES VII, LLC
Set forth below, with respect to each general partners of SV Associates VI,
L.P., and managers of Sierra Ventures Associates VII, LLC are the following: (a)
name; (b) business address and (c) citizenship.
1. (a) Peter C. Wendell
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
2. (a) Jeffrey M. Drazan
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
3. (a) David C. Schwab
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen