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 3,655 562,000 SH   SOLE   562,000 0 0
ACTUATE CORP. COM 00508B102 763 99,000 SH   DFND 1 99,000 0 0
ALLOT COMMUNICATIONS, LTD. COM IL0010996 2,194 145,000 SH   SOLE   145,000 0 0
CALIX INC. COM 13100M509 5,015 520,186 SH   DFND 1 520,186 0 0
CALLIDUS SOFTWARE COM 13123E500 1,642 119,600 SH   SOLE   119,600 0 0
CITRIX SYS INC COM 177376100 25 400 SH   SOLE 1 400 0 0
COMMVAULT SYSTEMS INC COM 204166102 15 200 SH   SOLE 1 200 0 0
CONSTANT CONTACT INC COM 210313102 2,007 64,600 SH   DFND 1 64,600 0 0
CYAN INC. COM 23247W104 2,275 430,000 SH   SOLE   430,000 0 0
DEMAND MEDIA INC. COM 24802N109 1,662 288,100 SH   DFND 1 288,100 0 0
GIGAMON INC. COM 37518B102 14 500 SH   SOLE 1 500 0 0
GSE SYSTEMS INC COM 36227K106 1,827 1,141,800 SH   SOLE   1,141,800 0 0
HICKORYTECH CORP COM 429060106 1,055 82,207 SH   SOLE   82,207 0 0
INCONTACT INC COM 45336E109 1,270 162,600 SH   DFND 1 162,600 0 0
INFORMATICA CORP COM 45666Q102 66 1,600 SH   SOLE 1 1,600 0 0
INPHI CORP COM 45772F107 4,681 362,900 SH   DFND 1 362,900 0 0
INTER-NAP NETWORK COM 45885A300 2,552 339,300 SH   DFND 1 339,300 0 0
INTEVAC INC COM 461148108 2,876 387,110 SH   SOLE   387,110 0 0
MATTERSIGHT CORPORATION COM 577097108 2,962 618,327 SH   DFND 1 618,327 0 0
MATTERSIGHT CORPORATION PRIVATE 577097108 239 50,000 SH   SOLE   50,000 0 0
NANOMETRICS INC COM 630077105 2,848 149,500 SH   SOLE   149,500 0 0
NQ MOBILE INC COM 64118U108 3,709 252,300 SH   DFND 1 252,300 0 0
02 MICRO INTERNATIONAL ADR 67107W100 1,161 416,200 SH   SOLE   416,200 0 0
OPLINK COMMUNICATIONS COM 68375Q106 3,262 175,400 SH   DFND 1 175,400 0 0
PEREGRINE SEMICONDUCTOR CORP COM 71366R703 82 11,000 SH   SOLE   11,000 0 0
POWER SOLUTIONS INT'L COM 74437C101 683 9,100 SH   SOLE   9,100 0 0
RACKSPACE HOSTING INC. COM 750086100 39 1,000 SH   SOLE 1 1,000 0 0
REALD INC COM 75604L105 529 61,900 SH   SOLE   61,900 0 0
RIVERBED TECHNOLOGY INC COM 768573107 42 2,300 SH   SOLE 1 2,300 0 0
SERVICENOW INC COM 81762P102 39 700 SH   SOLE 1 700 0 0
SHORTEL INC COM 825211105 2,894 311,800 SH   DFND 1 311,800 0 0
TIBCO SOFTWARE INC. COM 88632Q103 31 1,400 SH   SOLE 1 1,400 0 0
TUCOWS INC COM 898697107 46 3,300 SH   SOLE 1 3,300 0 0
TREE.COM INC COM 894675107 6,112 186,100 SH   DFND 1 186,100 0 0
UNWIRED PLANET INC COM 683718308 1,798 1,302,800 SH   DFND 1 1,302,800 0 0
WEB.COM GROUP INC COM 94733A104 3,897 122,601 SH   DFND 1 122,601 0 0
ZENITH EPIGENETICS PRIVATE 000000000 146 300,500 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