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CUSIP NO. 15100A104 13G Page 9 of 17 Pages
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Schedule 13G
Item 1(a). Name of Issuer: Celebrate Express, Inc. (the "Issuer").
Item 1(b). Address of Issuer's Principal Executive Offices: 11232 120th
Avenue NE, Kirkland, WA 98033.
Item 2(a). Names of Persons Filing: ARCH Venture Fund IV, L.P.
("ARCH Venture Fund IV"); ARCH Entrepreneurs Fund, L.P. ("ARCH
Entrepreneurs Fund"); ARCH Venture Partners IV, LLC ("AVP IV
LLC") (collectively, the "Reporting Entities" and
individually, each a "Reporting Entity") and Steven Lazarus
("Lazarus"), Keith Crandell ("Crandell"), Robert Nelsen
("Nelsen") and Clinton Bybee ("Bybee") (collectively, the
"Managing Directors" and individually, each a "Managing
Director"). The Reporting Entities and the Managing Directors
collectively are referred to as the "Reporting Persons".
Item 2(b). Address of Principal Business Office or, if None, Residence:
8725 W. Higgins Road, Suite 290, Chicago, IL 60631.
Item 2(c). Citizenship: ARCH Venture Fund IV and ARCH Entrepreneurs
Fund are limited partnerships organized under the laws of the
State of Delaware. AVP IV LLC is a limited liability company
organized under the laws of the State of Delaware. Each
Managing Director is a US citizen.
Item 2(d). Title of Class of Securities: Common Stock, $.001 par value
(the "Common Stock").
Item 2(e). CUSIP Number: 15100A104
Item 3. If this statement is filed pursuant to ss.ss. 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not applicable
Item 4. Ownership.
(a) Amount beneficially owned:
ARCH Venture Fund IV is the record owner of 1,004,754
shares of Common Stock as of December 31, 2007. ARCH
Entrepreneurs Fund is the record owner of 26,442
shares of Common Stock (the shares held of record by
ARCH Venture Fund IV and ARCH Entrepreneurs Fund, the
"Record Shares"). As the sole general partner of ARCH
Venture Fund IV and ARCH Entrepreneurs Fund, AVP IV
LLC may be deemed to own the Record Shares. As
managing directors of AVP IV LLC, each Managing
Director may also be deemed to share the power and
direct the disposition and vote of the Record Shares.
In addition, as of December 31, 2007, Crandell is the
holder of 13,797 shares of Common Stock and holds the
right to options to exercise 21,250 shares of Common
Stock, 20,698 are vested as of February 14, 2007, and
552 will vest within 60 days of this filing (the
"Option Shares").
(b) Percent of class:
Page 9 of 17 Pages
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