Early Stage Portfolio

Active Power

NASDAQ: ACPW

Smart energy solutions

AV Investment Professionals

Alchemy Semiconducter

Acquired by AMD (NYSE: AMD)

Augmentix

Acquired by Entorian

Augmentix builds applied computing servers for the defense, telecom, industrial and medical markets. Their servers are designed for mission critical applications that demand greater environmental ruggedness, reliability, expandability and serviceability.

Benchmarq

Acquired by Unitrode (NYSE: UTR)

ClearCube

Desktop PC blade computing

ClearCube is a recognized leader in centralized computing, thin client computing and desktop virtualization markets. ClearCube seeks to reduce IT management costs by consolidating resources, improve manageability and enhance security while maintaining full PC capabilities for users. The company delivers centralized desktop computing solutions that leverage its Sentral centralized management software to integrate powerful PC blade technology, cutting-edge user access devices and expert professional services to give organizations comprehensive, high-performance centralized computing and virtual desktop solutions. ClearCube has thousands of customers around the world in the financial services, government and education, healthcare and commercial and manufacturing industries. ClearCube has won numerous awards, including InfoWorld's prestigious "Technology of the Year Award" for the best blade system in 2006.

ColdWatt

Acquired by Flextronics International (NASDAQ: FLEX)

ColdWatt offers best in class AC-DC and DC-DC power converters that initially target computing, telecommunications, networking and storage applications. Using breakthrough innovations in magnetic components, circuit design, semiconductors, and materials, they offer the most efficient, highest density, and coolest power supplies available.

Entrepreneurs

Conformative

Acquired by Intel (NASDAQ: INTC)

XML Servers

Copan Systems

Acquired by SGI (NASDAQ: SGI)

Copan is a storage systems company developing a disk system that can beat the price and performance of automated tape libraries.

Credence Systems

NASDAQ: CMOS
Manufacturer of testing equipment for semiconductor industry (NASDAQ: CMOS)
AV Investment Professionals

Crossroads Systems

NASDAQ: CRDS

Storage area network routers

Crystal Semiconducter

Acquired by Cirrus Logic (NASDAQ: CRUS)

Cygnal

Acquired by Silicon Laboratories (NASDAQ: SLAB)

Programmable mixed-signal system-on-chip products; acquired by Silicon Laboratories

Entrepreneurs

D2 Audio

Acquired by Intersil (NASDAQ: ISIL)

D2Audio builds mixed-signal semiconductor products that are a part of digital power amplifiers used in consumer and professional audio/video equipment.

AV Investment Professionals

Egenera

Virtualized servers

Egenera is a high-end server company that sells an Intel and AMD-based platform with virtualization and management capabilities normally found only in expensive Unix and mainframe systems

Innovative Silicon

DRAM memory IP

Innovative Silicon, Inc. (ISi) is a fast-growing, venture-backed company that develops and licenses Z-RAM - the world's densest, lowest-cost memory technology. Z-RAM  which stands for Zero-Capacitor DRAM is a direct replacement for today's DRAM technologies and is ideal for complex Systems-on-Chip (SoC), microprocessors, and stand-alone DRAMs. Innovative Silicon has harnessed the floating body effect of SOI semiconductor devices to develop memory cells that are twice as dense as existing DRAM and five times as dense as existing SRAM. Innovative Silicon proprietary memory technology, called Z-RAMTM (for Zero capacitor DRAM), uses a standard SOI logic processes without new materials or extra process or masking steps. For most SOC and Microprocessor ICs, this results in SOI being a lower-cost solution than bulk silicon.

LifeSize Communications

Acquired by Logitech (NASDAQ: LOGI)

LifeSize is the first company to develop and deliver high definition video communications products. Founded by industry veterans and Headquartered in Austin,Texas, LifeSize's award winning solutions combine superior quality of experience, unique flexibility and unmatched price performance to make video communications a productive, true-to-life experience. LifeSize is headquartered in Austin, TX with subsidiaries in Europe and Asia Pacific, and a network of channel partners reaching more than 80 countries.

Entrepreneurs

McData

NASDAQ: MCDT

Data center network switches (NASDAQ: MCDT)

Navini Networks

Acquired by Cisco (NASDAQ: CSCO)

Navini Networks provides portable, plug-n-play broadband wireless access solutions. Navini's Ripwave portable, zero-install, non-line-of-sight (NLOS) product line of customer modems, base stations, and element management systems (EMS) run in the full range of spectrums for the broadband and WiMAX markets.

NetEffect

Acquired by Intel (NASDAQ: INTC)

NetEffect is a network solutions company developing products to enable the next generation of high-performance, multi-gigabit Ethernet. NetEffect's products are full implementations of the iWARP Ethernet standards and fully compatible with the Ethernet infrastructure found in today's data centers.

AV Investment Professionals

NetStreams

Acquired by ClearOne (NASDAQ: CLRO)

Headquartered in Austin, Texas, NetStreams delivers the Ultimate IP A/V Experience by distributing high definition audio and video over TCP/IP networks. NetStreams' products, designed for commercial and residential use, offer unprecedented levels of performance, functionality, simplicity, reliability, and expandability. By combining audio/video content, meta-data and control signals into one stream and incorporating industry standards, NetStreams solutions are a smart investment. NetStreams is enabling the future of IP A/V - today.

AV Investment Professionals

Newisys

Acquired by Sanmina-SCI (NASDAQ: SANM)

Opteron servers

Entrepreneurs

Proteon

Acquired by NSGDatacom post-IPO

High-performance local area networking products

AV Investment Professionals

Reactivity

Acquired by Cisco Systems

Reactivity provides secure XML infrastructures used by enterprises to realize the promise of web services architectures.

Santera Systems

Acquired by Tekelec ( NASDAQ: TKLC)

Voice switching products

Silicon Laboratories

NASDAQ: SLAB

Silicon Metrics

Acquired by Magma (NYSE: MAGMA)

EDA tools for modeling and analysis

Entrepreneurs

SyChip

Acquired by Murata

Wireless chip modules

AV Investment Professionals
Entrepreneurs

Synoptics

Acquired by Nortel (NYSE: NT)

Developer of network communications equipment; merged with Wellfleet to form Bay Networks

VocalData

Acquired by Tekelec

VTEL

All-In-One Telepresence