UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13G
(Rule 13d-102)

 


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)

 

Under the Securities Exchange Act of 1934
(Amendment No. 1 )*

 

GuruNet Corporation

(Name of Issuer)

Common Stock, $0.001 Par Value 

(Title of Class of Securities)

403307101

(CUSIP Number)

December 31, 2005

(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)

ý

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).

 


 

Item 1.

 

(a)

Name of Issuer
GuruNet Corporation

 

(b)

Address of Issuer’s Principal Executive Offices
Jerusalem Technology Park, Building 98, Jerusalem 91481, Israel

 

Item 2.

 

(a)

Name of Person Filing
Highland Capital Partners V Limited Partnership (“HCP V”); Highland Capital Partners V-B Limited Partnership (“HCP V-B”); Highland Entrepreneurs’ Fund V Limited Partnership (“Highland Entrepreneurs’ Fund V”); HEF V Limited Partnership (“HEF V”), which is the general partner of Highland Entrepreneurs’ Fund V; Highland Management Partners V Limited Partnership (“HMP V”), which is the general partner of HCP V and HCP V-B; Highland Management Partners V, Inc. (“Highland Management”), which is the general partner of both HEF V and HMP V; Robert F. Higgins (“Higgins”), a senior managing director of Highland Management and a limited partner of each of HMP V and HEF V; Paul A. Maeder (“Maeder”), a senior managing director of Highland Management and a limited partner of each of HMP V and HEF V; Daniel J. Nova (“Nova”), a senior managing director of Highland Management and a limited partner of each of HMP V and HEF V; Sean M. Dalton (“Dalton”), a managing director of Highland Management and a limited partner of each of HMP V and HEF V; Josaphat K. Tango (“Tango,” and together with Higgins, Maeder, Nova and Dalton, the “Managing Directors”), a managing director of Highland Management and a limited partner of each of HMP V and HEF V. 

 

(b)

Address of Principal Business Office or, if none, Residence
The address of the principal business office of HCP V, HCP V-B, Highland Entrepreneurs’ Fund V, HEF V, HMP V, Highland Management, Higgins, Maeder, Nova, Dalton and Tango is 92 Hayden Avenue, Lexington, MA  02421.

 

(c)

Citizenship

 

(d)

Title of Class of Securities

 

(e)

CUSIP Number

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

2


 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:   

 

 

(b)

Percent of class:   

 

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to 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   

 

 

 

 

Not applicable.

 

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.

 

Each Reporting Person has ceased to own beneficially more than 5% of the outstanding Common Stock of GuruNet Corporation.

All other items reported on the Schedule 13G dated as of February 10, 2005 and filed on behalf of the Reporting Persons with respect to the Common Stock of GuruNet Corporation remain unchanged.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Item 8.

Identification and Classification of Members of the Group

 

Item 9.

Notice of Dissolution of Group

 

Item 10.

Certification

 

 

3


 

Signature

 

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.  We also hereby agree to file this statement jointly pursuant to the agreement set forth as Exhibit 1.

 

Dated:

February 13, 2006

 

 

 

 

 

 

HIGHLAND CAPITAL PARTNERS V LIMITED
PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V Limited
Partnership, its general partner

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HIGHLAND CAPITAL PARTNERS V-B LIMITED PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V Limited
Partnership, its general partner

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

4


 

 

 

HIGHLAND ENTREPRENEURS’ FUND V
LIMITED PARTNERSHIP

 

 

 

 

 

By: HEF V Limited Partnership, its general partner

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HEF V LIMITED PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HIGHLAND MANAGEMENT PARTNERS V
LIMITED PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HIGHLAND MANAGEMENT PARTNERS V,
INC.

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

5


 

 

 

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

 

 

 

 

 

 

/s/ Paul A. Maeder

 

 

 

Paul A. Maeder

 

 

 

 

 

 

 

 

/s/ Daniel J. Nova

 

 

 

Daniel J. Nova

 

 

 

 

 

 

 

 

/s/ Sean M. Dalton

 

 

 

Sean M. Dalton

 

 

 

 

 

 

 

 

/s/ Josaphat K. Tango

 

 

 

Josaphat K. Tango

 

6


 

Index of Exhibits

 

Exhibit 1 - Agreement

 

7


 

Exhibit 1

 

AGREEMENT

 

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, 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 shares of Common Stock of GuruNet Corporation.

 

Dated:

February 13, 2006

 

 

 

 

 

 

HIGHLAND CAPITAL PARTNERS V LIMITED
PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V Limited
Partnership, its general partner

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HIGHLAND CAPITAL PARTNERS V-B LIMITED PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V Limited
Partnership, its general partner

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

8


 

 

 

HIGHLAND ENTREPRENEURS’ FUND V
LIMITED PARTNERSHIP

 

 

 

 

 

By: HEF V Limited Partnership, its general partner

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HEF V LIMITED PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HIGHLAND MANAGEMENT PARTNERS V
LIMITED PARTNERSHIP

 

 

 

 

 

By: Highland Management Partners V, Inc., its
general partner

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

 

 

 

 

 

 

 

HIGHLAND MANAGEMENT PARTNERS V,
INC.

 

 

 

 

 

By:

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

Managing Director

 

9


 

 

 

/s/ Robert F. Higgins

 

 

 

Robert F. Higgins

 

 

 

 

 

 

 

 

/s/ Paul A. Maeder

 

 

 

Paul A. Maeder

 

 

 

 

 

 

 

 

/s/ Daniel J. Nova

 

 

 

Daniel J. Nova

 

 

 

 

 

 

 

 

/s/ Sean M. Dalton

 

 

 

Sean M. Dalton

 

 

 

 

 

 

 

 

/s/ Josaphat K. Tango

 

 

 

Josaphat K. Tango

 

10