The Challenge Fund

Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance, radiation-hardened and highly reliable analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,000 employees globally.

Voltaire, Inc. designs and develops server and storage fabric switches and network virtualization software for mission-critical applications. It offers host communications adapters, multi-service switches, integrated gigabit Ethernet and fiber channel routers, and I/O virtualization gateways. The company's products comprise Grid Director Switches, which provides computing fabrics for data centers, high performance computing, and cloud environments; server adapters that supports various host interfaces, InfiniBand rates, and upper-layer protocols; server software, which is used for high performance computing, clustered databases, server virtualization, low latency messaging, and database applications; and Unified Fabric Manager, a platform for managing scale-out computing environments. Voltaire offers solutions for financial services, media and entertainment, research and education, government, manufacturing, energy, life sciences industries. The company was founded in 1997 and is headquartered in Billerica, Massachusetts. Voltaire, Inc. operates as a subsidiary of Voltaire Limited.

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Voltaire, Inc. designs and develops server and storage fabric switches and network virtualization software for mission-critical applications. It offers host communications adapters, multi-service switches, integrated gigabit Ethernet and fiber channel routers, and I/O virtualization gateways. The company's products comprise Grid Director Switches, which provides computing fabrics for data centers, high performance computing, and cloud environments; server adapters that supports various host interfaces, InfiniBand rates, and upper-layer protocols; server software, which is used for high performance computing, clustered databases, server virtualization, low latency messaging, and database applications; and Unified Fabric Manager, a platform for managing scale-out computing environments. Voltaire offers solutions for financial services, media and entertainment, research and education, government, manufacturing, energy, life sciences industries. The company was founded in 1997 and is headquartered in Billerica, Massachusetts. Voltaire, Inc. operates as a subsidiary of Voltaire Limited.

BitBand is a technology provider for advanced video content delivery solutions. The company is privately held, incorporated in the United States, with headquarters and R&D center in Israel.

Expand Networks is a technology company that helped pioneer the Wide Area Network (WAN) Optimization market. Founded in 1998, Expand Networks has grown to be the leading provider of "Virtual Proximity" solutions over the Wide Area Network. Expand Networks has more than 3,500 customers with over 40,000 units deployed and boasts the industries largest installation of over 3,000+ devices. Expand Networks "Virtual Proxmity" Experience is available Gloablly via our Network of Expand Certified Resellers, System Integrators, MSPs & OEM Partners.

Voltaire, Inc. designs and develops server and storage fabric switches and network virtualization software for mission-critical applications. It offers host communications adapters, multi-service switches, integrated gigabit Ethernet and fiber channel routers, and I/O virtualization gateways. The company's products comprise Grid Director Switches, which provides computing fabrics for data centers, high performance computing, and cloud environments; server adapters that supports various host interfaces, InfiniBand rates, and upper-layer protocols; server software, which is used for high performance computing, clustered databases, server virtualization, low latency messaging, and database applications; and Unified Fabric Manager, a platform for managing scale-out computing environments. Voltaire offers solutions for financial services, media and entertainment, research and education, government, manufacturing, energy, life sciences industries. The company was founded in 1997 and is headquartered in Billerica, Massachusetts. Voltaire, Inc. operates as a subsidiary of Voltaire Limited.

CopperGate Communications develops chipsets designed to revolutionize home networking, providing the only currently available standards-based technology for multimedia networking in the home over existing wires. CopperGate works with the world's leading system manufacturers to deliver the only products that operate over both phone lines and coax cables on a single network enabling consumers to conveniently connect equipment to broadband services throughout the home.

CogniTens, Ltd. provides three dimensional optical measurement solutions for measuring sheet metal parts and assemblies. Its products include Optigo, a portable dimensional measurement platform operated by shop floor operators and engineers; and OptiCell, an automated 3D optical measurement system designed for supporting off-line recurring measurements of parts and assemblies in the production shop floor environment. The company also provides software products comprising CoreView Plan for planning, defining, and preparing comprehensive dimensional measurement programs for execution by Optigo and OptiCell dimensional measurement platforms; and CoreView Pro for viewing, analyzing, and reporting dimensional measurement information based on common dimensional measurement information generated by Optigo and OptiCell dimensional measurement platforms. In addition, it offers software products, including CoreView Lite for viewing measurement results produced by Optigo and OptiCell; off line measurement for off-line computation of collected dimensional data, analysis of results, and generation of CoreView files and other standard outputs; and Dimensional Domain Server that interfaces with a range of CogniTens platforms and software products to help in collecting, storing, and managing dimensional information generated across the organization. Its solutions support industrial engineering activities, such as tooling, part production, assembly, quality, and process control. The company serves automotive original equipment manufacturers, tier1 suppliers, tool and die companies, and other engineering and manufacturing organizations. It offers its products through distributors. The company was founded in 1995 and is based in Ramat Hasharon, Israel with additional offices in North America, South America, Europe, and Asia. As of September 3, 2007, CogniTens, Ltd. operates as a subsidiary of Hexagon Metrology AB.

Celvibe develops advanced solutions for streaming high-quality live television broadcasts to mobile users. The core technology enables the seamless delivery of rich media content in the most efficient manner by providing wireless carriers with a unique system for delivering live multi-channel video and audio to wireless users in realtime. CelFeed, the flagship product, is a realtime MPEG-4 transcoder and streamer for supplying mobile devices with rich media content based on realtime reception quality. CelFeed handles hundreds of concurrent users with live video channels at once, by converting compressed streams of live television broadcasts and existing video content on the fly. Its unique ability to 'feel the network' and dynamically adapt to terminal conditions provides end users with an uninterrupted flow of quality data. Celvibe's patent-pending solutions consist of realtime encoding for deploying highly compressed streams of live television broadcasts over wireless networks, and realtime transcoding for converting existing video content to MPEG-4. Customers and partners include Telco's and wireless carriers who are adding packet switch capabilities to their networks, mobile device manufacturers, content providers, application providers and video server manufacturers.

OnPage Corporation provides smartphone-based business continuity solutions that ensure uninterrupted communication and access to information. It offers OnPage, a cloud-based enterprise-grade priority messaging service on iOS, Android, and Blackberry. The company also provides Secure Messaging System, a Web-based dashboard that allows large enterprises, as well as small organizations a central dispatching and auditing location; and Enterprise Control System for IT, a Web-based dashboard that allows large enterprises, as well as small organizations a central location to view incidents and audit response time, manage users and group, define escalation policies, and schedule on-call resource. It also offers on-call management solutions; and OnPage, a priority messaging solution that ensures message delivery, alerting and tracking. The company serves medical, information technology, emergency, financial, data centers, media, MSPs, and call center organizations in the United States and internationally. OnPage Corporation was formerly known as Onset Technology, Inc. and changed its name to OnPage Corporation in August 2015. The company was founded in 1997 and is based in Waltham, Massachusetts. OnPage Corporation operates as a subsidiary of Shonut Probabilistic Solutions Ltd.

Crescendo Networks accelerates and optimizes delivery of business-critical Web applications through the market’s best-performing application delivery controllers. A purpose-built hardware design with a massively parallel architecture enables Crescendo’s ADCs to outperform competing products under peak load with all features turned on, allowing servers to serve user requests even under massive HTTP traffic or extreme load. The company’s products are used by many of the world’s most sophisticated and fastest-growing Web properties to ensure usability, facilitate rapid business growth, lower IT costs and capture additional revenue.

CogniTens, Ltd. provides three dimensional optical measurement solutions for measuring sheet metal parts and assemblies. Its products include Optigo, a portable dimensional measurement platform operated by shop floor operators and engineers; and OptiCell, an automated 3D optical measurement system designed for supporting off-line recurring measurements of parts and assemblies in the production shop floor environment. The company also provides software products comprising CoreView Plan for planning, defining, and preparing comprehensive dimensional measurement programs for execution by Optigo and OptiCell dimensional measurement platforms; and CoreView Pro for viewing, analyzing, and reporting dimensional measurement information based on common dimensional measurement information generated by Optigo and OptiCell dimensional measurement platforms. In addition, it offers software products, including CoreView Lite for viewing measurement results produced by Optigo and OptiCell; off line measurement for off-line computation of collected dimensional data, analysis of results, and generation of CoreView files and other standard outputs; and Dimensional Domain Server that interfaces with a range of CogniTens platforms and software products to help in collecting, storing, and managing dimensional information generated across the organization. Its solutions support industrial engineering activities, such as tooling, part production, assembly, quality, and process control. The company serves automotive original equipment manufacturers, tier1 suppliers, tool and die companies, and other engineering and manufacturing organizations. It offers its products through distributors. The company was founded in 1995 and is based in Ramat Hasharon, Israel with additional offices in North America, South America, Europe, and Asia. As of September 3, 2007, CogniTens, Ltd. operates as a subsidiary of Hexagon Metrology AB.

Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance, radiation-hardened and highly reliable analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,000 employees globally.

Flash Networks Ltd. develop mobile Internet optimization and monetization solutions. The company offers radio spectral efficiency solutions, data explosion and congestion control, data monetization solutions, clean pipe cyber security services, subscriber engagement solutions, and roaming data control services. It also provides radio connections and signaling, video streaming, and cell based traffic management solutions. The company was founded in 1996 and is based in Herzliya, Israel. As of August 5, 2020, Flash Networks Ltd. operates as a subsidiary of Volaris Group Inc.

Mercado provides a commerce-specific search engine for online retailing. The company provides software used to manage e-commerce operations, including merchandising, searching, catalog management, and browsing functions. Mercado provides eCommerce professionals with a platform on which to execute merchandising strategies and drive revenue growth.

EarlySense develops signal-processing technology. The company's lead product, EverOn, a contact-free early detection patient supervision system that measures, records, displays, and alerts heart and respiration rates, as well as bed entries and exits, patient motion, and quality of sleep from under the mattress. EarlySense Ltd. was founded in 2004 and is based in Ramat Gan, Israel with a research and development facility in Israel; and marketing offices in Boston, Massachusetts.

ProActivity provides business process analysis and optimization software. The company develops, sells, and supports a platform that automates the capture and validation of business processes, generates graphical process maps on the fly, provides multidimensional analysis, and creates a strategic process knowledge base that can be reused and extended. It also offers consulting and professional services, onsite training, Web training, and customer support services. The company's clientele includes BEA Systems, Dell, CSC, Wyeth Pharmaceutical, Getronics NV, US Army, State Street Bank, and Bank of America. ProActivity was founded as Inprotech Technologies in 1993. The company is headquartered in Newton, Massachusetts with an office in Netanya, Israel.

CopperGate Communications develops chipsets designed to revolutionize home networking, providing the only currently available standards-based technology for multimedia networking in the home over existing wires. CopperGate works with the world's leading system manufacturers to deliver the only products that operate over both phone lines and coax cables on a single network enabling consumers to conveniently connect equipment to broadband services throughout the home.

Flash Networks Ltd. develop mobile Internet optimization and monetization solutions. The company offers radio spectral efficiency solutions, data explosion and congestion control, data monetization solutions, clean pipe cyber security services, subscriber engagement solutions, and roaming data control services. It also provides radio connections and signaling, video streaming, and cell based traffic management solutions. The company was founded in 1996 and is based in Herzliya, Israel. As of August 5, 2020, Flash Networks Ltd. operates as a subsidiary of Volaris Group Inc.

CopperGate Communications develops chipsets designed to revolutionize home networking, providing the only currently available standards-based technology for multimedia networking in the home over existing wires. CopperGate works with the world's leading system manufacturers to deliver the only products that operate over both phone lines and coax cables on a single network enabling consumers to conveniently connect equipment to broadband services throughout the home.

Founded in 1998, congruency, Inc. is a premier provider of hosted IP telcom services and the first company to define and lead the Communications Application Service Provider (CASP) market. A CASP is a new type of ASP that permits Internet-based delivery of a full range of communications services, from voice, to data, to targeted content personalized to IP telephones and Internet appliances. Based in Rochelle Park, NJ with development offices in Petach-Tikva, Israel, congruency has developed a "next generation," true Internet voice networking platform that operates with all broadband access technologies. The system uses an architecture incorporating Voice-over-IP, patent-pending technology, ITU/IETF standards and proprietary methods. The result is high quality, traditional and advanced voice communication services over broadband data networks. The network is designed to work with new Internet telephone appliances such as congruency's own i.Picasso© family of phone appliances -- which allow true IP telephony on the business desktop. These IP appliances have the simplicity, familiarity and feel of traditional telephones, but offer advanced Internet capabilities including the delivery of new and easily-customized communications services. The demand for these devices is expected to grow exponentially. Phillips Infotech predicts that over the next four years, more than 10 million business telephone lines will convert to IP. congruency markets these services to Competitive Local Exchange Carriers (CLECs), Internet Service Providers (ISPs), and Building Local Exchange Carriers (BLECs). Due to rapidly increasing competition within their markets, service providers are being compelled to find ways to enhance their products and services. Most currently, they offer similar low-margin commodity transport services, limiting their revenue-generating opportunities. In addition, service providers suffer from customer churn, due to a market in which all providers sell the same basic services. congruency's Communications Network offers a new world of opportunities for CLECs, ISPs, and BLECs by allowing them to sell a host of new, quality, IP services to their customers, without investing in expensive equipment and resources. Through its advanced services, congruency makes it possible for service providers to easily move from a low-cost transport, or a "free" telephony model to a "value-added services" business model, permitting them to generate new revenue streams. In addition, new "value-added" services permit service providers to build customer loyalty, and significantly reduce customer churn and low-profit margins that now characterize their marketplace. As the leader of CASP, congruency is prepared to meet the future needs of the marketplace for IP voice, data and targeted content.

Demantra provides planning solutions for marketing, sales, and supply chain departments in organizations. It offers Internet-enabled demand management solutions that provide online planning and decision-making environment; and trade promotions management solutions for managing trade and consumer promotional activities in companies. The company also provides inventory planning and optimization solutions, including supply chain planning. It offers its solutions to the consumer packaged goods, consumer electronics and technology, media and entertainment, pharmaceutical, consumer durables, and footwear and apparel industries. Demantra, Inc. was formerly known as Eventus Logistics, Inc. and changed its name to Demantra, Inc. in April, 2000. The company was founded in 1996 and is headquartered in Waltham, Massachusetts.

Expand Networks is a technology company that helped pioneer the Wide Area Network (WAN) Optimization market. Founded in 1998, Expand Networks has grown to be the leading provider of "Virtual Proximity" solutions over the Wide Area Network. Expand Networks has more than 3,500 customers with over 40,000 units deployed and boasts the industries largest installation of over 3,000+ devices. Expand Networks "Virtual Proxmity" Experience is available Gloablly via our Network of Expand Certified Resellers, System Integrators, MSPs & OEM Partners.

Flash Networks Ltd. develop mobile Internet optimization and monetization solutions. The company offers radio spectral efficiency solutions, data explosion and congestion control, data monetization solutions, clean pipe cyber security services, subscriber engagement solutions, and roaming data control services. It also provides radio connections and signaling, video streaming, and cell based traffic management solutions. The company was founded in 1996 and is based in Herzliya, Israel. As of August 5, 2020, Flash Networks Ltd. operates as a subsidiary of Volaris Group Inc.

NewChannel™ delivers the only Web-based sales channel that qualifies visitors and lets salespeople proactively contact the best prospects currently on their site, thereby enabling its customers to transform their Internet strategies from unfocused, reactive models to targeted, interactive sales tools. In short, NewChannel can make your e-business sales and marketing strategies more efficient, personalized and profitable. Founded in 1996 and based in Redwood City, CA, NewChannel Inc. provides its customers with a hosted application, along with implementation, training and maintenance assistance designed to help them achieve long-term success. NewChannel is a privately held company.

OnPage Corporation provides smartphone-based business continuity solutions that ensure uninterrupted communication and access to information. It offers OnPage, a cloud-based enterprise-grade priority messaging service on iOS, Android, and Blackberry. The company also provides Secure Messaging System, a Web-based dashboard that allows large enterprises, as well as small organizations a central dispatching and auditing location; and Enterprise Control System for IT, a Web-based dashboard that allows large enterprises, as well as small organizations a central location to view incidents and audit response time, manage users and group, define escalation policies, and schedule on-call resource. It also offers on-call management solutions; and OnPage, a priority messaging solution that ensures message delivery, alerting and tracking. The company serves medical, information technology, emergency, financial, data centers, media, MSPs, and call center organizations in the United States and internationally. OnPage Corporation was formerly known as Onset Technology, Inc. and changed its name to OnPage Corporation in August 2015. The company was founded in 1997 and is based in Waltham, Massachusetts. OnPage Corporation operates as a subsidiary of Shonut Probabilistic Solutions Ltd.

Crescendo Networks accelerates and optimizes delivery of business-critical Web applications through the market’s best-performing application delivery controllers. A purpose-built hardware design with a massively parallel architecture enables Crescendo’s ADCs to outperform competing products under peak load with all features turned on, allowing servers to serve user requests even under massive HTTP traffic or extreme load. The company’s products are used by many of the world’s most sophisticated and fastest-growing Web properties to ensure usability, facilitate rapid business growth, lower IT costs and capture additional revenue.

HeliOss Communications Inc. develops wireless broadband communications. Its product line, the Maverick150TM Family, is a high-capacity wireless system for communication uses in different types of metropolitan and rural applications. HeliOss also provides broadband services between homes and the main under ground cable structures. The company was founded in 1996 and is based in Waltham, Massachusetts.