SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Cisco Systems Capital CORP (Last) (First) (Middle) 170 WEST TASMAN DR. (Street) SAN JOSE CA 95134-1706 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CBEYOND COMMUNICATIONS INC [ CBEY ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/07/2005
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								715,640(1)	D(2)
Common Stock	11/07/2005		C		1,082,358(1)	A	(3)	1,797,998(1)	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series B Participating Preferred Stock	(3)	11/07/2005		C			2,923,366	(3)	(4)	Common Stock	1,082,358(1)	$0.0	0	D(2)

1. Name and Address of Reporting Person* Cisco Systems Capital CORP (Last) (First) (Middle) 170 WEST TASMAN DR. (Street) SAN JOSE CA 95134-1706 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* CISCO SYSTEMS INC (Last) (First) (Middle) 170 WEST TASMAN DR (Street) SAN JOSE CA 95134-1706 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Number of shares reflects a 1-for-3.88 reverse stock split effected by the Issuer on November 7, 2005.

2. Cisco Systems Capital Corporation (Cisco Capital) directly beneficially owns the reported securities. Cisco Systems, Inc. (Cisco) is the sole shareholder of Cisco Capital and as such may be deemed to be an indirect beneficial owner of the reported securities. Except to the extent of any indirect pecuniary interest therein, Cisco disclaims beneficial ownership of the securities held by Cisco Capital.

3. In connection with the closing of the Issuer's initial public offering, each share of Series B Participating Preferred Stock converted automatically into 0.3702 shares of Issuer's Common Stock, after giving effect to a 1-for-3.88 reverse stock split effected by the Issuer on November 7, 2005. At the time of conversion, there were $1,276,186 accrued but unpaid dividends on the Series B Participating Preferred Stock beneficially owned by the Reporting Persons.

4. None.

	CISCO SYSTEMS CAPITAL CORPORATION, By /s/ David Rogan, President	11/08/2005
	CISCO SYSTEMS, INC., By /s/ Mark Chandler, Vice President Legal Services, General Counsel and Secretary	11/08/2005
	** Signature of Reporting Person	Date
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