The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABSOLUTE SOFTWARE CORPORATION COM 00386B109 3,569 562,000 SH   SOLE   562,000 0 0
ALLOT COMMUNICATIONS, LTD. COM IL0010996 875 65,000 SH   SOLE   65,000 0 0
AEROHIVE NETWORKS COM 007786106 316 30,000 SH   SOLE   30,000 0 0
BANKRATE INC COM 06647F102 136 8,000 SH   SOLE 1 8,000 0 0
CALIX INC. COM 13100M509 3,976 471,686 SH   DFND 1 471,686 0 0
CALLIDUS SOFTWARE COM 13123E500 2,289 182,800 SH   DFND 1 182,800 0 0
CITRIX SYS INC COM 177376100 132 2,300 SH   SOLE 1 2,300 0 0
COMMVAULT SYSTEMS INC COM 204166102 130 2,000 SH   SOLE 1 2,000 0 0
CONSTANT CONTACT INC COM 210313102 3,591 146,800 SH   DFND 1 146,800 0 0
CYAN INC. COM 23247W104 2,553 598,000 SH   DFND 1 598,000 0 0
DEMAND MEDIA INC. COM 24802N109 1,480 305,100 SH   DFND 1 305,100 0 0
EXAR CORP COM 300645108 3,094 258,900 SH   DFND 1 258,900 0 0
GSE SYSTEMS INC COM 36227K106 1,987 1,141,800 SH   SOLE   1,141,800 0 0
HICKORYTECH CORP COM 429060106 1,776 138,861 SH   DFND 1 138,861 0 0
HYDROGENICS CORP. COM 448883108 1,905 69,900 SH   SOLE   69,900 0 0
INCONTACT INC COM 45336E109 1,268 132,100 SH   DFND 1 132,100 0 0
INFORMATICA CORP COM 45666Q102 128 3,400 SH   SOLE 1 3,400 0 0
INPHI CORP COM 45772F107 5,759 357,900 SH   DFND 1 357,900 0 0
INTER-NAP NETWORK COM 45885A300 2,067 292,000 SH   DFND 1 292,000 0 0
INTEVAC INC COM 461148108 3,367 347,110 SH   SOLE   347,110 0 0
KRAUSE DEFENSE & SECURITY SOLU COM 50077B207 2,375 315,000 SH   DFND 1 315,000 0 0
LRAD CORP. COM 50213V109 872 415,300 SH   SOLE   415,300 0 0
MATTERSIGHT CORPORATION COM 577097108 1,652 238,427 SH   DFND 1 238,427 0 0
MATTERSIGHT CORPORATION PRIVATE 577097108 346 50,000 SH   SOLE   50,000 0 0
NANOMETRICS INC COM 630077105 2,226 123,900 SH   SOLE   123,900 0 0
NQ MOBILE INC COM 64118U108 4,179 237,300 SH   DFND 1 237,300 0 0
02 MICRO INTERNATIONAL ADR 67107W100 1,464 446,200 SH   SOLE   446,200 0 0
OPLINK COMMUNICATIONS COM 68375Q106 2,809 156,400 SH   DFND 1 156,400 0 0
PROCERA NETWORKS INC COM 74269U203 2,234 215,000 SH   DFND 1 215,000 0 0
RACKSPACE HOSTING INC. COM 750086100 131 4,000 SH   SOLE 1 4,000 0 0
RINGCENTRAL INC COM 76680R206 132 7,300 SH   SOLE 1 7,300 0 0
SERVICENOW INC COM 81762P102 78 1,300 SH   SOLE 1 1,300 0 0
SHORTEL INC COM 825211105 3,533 410,800 SH   DFND 1 410,800 0 0
SUPERCOM LTD. COM M87095119 43 6,696 SH   SOLE   6,696 0 0
TECHTARGET INC COM 87874R100 914 126,739 SH   DFND 1 126,739 0 0
TOWER SEMICONDUCTOR LTD COM M87915274 1,371 150,000 SH   SOLE   150,000 0 0
TUCOWS INC COM 898697107 89 7,000 SH   SOLE 1 7,000 0 0
TREE.COM INC COM 894675107 3,210 103,400 SH   DFND 1 103,400 0 0
UNWIRED PLANET INC COM 683718308 2,719 1,252,800 SH   DFND 1 1,252,800 0 0
VIRTUSA CORP COM 92827P102 1,391 41,500 SH   DFND 1 41,500 0 0
WEB.COM GROUP INC COM 94733A104 2,154 63,301 SH   DFND 1 63,301 0 0
WESTPORT INNOVATIONS COM 960908309 1,086 75,000 SH   SOLE   75,000 0 0
ZENITH EPIGENETICS PRIVATE 000000000 144 300,500 SH   SOLE   300,500 0 0
ELOYALTY CORP. SERIES B CONV PF CVPF 290152990 115 22,475 SH   SOLE   22,475 0 0
OCZ TECHNOLOGY WTS EXP 11/01/1 WNT 6709949R5 0 267,749 SH   SOLE   267,749 0 0
RESVERLOGIX CORP WTS 06/14/16 WNT 76128M165 0 152,750 SH   SOLE   152,750 0 0
ZENITH EPIGENETICS WTS 6/14/1 WNT 989353115 35 152,750 SH   SOLE   152,750 0 0