Asankya

Sep 2, 2015

Following are brief descriptions of some of the companies in which Veritas has invested in recent years. Communications Accord Networks Ltd. (now Polycom, Inc) Atlanta, GA and Petach-Tikvah, Israel Accord provided advanced Multipoint Control Units ("MCU's") -switching hubs which enable live audio,visual and data communications between multiple,diverse video-conferencing terminals,and are aimed at the high-end of the market:video-conferencing service-providers and large corporate networks. Veritas seeded a new company in 1995,that later merged with another seed-stage venture to form Accord,in which Veritas continued to invest.Advanced Technology Ventures,Concord Venture Management and SVM Star Ventures were among our co-investors in Accord. Accord went public in June 2000 (NASDAQ: ACCD),and was subsequently acquired by Polycom, Inc. (NASDAQ: PLCM). ART Advanced Recognition Technologies, Inc (now Nuance Inc) Los Angeles, CA and Tel Aviv, Israel ART provides handwriting-recognition and voice-activation software productsfor mass-communication devices. The company's advanced recognizers,capable of running on low-level processors,excel at maximizing limited computer resources.ART's clients include, among others, manufacturers of cellular-phones,Internet-access devices, palm-held devices and automobiles. Veritas led the Company's seed round,which Hambrecht & Quist's venture fund joined.Veritas continued to lead subsequent rounds of financing in the Company. ART was acquired by ScanSoft (later acquired by Nuance NASDAQ: NUAN) in 2005. Asankya Inc. Atlanta GA Asankya offers a revolutionary approach to delivering real-time content.Using a breakthrough technique for transporting packets over multiple network paths,it enables delivery of real-time content consistently and at a high quality over the Internet. Asankya's market leading technology transports real-time content of any type,from live streaming to interactive entertainment.Asankya vastly improves streaming quality and download speed -working in concert with or in place of content distribution network (CDN) services. Asankya’s core technology was developed at Georgia Tech,commercialized by its VentureLab commercialization program,and incubated at the ATDC incubator affiliated with Georgia Tech. Veritas is Asankya’s lead seed-stage investor. Bamboo MediaCasting Inc. (now Runcom) Tel Aviv, Israel Bamboo’s SilverStripe platform is a complete and scalableend-to-end mobile media solution enabling network operators,service providers and content providers to deliver to their users an effortless,dynamic mobile entertainment experience. Delivering regularly refreshed, full track,rich-media content through self-selected channels,SilverStripe can add highly-targeted advertising pushedto the subscriber’s phone and stored on its memory.Subscribers enjoy convenient access, independent of network availability, anytime, anywhere. Bamboo’s solutions are entering servicewith leading mobile carriers and content providers in Europe and Asia. Bamboo was acquired by Runcom during 2008. CableMatrix Inc. (now Sandvine, Inc) Jerusalem, Israel CableMatrix provides bandwidth management and quality of service solutionsto enable broadband service providers to offer their subscribersadvanced multimedia services and extract greater efficiencyand capacity from their existing network infrastructure. Veritas led the Company's seed financing round in 2004 together with Walden,Enertech Capital and Intel Capital.CableMatrix was acquired by Sandvine (TSX: SVC) in 2007. Class Data Systems Israel Ltd. (now Cisco Systems, Inc.) Ra'anana, Israel Class Data Systems develops software for bandwidthmanagement for organizations using the Internet, Intranets and other dedicatednetworks. The company was acquired by Cisco Systems (NASDAQ: CSCO) in 1998. Veritas co-led the Company's seed round with Euro-Americain 1996, and helped the founder establish the venture in Israel upon returningfrom Silicon Valley. fring fring™ is an award-winning mobile internet community and communication service that allows friends to connect,share experiences and enhance their communities together using the internet capability of their mobile device.They do this using a combination of proprietary fring utilities and the internet’s most popular social and community applicationsincluding Skype, MSN, Facebook, GoogleTalk, Twitter, Yahoo! AIM, ICQ, Orkut, Last.fm) ‏fring users interact with friendsfrom all of their social communities via their personal fringFriends list -an interactive, dynamic, contact list of online friends, unified in one place, and enriched with real-time presence indication. Gilat Satellite Networks Ltd. Petach Tikva, Israel and McLean, VA Gilat Satellite Networks Ltd. is a global leader in VSAT(Very Small Aperture Terminal) satellite communications technology,manufacturing and service. The Company provides end-to-end telecommunicationsand data networking solutions to customers across six continents. Gilat wentpublic in the US in early 1993 (NASDAQ: GILTF). Veritas and its affiliated fund, Athena Venture Partners,led both of Gilat's venture rounds, in which Discount Investment Corp.co-invested. Veritas exited from the company in 1997. Trivnet Ltd. Shfayim, Israel Trivnet enables payment and commercial services offered by operators and service providers,allowing a rapid rollout of profitable offerings with a minimal investment. Trivnet's platform supports multiple types of interactive transactions such as:mobile airtime distribution, electronic top-up, fund remittances,mobile payments and eCommerce, across all networks and access methods. Veritas led Trivnet's first round in 1998 and co-led its second round in 1999.SVM Star Ventures, Euro-America, Viventures, Magnum Communications Fund,Singapore Telecom and CDIB are our co-investors in the Company.