Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Blaisdell Thomas B
  2. Issuer Name and Ticker or Trading Symbol
HIRERIGHT INC [HIRE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O DCM INVESTMENT MANAGEMENT III, LLC, 2420 SAND HILL ROAD, SUITE 200
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2007
(Street)

MENLO PARK, CA 94025
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 08/13/2007   C   215,548 A $ 0 (1) 872,319 I By DCM III, L.P. (3)
Common Stock 08/13/2007   C   877,834 A $ 0 (2) 1,750,153 I By DCM III, L.P. (3)
Common Stock 08/13/2007   C   5,711 A $ 0 (1) 23,112 I By DCM III-A, L.P. (4)
Common Stock 08/13/2007   C   23,258 A $ 0 (2) 46,370 I By DCM III-A, L.P. (4)
Common Stock 08/13/2007   C   10,531 A $ 0 (1) 42,620 I By DCM Affiliates Fund III, L.P. (5)
Common Stock 08/13/2007   C   42,890 A $ 0 (2) 85,510 I By DCM Affiliates Fund III, L.P. (5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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 Preferred Stock $ 0 (1) 08/13/2007   C     696,104   (1)   (1) Common Stock 215,548 $ 0 0 I By DCM III, L.P. (3)
Series B Preferred Stock $ 0 (1) 08/13/2007   C     18,444   (1)   (1) Common Stock 5,711 $ 0 0 I By DCM III-A, L.P. (4)
Series B Preferred Stock $ 0 (1) 08/13/2007   C     34,011   (1)   (1) Common Stock 10,531 $ 0 0 I By DCM Affiliates Fund III, L.P. (5)
Series E Preferred Stock $ 0 (2) 08/13/2007   C     3,950,255   (2)   (2) Common Stock 877,834 $ 0 0 I By DCM III, L.P. (3)
Series E Preferred Stock $ 0 (2) 08/13/2007   C     104,665   (2)   (2) Common Stock 23,258 $ 0 0 I By DCM III-A, L.P. (4)
Series E Preferred Stock $ 0 (2) 08/13/2007   C     193,006   (2)   (2) Common Stock 42,890 $ 0 0 I By DCM Affiliates Fund III,L.P. (5)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Blaisdell Thomas B
C/O DCM INVESTMENT MANAGEMENT III, LLC
2420 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
  X   X    
DCM Affiliates Fund III, L.P.
2420 SAND HILL ROAD
SUITE 200
MENLO PARK, CA 94025
    X    
DCM III, L.P.
2420 SAND HILL ROAD
SUITE 200
MENLO PARK, CA 94025
    X    
DCM III-A, L.P.
2420 SAND HILL ROAD
SUITE 200
MENLO PARK, CA 94025
    X    
DCM Investment Management III, LLC
2420 SAND HILL ROAD
SUITE 200
MENLO PARK, CA 94025
    X    

Signatures

 /s/ Jason R. Wisniewski, as Attorney in Fact for Thomas B. Blaisdell   08/13/2007
**Signature of Reporting Person Date

 /s/ Jason R. Wisniewski, as Attorney in Fact for DCM III, L.P.   08/13/2007
**Signature of Reporting Person Date

 /s/ Jason R. Wisniewski, as Attorney in Fact for DCM III-A, L.P.   08/13/2007
**Signature of Reporting Person Date

 /s/ Jason R. Wisniewski, as Attorney in Fact for DCM Affiliates Fund III, L.P.   08/13/2007
**Signature of Reporting Person Date

 /s/ Jason R. Wisniewski, as Attorney in Fact for DCM Investment Management III, LLC   08/13/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Series B Preferred Stock converted into HireRight, Inc. common stock and has no expiration date.
(2) The Series E Preferred Stock converted into HireRight, Inc. common stock and has no expiration date.
(3) These securities are owned solely by DCM III, L.P., who may be deemed to be a a member of a "group" pursuant to Section 13(d) of the Exchange Act with DCM III-A, L.P and DCM Affiliates Fund III, L.P (collectively, the "DCM Funds"). DCM Investment Management III, LLC ("DCM Management") is the general partner of each of the DCM Funds, and may be deemed to be an indirect beneficial owner of the securities. Thomas Blaisdell is a member of DCM Management and may be deemed to be an indirect beneficial owner of the securities. DCM Management and Mr. Blaisdell each disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(4) These securities are owned solely by DCM III-A, L.P., who may be deemed to be a a member of a "group" pursuant to Section 13(d) of the Exchange Act with the other DCM Funds. DCM Management and Mr. Blaisdell may be deemed to be indirect beneficial owners of the securities. DCM Management and Mr. Blaisdell each disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(5) These securities are owned solely by DCM Affiliates Fund III, L.P., who may be deemed to be a member of a "group" pursuant to Section 13(d) of the Exchange Act with the other DCM Funds. DCM Management and Mr. Blaisdell may be deemed to be indirect beneficial owners of the securities. DCM Management and Mr. Blaisdell each disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.