-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GZZq2IQpCu3L4jVIVvn3eUCrMeFYsFJn+SN54HmgKHKrZPX0N5DHdVo3LnWBh+vl w3RnuiU3yCMF0kxpbojIuQ== 0001035704-08-000066.txt : 20080213 0001035704-08-000066.hdr.sgml : 20080213 20080213133710 ACCESSION NUMBER: 0001035704-08-000066 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080213 DATE AS OF CHANGE: 20080213 GROUP MEMBERS: ALLAN WOLFE GROUP MEMBERS: BLAKE MODERSITZKI GROUP MEMBERS: CARL LEDBETTER GROUP MEMBERS: HEIDI HUNTSMAN GROUP MEMBERS: JAMES DREYFOUS GROUP MEMBERS: UTAH ENTREPRENEUR PARTNERS III LLC GROUP MEMBERS: UTAH ENTREPRENEURS FUND III LP GROUP MEMBERS: UTAH VENTURE PARTNERS III LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Riverbed Technology, Inc. CENTRAL INDEX KEY: 0001357326 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 030448754 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82443 FILM NUMBER: 08603215 BUSINESS ADDRESS: STREET 1: 199 FREMONT STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 247-8800 MAIL ADDRESS: STREET 1: 199 FREMONT STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UTAH VENTURES III LP CENTRAL INDEX KEY: 0001174989 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2755 EAST COTTONWOOD PKWY STREET 2: SUITE 520 CITY: SALT LAKE CITY STATE: UT ZIP: 84121 BUSINESS PHONE: 801-365-0262 SC 13G/A 1 d53868sc13gza.htm AMENDMENT TO SCHEDULE 13G sc13gza
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13G-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13G-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13G-2
(Amendment No. 1)
RIVERBED TECHNOLOGY, INC.
 
(Name of Issuer)
COMMON STOCK
 
(Title of Class of Securities)
768573107
 
(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).


 

                     
CUSIP No.
 
768573107 
  Page 2 of 15

 

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

Utah Ventures III, L.P.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  30,515 (2)
     
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)
   
  .043% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN
     
(1)   This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.  
 
(2)   Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
 
(3)   This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.

 


 

                     
CUSIP No.
 
768573107 
  Page 3 of 15

 

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

Utah Venture Partners III, L.L.C.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  30,515 (2)
     
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)
   
  .043% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
     
(1)   This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
 
(2)   Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
 
(3)   This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.

 


 

                     
CUSIP No.
 
768573107 
  Page 4 of 15

 

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

Blake Modersitzki
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ  (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   53,298
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   53,298
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  83,813 (2)
     
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)
   
  .119% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
     
(1)   This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
 
(2)   Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
 
(3)   This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.

 


 

                     
CUSIP No.
 
768573107 
  Page 5 of 15

 

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

James Dreyfous
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ  (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   59,884
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   59,884
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  90,399 (2)
     
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)
   
  .128% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
     
(1)   This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons“). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
 
(2)   Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
 
(3)   This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.

 


 

                     
CUSIP No.
 
768573107 
  Page 6 of 15

 

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

Allan Wolfe
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   26,714
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   26,714
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  57,229 (2)
     
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)
   
  .081% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
     
(1)   This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
 
(2)   Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
 
(3)   This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.

 


 

                     
CUSIP No.
 
768573107 
  Page 7 of 15

 

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

Carl Ledbetter
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   59,208
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   59,208
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  89,723 (2)
     
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)
   
  .127% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
     
(1)   This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
 
(2)   Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
 
(3)   This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.


 

                     
CUSIP No. 768573107 
 
  Page 8  of 15  
   
 

 

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

Heidi Huntsman
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   14,681
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   30,515 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   14,681
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    30,515 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  45,196 (2)
     
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)
   
  .064% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1)     This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)     Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
(3)     This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.


 

                     
CUSIP No. 768573107 
 
  Page 9  of 15

 

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

Utah Entrepreneurs Fund III, L.P.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    0 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  0 (2)
     
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)
   
  0.0% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN
(1)     This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)     Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
(3)     This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.


 

                     
CUSIP No. 768573107 
 
  Page 10  of 15

 

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

Utah Entrepreneur Partners III, L.L.C.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ (1)
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0 (2)
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8.   SHARED DISPOSITIVE POWER
     
    0 (2)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  0 (2)
     
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)
   
  0.0% (3)
     
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
(1)     This Schedule is filed by Utah Ventures III, L.P., Utah Entrepreneurs Fund III, L.P., Utah Venture Partners III, L.L.C., Utah Entrepreneur Partners III, L.L.C., Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter, and Heidi Huntsman (collectively, the “Utah Ventures Persons”). The Utah Ventures Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)     Includes (i) 30,515 shares held directly by Utah Ventures III, L.P. and (ii) 0 shares held directly by Utah Entrepreneurs Fund III, L.P. The general partner of Utah Ventures III, L.P. is Utah Venture Partners III, L.L.C., and the managing members of Utah Venture Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. The general partner of Utah Entrepreneurs Fund III, L.P. is Utah Entrepreneur Partners III, L.L.C., and the managing members of Utah Entrepreneur Partners III, L.L.C. are Blake Modersitzki, James Dreyfous, Allan Wolfe, Carl Ledbetter and Heidi Huntsman. Each of the managing members exercises shared voting and investment power over the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively. Each of the managing members disclaims beneficial ownership of the shares held by Utah Ventures III, L.P. and Utah Entrepreneurs Fund III, L.P., respectively, except to the extent of his or her pecuniary interest therein.
(3)     This percentage is calculated based upon 70,706,908 shares of the Issuer’s common stock outstanding (as of October 23, 2007), as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 25, 2007 for the period ended September 30, 2007.


 

                     
CUSIP No. 768573107 
 
  Page 11  of 15  
   
 
 
    Introductory Note: This Statement on Schedule 13G is filed on behalf of Utah Ventures III, L.P., a limited partnership organized under the laws of the State of Delaware (“UV III”), Utah Entrepreneurs Fund III, L.P., a limited partnership organized under the laws of the State of Delaware (“UEF III”), Utah Venture Partners III, L.L.C., a limited liability company organized under the laws of the State of Delaware (“UVP III”), Utah Entrepreneur Partners III, L.L.C., a limited liability company organized under the laws of the State of Delaware (“UEP III”), Blake Modersitzki (“Modersitzki”), James Dreyfous (“Dreyfous”), Allan Wolfe (“Wolfe”), Carl Ledbetter (“Ledbetter”), and Heidi Huntsman (“Huntsman”) in respect of shares of Common Stock of Riverbed Technology, Inc.
Item 1(a)   Name of Issuer
Riverbed Technology, Inc.
Item 1(b)   Address of Issuer’s Principal Executive Offices
501 Second Street
San Francisco, CA 94107
Item 2(a)   Name of Person Filing
Utah Ventures III, L.P.
Utah Entrepreneurs Fund III, L.P.
Utah Venture Partners III, L.L.C.
Utah Entrepreneur Partners III, L.L.C.
Blake Modersitzki
James Dreyfous
Allan Wolfe
Carl Ledbetter
Heidi Huntsman
Item 2(b)   Address of Principal Business Office or, if none, Residence
2755 East Cottonwood Parkway, Suite 520
Salt Lake City, UT 84121
Item 2(c)   Citizenship
Each of UV III and UEF III is a limited partnership organized in the State of Delaware. Each of UVP III and UEP III is a limited liability company organized in the State of Delaware. Each of Modersitzki, Dreyfous, Wolfe, Ledbetter, and Huntsman is a United States citizen.
Item 2(d)   Title of Class of Securities
Common Stock
Item 2(e)   CUSIP Number
768573107
Item 3   Not applicable.


 

                     
CUSIP No. 768573107 
 
  Page 12  of 15
Item 4 Ownership
                                                         
            Sole   Shared   Sole   Shared        
    Shares Held   Voting   Voting   Dispositive   Dispositive   Beneficial   Percentage
Holder   Directly   Power   Power   Power   Power   Ownership   of Class (4)
Utah Ventures III L.P.
    30,515       0       30,515       0       30,515       30,515       .043 %
 
                                                       
Utah Entrepreneurs Fund III, L.P.
    0       0       0       0       0       0       0.0 %
 
                                                       
Utah Venture Partners III, L.L.C.
    0       0       30,515       0       30,515       30,515       .043 %
 
                                                       
Utah Entrepreneur Partners III, L.L.C.
    0       0       0       0       0       0       0.0 %
 
                                                       
Blake Modersitzki
    53,298       53,298       30,515       53,298       30,515       82,813       .119 %
 
                                                       
James Dreyfous
    59,884       59,884       30,515       59,884       30,515       90,399       .128 %
 
                                                       
Allan Wolfe
    26,714       26,714       30,515       26,714       30,515       57,229       .081 %
 
                                                       
Carl Ledbetter
    59,208       59,208       30,515       59,208       30,515       89,723       .127 %
 
                                                       
Heidi Huntsman
    14,681       14,681       30,515       14,681       30,515       45,196       .062 %
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 þ.
Item 6   Ownership of More than Five Percent 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.


 

                     
CUSIP No. 768573107 
 
  Page 13  of 15  
   
 
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.
             
February 13, 2008
  UTAH VENTURES III, L.P.    
 
           
 
  BY:   UTAH VENTURE PARTNERS III, L.L.C.    
 
  ITS:   GENERAL PARTNER    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous    
 
      Managing Member    
 
           
February 13, 2008
  UTAH ENTREPRENEURS FUND III, L.P.    
 
           
 
  BY:   UTAH ENTREPRENEUR PARTNERS III, L.L.C.    
 
  ITS:   GENERAL PARTNER    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous
Managing Member
   
 
           
February 13, 2008
  UTAH VENTURE PARTNERS III, L.L.C.    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous
Managing Member
   
 
           
February 13, 2008
  UTAH ENTREPRENEUR PARTNERS III, L.L.C.    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous
Managing Member
   
 
           
February 13, 2008
      /s/ Blake Modersitzki    
 
           
 
      Blake Modersitzki    
 
           
February 13, 2008
      /s/ James Dreyfous    
 
           
 
      James Dreyfous    
 
           
February 13, 2008
      /s/ Allan Wolfe    
 
           
 
      Allan Wolfe    
 
           
February 13, 2008
      /c/ Carl Ledbetter    
 
           
 
      Carl Ledbetter    
 
           
February 13, 2008
      /s/ Heidi Huntsman    
 
           
 
      Heidi Huntsman    


 

                     
CUSIP No. 768573107 
 
  Page 14  of 15  
   
 
EXHIBIT INDEX
     Exhibit No.
99.1 Agreement pursuant to 13d-1(k)(1) among Utah Ventures III, L.P.; Utah Entrepreneurs Fund III, L.P.; Utah Venture Partners III, L.L.C.; Utah Entrepreneur Partners III, L.L.C.; Blake Modersitzki; James Dreyfous; Allan Wolfe; Carl Ledbetter; and Heidi Huntsman.


 

                     
CUSIP No. 768573107 
 
  Page 15  of 15  
   
 
Exhibit 99.1
AGREEMENT
     Pursuant to Rule 13d-1(k)(l) promulgated pursuant to the Securities Exchange Act of 1934, as amended, the undersigned agree that the attached Schedule 13G is being filed on behalf of each of the undersigned.
             
February 13, 2008
  UTAH VENTURES III, L.P.    
 
           
 
  BY:   UTAH VENTURE PARTNERS III, L.L.C.    
 
  ITS:   GENERAL PARTNER    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous    
 
      Managing Member    
 
           
February 13, 2008
  UTAH ENTREPRENEURS FUND III, L.P.    
 
           
 
  BY:
ITS:
  UTAH ENTREPRENEUR PARTNERS III, L.L.C. GENERAL PARTNER    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous
Managing Member
   
 
           
February 13, 2008
  UTAH VENTURE PARTNERS III, L.L.C.    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous
Managing Member
   
 
           
February 13, 2008
  UTAH ENTREPRENEUR PARTNERS III, L.L.C.    
 
           
 
  By:   /s/ James Dreyfous    
 
           
 
      James Dreyfous
Managing Member
   
 
           
February 13, 2008
      /s/ Blake Modersitzki    
 
           
 
      Blake Modersitzki    
 
           
February 13, 2008
      /s/ James Dreyfous    
 
           
 
      James Dreyfous    
 
           
February 13, 2008
      /s/ Allan Wolfe    
 
           
 
      Allan Wolfe    
 
           
February 13, 2008
      /s/ Carl Ledbetter    
 
           
 
      Carl Ledbetter    
 
           
February 13, 2008
      /s/ Heidi Huntsman    
 
           
 
      Heidi Huntsman    
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