March 2008
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Yadata Acquired by Microsoft
 

Microsoft announced an agreement to acquire YaData Ltd., a provider of advanced tools for the discovery of unique customer segments. Yadata was part of Giza’s Ofek seed program and the investment was made in 2007. The acquisition provides a 202% IRR which is a 3.3 multiple on our investment. YaData’s technology will enable Microsoft to provide its advertisers with richer targeting capabilities so they can connect with their audience in more efficient and engaging ways, at the same time providing its customers with more relevant and focused advertisements. The YaData team will join Microsoft's Israel R&D center in Herzliya and YaData’s solutions will be deployed through Microsoft’s Advertiser and Publisher Solutions group.

 
New Investments
Arbel Medical
 

Giza led a $3 million investment round in Arbel Medical, a company which develops innovative, minimally invasive Cryo-therapy products, for the treatment of breast tumors and other internal diseased tissue. Arbel’s easy to use product will be compatible though not limited to office based treatment and will significantly improve patient care.

ViewFinity
 

Giza and JK&B led a Series A round investment of $5 million in VeiwFinity. Viewfinity was founded by three serial entrepreneurs who collaborated previously in establishing and selling XOsoft to Computer Associates. The company provides Active Desktop Management Solutions via a SaaS platform. The emerging unique set of desktop management solutions provides significant costs savings by eliminating the need for desk/remote terminal visits which in turn accelerates helpdesk resolution time, thus reducing end user inoperability periods.

IMScouting
 

As part of our seed investment program, Ofek, Giza invested in IMScouting a company developing a professional information server for the international football industry that will also provide attractive service for sports fans worldwide.

 
Team News


Zeev Holtzman, Founder & Chairman of Giza was part of Israel’s Prime Minister, Ehud Olmert’s delegation to Japan. The delegation’s mission was to strengthen the synergies between Israel’s innovation and the Japan’s high-tech industry. Central to the trip was a seminar hosted by the Prime Minister, highlighting business opportunities between Japan and Israel. The accompanying 20 Israeli industry leaders in the delegation took part in the seminar in addition to one-on-one meetings with leading Japanese businessmen.



Yuval Avni M.D, recently joined Giza as an Associate, as part of the Life Sciences sector team. Dr. Avni, a Medical Practitioner, completed two-years of general surgery internship, focusing on vascular surgery. Dr Avni conducted several clinical research activities mainly in the area of human genetics. Dr. Avni holds a Medical Degree with Honors, from the Technion Institute, Haifa. Dr. Avni served for five years as an officer in an I.D.F elite intelligence corp. unit.

 
Portfolio News
Xeround www.xeround.com
 

Xeround, a provider of software solutions for subscriber management and high performance database systems, announced the general availability of Xeround Sound™ Version 2. The new version of Xeround’s flagship product features breakthrough scalability and price performance.
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Horizon Semiconductors www.horizonsemi.com
 

Horizon Semiconductors, a leading provider of highly integrated silicon solutions that enable secure video and audio compression & transmission for the consumer electronics and broadcast markets, announced the immediate availability of a multi-standard native 1080/60p professional encoder IC for the Cable, Satellite, Telco, Terrestrial & Mobile triple/quad-play broadcast markets.
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Mitralign www.mitralign.com
 

Mitralign has successfully performed its first implantation of the Mitralign Percutaneous Annuloplasty System(TM) for mitral valve repair at French Hospital in Asuncion, Paraguay.
The patient was treated by an experienced medical team led by Adrian Ebner, MD of the French Hospital and Lutz Buellesfeld, MD of Helios Heart Center, Siegburg, Germany.The Mitralign System was able to remodel the valve and reduce the patient's mitral regurgitation from 3+ to 2+, 24 hours after the procedure based on core lab assessment. The patient spent less than 48 hours in the hospital after the procedure and continues to do well at home.
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Lucid www.lucidlogix.com
 

Former Intel Fellow and currently visiting Professor at the Technion Institute, Dr. Uri Weiser joins Lucid’s Advisory Board. Lucid is an innovator in real time distributed processing for visual computing applications.
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BioLineRx www.biolinerx.com
 

BioLineRx (TASE: BLRX), a clinical stage drug development company, disclosed positive results from a Phase 2a trial of BL-1020, a GABA-enhanced antipsychotic. BL-1020 showed statistically significant efficacy with no significant change in weight and no increase in extrapyramidal symptoms at study completion.
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Circulite www.circulite.net
 

CircuLite announced preliminary top-line results of a pilot first-in-man study of four patients that have been implanted with the Synergy Pocket Circulatory Assist Device. Synergy is a micro implantable blood pump, the size of an AA battery that can be implanted superficially in a “pacemaker-like” pocket. The device is designed to provide long-term, partial circulatory support in patients with chronic heart failure.
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iamba www.iamba.com
 

iamba Networks, leading provider of gigabit passive optical networking (GPON) solutions for the telecommunications industry, announced the availability of its new iSN1000 family of GPON ONT ASICs. The iSN1000 family includes three SoCs for three types of ONTs: the iSN1000F for Single Family Units (SFU), the iSN1000T for small office, home offices (SOHO), and the iSN1000D for Multi Dwelling Units (MDU).
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Surf Communications www.surf.co.il
 

SURF Communication Solutions, a leading provider of high-capacity multimedia processing boards and chips for the telecommunication infrastructure field, announced it is leveraging Texas Instruments’ high performance TNETV3020 six-core digital signal processor (DSP) to promote the development of open architecture, multimedia processing solutions for telecom applications.
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Leonardo Media www.leonardo.com
 

Leonardo Media and Pegasus Solutions announced they have entered into agreement to create ContentHub, a comprehensive hotel content management solution. The new service, to be formally introduced in three weeks at ITB Berlin 2008, is designed to provide hotels with a single environment to manage and distribute all of their online hotel content.
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Feature Article


LEHMAN BROTHERS: “Israel remains one of the strongest fundamental stories in the region, in our view.”

See full article attached.


 
IVC Research Center Q4 2007 Survey


Click here to read the IVC’s Q4 2007 Survey

 
Giza Blog


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Contact


Linda Hufnagel
Director, Investor Relations
Giza Venture Capital
Ramat Aviv Towers, 12th floor
40 Einstein Street,
Tel Aviv, Israel
Tel: +972-3-640 2347
Fax: +972-3-6402319
http://www.gizavc.com