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
ALLOT COMMUNICATIONS, LTD. COM IL0010996 2,016 382,458 SH   SOLE   382,458 0 0
APPLIED OPTOELECTRONICS INC COM 03823U102 1,439 64,784 SH   SOLE   64,784 0 0
BANKRATE INC COM 06647F102 1,993 235,000 SH   SOLE   235,000 0 0
BOINGO WIRELESS INC COM 09739C102 4,881 474,803 SH   SOLE   474,803 0 0
CALLIDUS SOFTWARE COM 13123E500 793 43,200 SH   SOLE   43,200 0 0
CHEGG, INC. COM 163092109 2,182 307,762 SH   SOLE   307,762 0 0
DIGITAL TURBINE, INC COM 25400W102 1,216 1,158,407 SH   SOLE   1,158,407 0 0
EMCORE CORP COM 290846203 1,497 262,600 SH   SOLE   262,600 0 0
EVERBRIDGE INC COM 29978A104 169 10,000 SH   SOLE   10,000 0 0
FIVE9 INC COM 338307101 1,758 112,114 SH   SOLE   112,114 0 0
GREAT ELM CAPITAL GROUP COM 39036P100 423 90,192 SH   SOLE   90,192 0 0
GSE SYSTEMS INC COM 36227K106 3,164 1,095,083 SH   SOLE   1,095,083 0 0
GTT COMMUNICATIONS COM 362393100 955 40,577 SH   SOLE   40,577 0 0
IDEAL POWER COM 451622104 3,033 586,704 SH   SOLE   586,704 0 0
INCONTACT INC COM 45336E109 3,573 255,603 SH   SOLE   255,603 0 0
INPHI CORP COM 45772F107 5,255 120,774 SH   SOLE   120,774 0 0
INTER-NAP NETWORK COM 45885A300 364 220,870 SH   SOLE   220,870 0 0
INTEVAC INC COM 461148108 1,198 202,976 SH   SOLE   202,976 0 0
KRATOS DEFENSE & SECURITY SOLU COM 50077B207 10,282 1,492,238 SH   SOLE   1,492,238 0 0
LUMOS NETWORKS CORP COM 550283105 5,118 365,589 SH   SOLE   365,589 0 0
LIFELOCK INC. COM 53224V100 5,331 315,100 SH   SOLE   315,100 0 0
MARCHEX INC COM 56624R108 2,870 1,035,930 SH   SOLE   1,035,930 0 0
MATTERSIGHT CORPORATION COM 577097108 1,379 328,427 SH   SOLE   328,427 0 0
MATTERSIGHT CORPORATION PIPE COM 577097108 420 100,000 SH   SOLE   100,000 0 0
MITEK SYSTEMS INC. COM 606710200 1,788 215,700 SH   SOLE   215,700 0 0
MOSYS INC COM 619718109 311 415,100 SH   SOLE   415,100 0 0
NV5 HOLDINGS COM 62945V109 2,139 66,200 SH   SOLE   66,200 0 0
02 MICRO INTERNATIONAL ADR 67107W100 910 538,550 SH   SOLE   538,550 0 0
PLANET PAYMENT INC COM Y72603118 3,173 855,319 SH   SOLE   855,319 0 0
POWER SOLUTIONS INT'L COM 74437C101 1,479 144,283 SH   SOLE   144,283 0 0
QUANTUM CORP-DLT & STORAGE SYS COM 747906204 941 1,278,418 SH   SOLE   1,278,418 0 0
RINGCENTRAL INC COM 76680R206 1,455 61,500 SH   SOLE   61,500 0 0
SHORETEL INC COM 825211105 1,138 142,294 SH   SOLE   142,294 0 0
TECHTARGET INC COM 87874R100 1,242 154,125 SH   SOLE   154,125 0 0
TOWER SEMICONDUCTOR LTD COM M87915100 2,544 167,600 SH   SOLE   167,600 0 0
TREMOR VIDEO INC. COM 89484Q100 848 495,843 SH   SOLE   495,843 0 0
TREE.COM INC COM 894675107 4,352 44,905 SH   SOLE   44,905 0 0
ULTRA CLEAN HLDGS INC COM 90385V107 4,053 546,930 SH   SOLE   546,930 0 0
VIOLIN MEMORY INC COM 92763A101 54 74,000 SH   SOLE   74,000 0 0
VIRTUSA CORP. COM 92827P102 370 15,000 SH   SOLE   15,000 0 0
WEB.COM GROUP INC COM 94733A104 1,729 100,115 SH   SOLE   100,115 0 0
ZENITH EPIGENETICS PRIVATE 000000000 0 300,500 SH   SOLE   300,500 0 0
ELOYALTY CORP. SERIES B CONV PF CVPF 290152990 94 22,475 SH   SOLE   22,475 0 0
RESVERLOGIX CORP WTS 06/14/16 WNT 76128M165 0 152,750 SH   SOLE   152,750 0 0
ZENITH EPIGENETICS WTS 6/14/16 WNT 989353115 0 152,750 SH   SOLE   152,750 0 0