Filed Pursuant to Rule 424(b)(3)
File No. 333-136249

LIVEPERSON, INC.
 
Prospectus Supplement No. 1 dated July 3, 2007
to the Prospectus Dated September 25, 2006
 
The information in this prospectus supplement concerning the selling stockholders amends the statements set forth under the caption “Selling Stockholders” in the prospectus.
 
The sole purpose of this prospectus supplement is to modify the “Selling Stockholders” section to reflect (i) the distribution of shares of our common stock by TW Investment Holdings LLC, which is listed as a selling stockholder in the prospectus, to its members, and the addition of such members as selling stockholders, (ii) the reallocation of shares of our common stock by Gregg Freishtat, who is listed as a selling stockholder in the prospectus, to an affiliate, and the addition of such affiliate as a selling stockholder, (iii) minor corrections, such as a change of entity name, providing full proper names of entities and individuals and the addition of a spouse’s name to reflect joint ownership, and (iv) the reallocation of shares of our common stock by Genesis Select Corp., which is listed as a selling stockholder in the prospectus, to affiliates, and the addition of such affiliates as selling stockholders.
 
This prospectus supplement should be read in conjunction with the prospectus, which is required to be delivered with this prospectus supplement. This prospectus supplement is qualified in its entirety by reference to the prospectus except to the extent that the information herein modifies or supersedes the information contained in the prospectus. Except as amended by this prospectus supplement, the “Selling Stockholders” section of the prospectus is not otherwise affected by this prospectus supplement.
 
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Investing in our common stock involves a high degree of risk. See “Risk Factors” beginning on page 2 of the prospectus.
 
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Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
 
 
 
 

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The information in the following table is presented as of July 3, 2007 and supersedes in its entirety the information in the table appearing under the heading “Selling Stockholders” in the prospectus:
 
Name
  
Number of Shares
Beneficially Owned
Prior to the Offering
  
 
Number of Shares
Offered Hereby
Gregg Freishtat
  
429,845
  
429,845
Number 3 Investment Partners, LLP
  
419,744
  
419,744
J. Stephen Hufford
  
11,076
  
11,076
Jenny T. Hufford
  
185
  
185
David Kassens
  
2,499
  
2,499
Neal W. McEwen
  
7,602
  
7,602
Albert Dodge McFall, Jr.
  
3,846
  
3,846
Jackson L. Wilson, III
  
26,852
  
26,852
Abraham Smith
  
196,185
  
196,185
Jack Blockley
  
196,185
  
196,185
Javad Ra’ed
  
12,323
  
12,323
Vikas Rijsinghani
  
14,279
  
14,279
Carolyn (Carrie) B. Catlin
 
4,283
  
4,283
John H. Casson
  
3,568
  
3,568
Paul Kaib
  
2,284
  
2,284
Yaron Yaniv
  
2,420
  
2,420
Fulmead Ventures Limited
  
255,181
  
255,181
Harvey A. Wagner
  
4,856
  
4,856
Adviesbeheer GIMV Information and Communication Technology NV
  
143,995
  
143,995
Fuqua Venture Partners I, LLC
  
316,229
  
316,229
GIMV N.V.
  
815,980
  
815,980
Kinetic Ventures VII, LLC (formerly known as Kinetic Ventures II, LLC)
  
496,087
  
496,087
Labrador Ventures IV, L.P.
  
260,172
  
260,172
MIMES, LLC
  
102,071
  
102,071
PAMICA N.V.
  
172,262
  
172,262
Hugh S. Asher
  
70
  
70
Juliet R. Asher
  
96
  
96
James Brian Atkins
  
126
  
126
Stephen M. Balton
  
96
  
96
Flavio R. Barbosa
  
60
  
60
Elizabeth M. Berry
  
2,979
  
2,979
Leonard E. Borg, Jr.
  
3,262
  
3,262
Phillip J. Corwin
  
1,118
  
1,118
Joseph M. Ferguson, III
  
41
  
41
First Growth Capital, Inc.
  
552
  
552
FJC Growth Capital Corporation
  
552
  
552
Robert F. Fogelman
  
7,162
  
7,162
Allen R. Graber
  
3,846
  
3,846
Jerrold J. Graber
 
4,601
  
4,601
Julie E. Graber
  
2,255
  
2,255
Martha S. Graber
  
2,255
  
2,255
 
 
 
 
 
Name
  
Number of Shares
Beneficially Owned
Prior to the Offering
  
 
Number of Shares
Offered Hereby
James Graves
  
484
  
484
John P. Imlay, Jr.
  
20,910
  
20,910
R. Phillip Jarrell, Jr.
  
78
  
78
JF Investments Partnership
  
989
  
989
Kirk P. Lakeman
  
1,118
  
1,118
Bobye G. List
  
2,492
  
2,492
Lucor Partners, Ltd.
  
96
  
96
James V. McCloskey
  
96
  
96
Memphis Together Partners
  
2,150
  
2,150
MSG Partners
  
192
  
192
NMF Partners
  
57
  
57
Oconee Venture Capital Fund 1 LLC
  
9,322
  
9,322
William N. Owen
  
104
  
104
Charles C. Pick
  
104
  
104
Paul T. Putzel & Judith Z. Putzel TTEES U/T/A Dtd 8/17/87
  
96
  
96
Robinson Humphrey Netlanta Fund I, L.P.
  
192
  
192
Harry Risinger
  
96
  
96
Arthur N. Seessel, III
  
96
  
96
Arthur N. Seessel, III Family Trust
  
96
  
96
Scott S. Selig
  
1,118
  
1,118
Severn Ventures, LLC
  
192
  
192
Gerald Silverman
 
57
  
57
Craig Stamm
  
143
  
143
TTM Ventures, LLC
  
192
  
192
Larry F. Wright, Sr.
  
96
  
96
Adrian M. Grant
  
93
  
93
Chris W. Simpson
  
728
  
728
Christopher W. Klaus
  
929
  
929
Craig C. Sellars
  
129
  
129
Craig H. Kessler and Jodi R. Kessler
  
231
  
231
Dubnow Family Ventures, LLC
  
929
  
929
Elizabeth W. Abernathy
  
185
  
185
Eric W. Hartz and Jennifer L. Hartz
  
185
  
185
Eurek Partners, LLC
  
929
  
929
Franklin Street Investments, LLC
  
556
  
556
Greg Malever
  
185
  
185
Jack Shakarshy
  
11,560
  
11,560
Jack W. Simpson, Sr. Revocable Trust
  
3,641
  
3,641
James N. Hufford Trust
  
464
  
464
John A. Richards
  
8,164
  
8,164
Leonard J. Grossman
  
651
  
651
Marc J. Gorlin Revocable Trust Dated 10/23/98, Marc J. Gorlin, Trustee
  
278
  
278
Matthew H. Neuberger and Susan L. Neuberger
  
260
  
260
Michael S. Karlin
  
929
  
929
NSA Investment Partnership
  
1,117
  
1,117
 
 
 
 
 
Name
  
Number of Shares
Beneficially Owned
Prior to the Offering
  
Number of Shares
Offered Hereby
Randolph W. Salisbury and Julie D. Salisbury
  
464
  
464
Raymond D. Gentry & Elizabeth A. Gentry
  
1,456
  
1,456
RBC Dain Rauscher as Custodian f/b/o Patrick G. Jones IRA
  
8,719
  
8,719
Richard S. Ressler
  
28,360
  
28,360
Robinson-Humphrey Netlanta Fund I, L.P.
  
1,395
  
1,395
Roy F. Cammarano
  
464
  
464
Sandoval, LLC
  
3,602
  
3,602
Seraphim Partners, LLC
  
1,860
  
1,860
Terry L. Moore, IV
  
1,706
  
1,706
Tod Trousdell
  
185
  
185
Budd Zuckerman
  
157,500
  
157,500
Steven Laird
  
30,000
  
30,000
Linda Blakely
  
750
  
750
Total
  
4,238,250
  
4,238,250