sc13g

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 13d-2(b)
(Amendment No. ___)*

Inphi Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
45772F107
(CUSIP Number)
December 31, 2010
(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 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).

 
 

 

                     
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1.   NAME OF REPORTING PERSON
I.R.S. Identification No. of Above Persons (Entities Only)

Mayfield XI Management, L.L.C.
     
     
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   3,134,420
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8.   SHARED DISPOSITIVE POWER
     
    3,134,420
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,134,420
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  13.0%
     
12.   TYPE OF REPORTING PERSON
   
  OO

 

                     
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1.   NAME OF REPORTING PERSON
I.R.S. Identification No. of Above Persons (Entities Only)

Mayfield XI, a Delaware Limited Partnership
     
     
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   169,257
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8.   SHARED DISPOSITIVE POWER
     
    169,257
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  169,257
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.7%
     
12.   TYPE OF REPORTING PERSON
   
  PN

 

                     
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1.   NAME OF REPORTING PERSON
I.R.S. Identification No. of Above Persons (Entities Only)
Mayfield XI Qualified, a Delaware Limited Partnership
     
     
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   2,714,412
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8.   SHARED DISPOSITIVE POWER
     
    2,714,412
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,714,412
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.3%
     
12.   TYPE OF REPORTING PERSON
   
  PN

 

                     
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1.   NAME OF REPORTING PERSON
I.R.S. Identification No. of Above Persons (Entities Only)
Mayfield Associates Fund VI, a Delaware Limited Partnership
     
     
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   56,418
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8.   SHARED DISPOSITIVE POWER
     
    56,418
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  56,418
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.2%
     
12.   TYPE OF REPORTING PERSON
   
  PN

 

                     
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1.   NAME OF REPORTING PERSON
I.R.S. Identification No. of Above Persons (Entities Only)
Mayfield Principals Fund II, a Delaware LLC Including Multiple Series
     
     
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   194,333
       
EACH 7.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8.   SHARED DISPOSITIVE POWER
     
    194,333
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  194,333
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.8%
     
12.   TYPE OF REPORTING PERSON
   
  OO

 

                     
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1.   Name of Reporting Person
I.R.S. Identification No. of Above Persons (Entities Only)

Yogen K. Dalal
     
     
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
   
  U.S.
       
  5.   Sole Voting Power
     
Number of   -0-
       
Shares 6.   Shared Voting Power
Beneficially    
Owned By   3,134,420
       
Each 7.   Sole Dispositive Power
Reporting    
Person   -0-
       
With 8.   Shared Dispositive Power
     
    3,134,420
     
9.   Aggregate Amount Beneficially Owned by Each Reporting Person
   
  3,134,420
     
10.   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
   
  o
     
11.   Percent of Class Represented by Amount in Row (9)
   
  13.0%
     
12.   Type of Reporting Person
   
  IN

 

                     
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1.   Name of Reporting Person
I.R.S. Identification No. of Above Persons (Entities Only)

Janice M. Roberts
     
     
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
   
  U.K.
       
  5.   Sole Voting Power
     
Number of   -0-
       
Shares 6.   Shared Voting Power
Beneficially    
Owned By   3,134,420
       
Each 7.   Sole Dispositive Power
Reporting    
Person   -0-
       
With 8.   Shared Dispositive Power
     
    3,134,420
     
9.   Aggregate Amount Beneficially Owned by Each Reporting Person
   
  3,134,420
     
10.   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
   
  o
     
11.   Percent of Class Represented by Amount in Row (9)
   
  13.0%
     
12.   Type of Reporting Person
   
  IN

 

                     
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1.   Name of Reporting Person
I.R.S. Identification No. of Above Persons (Entities Only)

Robert T. Vasan
     
     
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
   
  U.S.
       
  5.   Sole Voting Power
     
Number of   -0-
       
Shares 6.   Shared Voting Power
Beneficially    
Owned By   3,134,420
       
Each 7.   Sole Dispositive Power
Reporting    
Person   -0-
       
With 8.   Shared Dispositive Power
     
    3,134,420
     
9.   Aggregate Amount Beneficially Owned by Each Reporting Person
   
  3,134,420
     
10.   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
   
  o
     
11.   Percent of Class Represented by Amount in Row (9)
   
  13.0%
     
12.   Type of Reporting Person
   
  IN

 

                     
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Item 1.
  (a)   Name of Issuer:
 
      Inphi Corporation
 
  (b)   Address of Issuer’s Principal Executive Offices:
 
    3945 Freedom Circle, Suite 1100
Santa Clara, CA 95054
Item 2.
  (a)   Name of Persons Filing:
 
      Mayfield XI Management, L.L.C.
 
      Mayfield XI, a Delaware Limited Partnership
 
      Mayfield XI Qualified, a Delaware Limited Partnership
 
      Mayfield Associates Fund VI, a Delaware Limited Partnership
 
      Mayfield Principals Fund II, a Delaware LLC Including Multiple Series
 
      Yogen K. Dalal
 
      Janice M. Roberts
 
      Robert T. Vasan
 
  (b)   Address of Principal Business Office:
 
      c/o Mayfield Fund
 
    2800 Sand Hill Road, Suite 250
 
      Menlo Park, CA 94025
 
  (c)   Citizenship:
 
      Mayfield XI, a Delaware Limited Partnership, Mayfield XI Qualified, a Delaware Limited Partnership and Mayfield Associates Fund VI, a Delaware Limited Partnership, are Delaware limited partnerships.
 
      Mayfield XI Management, L.L.C. and Mayfield Principals Fund II, a Delaware LLC Including Multiple Series, are Delaware limited liability companies.
 
      The individuals listed in Item 2(a), other than Janice M. Roberts, are U.S. citizens; Ms. Roberts is a citizen of the United Kingdom.
 
  (d)   Title of Class of Securities:
 
      Common Stock
 
  (e)   CUSIP Number:
 
      45772F107
Item 3.   If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

 

                     
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      Not applicable
Item 4.   Ownership.
      The information regarding ownership as set forth in Items 5-9 of Pages 2 through 9 hereto is hereby incorporated by reference.
 
      For a summary of total ownership by all Reporting Persons, see Exhibit 3 hereto.
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.
Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
      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.

 

 

                     
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SIGNATURES
          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.
Date: February 9, 2011
         
  MAYFIELD XI MANAGEMENT, L.L.C.
 		  
  By:   /s/ James T. Beck    
    James T. Beck, Authorized Signatory   
       
 
  MAYFIELD XI, A DELAWARE LIMITED PARTNERSHIP
 		  
  By:   Mayfield XI Management, L.L.C.    
    Its General Partner   
       
 
  By:   /s/ James T. Beck    
    James T. Beck, Authorized Signatory   
       
 
  MAYFIELD XI QUALIFIED, A DELAWARE LIMITED PARTNERSHIP
 		  
  By:   Mayfield XI Management, L.L.C.    
    Its General Partner   
       
 
  By:   /s/ James T. Beck    
    James T. Beck, Authorized Signatory   
       
 
  MAYFIELD ASSOCIATES FUND VI,
A DELAWARE LIMITED PARTNERSHIP
 		  
  By:   Mayfield XI Management, L.L.C.    
    Its General Partner   
       
 
  By:   /s/ James T. Beck    
    James T. Beck, Authorized Signatory   
       
 
  MAYFIELD PRINCIPALS FUND II, A DELAWARE LLC INCLUDING
MULTIPLE SERIES
 		  
  By:   Mayfield XI Management, L.L.C.    
    Its Managing Director   
       
 
  By:   /s/ James T. Beck    
    James T. Beck, Authorized Signatory   
       

 

 

                     
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  YOGEN K. DALAL
 		  
  By:   /s/ James T. Beck    
    James T. Beck, Attorney In Fact   
       
 
  JANICE M. ROBERTS
 		  
  By:   /s/ James T. Beck    
    James T. Beck, Attorney In Fact   
       
 
  ROBERT T. VASAN
 		  
  By:   /s/ James T. Beck    
    James T. Beck, Attorney In Fact   
       
 

 

 

                     
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EXHIBIT INDEX
     
Exhibit 1 —
  JOINT FILING AGREEMENT
 
    
Exhibit 2 —
  POWERS OF ATTORNEY
 
    
Exhibit 3 —
  OWNERSHIP SUMMARY