Caveolae are similar to 50-100 nm membrane micro-invaginations associa
ted with the plasma membrane of a wide variety of cells. Although they
were first identified in transmission electron micrographs similar to
40 years ago, their exact function(s) has remained controversial. Two
well-established functions include: (1) the transcytosis of both larg
e and small molecules across capillary endothelial cells and (2) the u
tilization of GPI-linked proteins to concentrate small molecules in ca
veolae for translocation to the cytoplasm (termed potocytosis). Recent
ly, interest in a 'third' proposed caveolar function, namely transmemb
rane signalling, has been revived by the identification of caveolin -
a transformation-dependent v-Src substrate and caveolar marker protein
- and the isolation of caveolin-rich membrane domains from cultured c
ells. Here we will discuss existing evidence that suggests a role for
caveolae in signalling events.