sc13gza
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
Amendment No. 1+
Starent Networks, Corp.
 
(Name of Issuer)
Common Stock, $0.001 par value per share
 
(Title of Class of Securities)
85528P108
 
(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)
þ 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).
+  Explanatory Note
The original Schedule 13G filed with the Securities and Exchange Commission on February 6, 2008 incorrectly reported Mr. Anderson as having sole voting and dispositive power over 666,666 shares of the issuer’s common stock. This Amendment No. 1 to Schedule 13G is being filed to correctly report the shares as to which Mr. Anderson has sole voting and dispositive power as 66,666.
 
 

 


 

                     
CUSIP No.
 
85528P108 
 

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
NBVM GP, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   10,542,721
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -0-
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   10,542,721
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    -0-
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,542,721
     
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)
   
  15.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

Page 2 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
NORTH BRIDGE VENTURE MANAGEMENT IV, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   10,542,721
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -0-
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   10,542,721
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    -0-
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,542,721
     
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)
   
  15.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 3 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
NORTH BRIDGE VENTURE PARTNERS IV A, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   7,144,649
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -0-
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   7,144,649
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    -0-
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  7,144,649
     
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)
   
  10.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 4 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
NORTH BRIDGE VENTURE PARTNERS IV B, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   3,398,072
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -0-
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   3,398,072
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    -0-
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,398,072
     
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)
   
  4.9%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 5 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
EDWARD T. ANDERSON
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   66,666
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   10,542,721
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   66,666
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    10,542,721
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,609,387
     
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)
   
  15.5%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

Page 6 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
RICHARD A. D’ AMORE
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   10,542,721
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    10,542,721
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,542,721
     
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)
   
  15.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

Page 7 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
Item 1(a) Name of Issuer:
     Starent Networks, Corp.
Item 1(b) Address of Issuer’s Principal Executive Offices:
30 International Place
Tewksbury, MA 01876
Item 2(a) Name of Person Filing:
NBVM GP, LLC (the “GP of the GP”)
North Bridge Venture Management IV, L.P. (the “General Partner”)
North Bridge Venture Partners IV A, L.P. (“IV A”)
North Bridge Venture Partners IV B, L.P. (“IV B”)
Edward T. Anderson (“Mr. Anderson”)
Richard A. D’Amore (“Mr. D’Amore”)
Item 2(b) Address of Principal Business Office or, if None, Residence:
     The address of the reporting persons is:
c/o North Bridge Venture Partners
950 Winter Street, Suite 4600
Waltham, Massachusetts 02451
Item 2(c) Citizenship:
       
 
GP of the GP
  Delaware limited liability company
 
General Partner
  Delaware limited partnership
 
IV A
  Delaware limited partnership
 
IV B
  Delaware limited partnership
 
Mr. Anderson
  U.S. citizen
 
Mr. D’Amore
  U.S. citizen
Item 2(d) Title of Class of Securities:
This Schedule 13G report relates to the Common Stock, par value $0.001 per share (“Common Stock”), of Starent Networks, Corp.
Item 2(e) CUSIP Number:
     85528P108
Item 3 Description of Person Filing:
     Not applicable.
Item 4 Ownership:
  (a)   Amount Beneficially Owned:
 
      As of December 31, 2007: (i) IV A was the record holder of 7,144,649 shares of Common Stock (the “IV A Shares”), (ii) IV B was the record

Page 8 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
      holder of 3,398,072 shares of Common Stock (the “IV B Shares”; together with the IV A Shares, the “Record Shares”).
 
      As the general partner of IV A and IV B, the General Partner may be deemed to own beneficially the Record Shares.
 
      As the general partner of the General Partner, the GP of the GP may be deemed to own beneficially the Record Shares.
 
      Messrs. Anderson and D’Amore, as individual managers of the GP of the GP with shared voting and dispositive power over the Record Shares, may be deemed to beneficially own the Record Shares.
 
      As of December 31, 2007, Mr. Anderson was the record holder of 66,666 shares of Common Stock.
 
  (b)   Percent of Class:
         
GP of the GP
    15.4 %
General Partner
    15.4 %
IV A
    10.4 %
IV B
    4.9 %
Mr. Anderson
    15.5 %
Mr. D’Amore
    15.4 %
  (c)   Number of Shares as to which the Person has:
                                 
    NUMBER OF SHARES
Reporting Person   (i)   (ii)   (iii)   (iv)
     
GP of the GP
    10,542,721       0       10,542,721       0  
General Partner
    10,542,721       0       10,542,721       0  
IV A
    7,144,649       0       7,144,649       0  
IV B
    3,398,072       0       3,398,072       0  
 
                               
Edward T. Anderson
    66,666       10,542,721       66,666       10,542,721  
Richard A. D’Amore
    0       10,542,721       0       10,542,721  
     
 
(i)   Sole power to vote or 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
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.

Page 9 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
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:
Each of the Reporting Persons expressly disclaims membership in a “Group” as defined in Rule 13d-1(b)(ii)(J).
Item 9 Notice of Dissolution of Group:
     Not applicable.
Item 10 Certification:
Not applicable. This Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c).

Page 10 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
SIGNATURE
     After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct.
DATED: March 10, 2008.
             
    NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    
 
           
    NORTH BRIDGE VENTURE MANAGEMENT IV, L.P.
 
           
    By: NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    
 
           
    NORTH BRIDGE VENTURE PARTNERS IV A, L.P.
 
           
    By: North Bridge Venture Management IV, L.P.
 
           
    By: NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    
 
           
    NORTH BRIDGE VENTURE PARTNERS IV B, L.P.
 
           
    By: North Bridge Venture Management IV, L.P.
 
           
    By: NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    

Page 11 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
             
    /s/ EDWARD T. ANDERSON
         
    EDWARD T. ANDERSON
 
           
    /s/ RICHARD A. D’AMORE
         
    RICHARD A. D’AMORE

Page 12 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
Exhibit I
Joint Filing Agreement
     Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of the shares of Common Stock of Starent Networks, Corp. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.
     EXECUTED as of this 10th day of March, 2008.
             
    NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    
 
           
    NORTH BRIDGE VENTURE MANAGEMENT IV, L.P.
 
           
    By: NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    
 
           
    NORTH BRIDGE VENTURE PARTNERS IV A, L.P.
 
           
    By: North Bridge Venture Management IV, L.P.
 
           
    By: NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    
 
           
    NORTH BRIDGE VENTURE PARTNERS IV B, L.P.
 
           
    By: North Bridge Venture Management IV, L.P.
 
           
    By: NBVM GP, LLC
 
           
 
  By:
Name:
  /s/ Edward T. Anderson
 
Edward T. Anderson
   
 
  Title:   Manager    

Page 13 of 14 pages


 

                     
CUSIP No.
 
85528P108 
 
             
    /s/ EDWARD T. ANDERSON
         
    EDWARD T. ANDERSON
 
           
    /s/ RICHARD A. D’AMORE
         
    RICHARD A. D’AMORE

Page 14 of 14 pages