Optibase Inc.

www.optibase.com

Now Vitec

High-Tech Company

Acquired by Vitec Multimedia SA

TECH VERTICALS

Broadcasting, Machine Vision, Streaming

General Data

Sector	Network Infrastructure
Company Stage:	Revenue Growth
Established	1990
Number of Employees	136
Reg. Number:	abCDe

DESCRIPTION

Optibase is engaged in high quality video encoding, decoding and IPTV streaming solutions. Optibase's products enable the creation, broadband streaming and playback of high quality digital video and are used in applications such as: IPTV (video over DSL/Fiber networks), post production and video contribution in the broadcast and cable industries and archiving, high-end surveillance, distance learning, and business television in the Enterprise. The Company's Professional Services group offers integration services for the development and implementation of end-to-end professional video solutions.

TECHNOLOGY

IPTV , video encoding, decoding and streaming

	TARGET MARKETS
	federal and state government agencies ,Telecom Operators, Service Providers, Broadcasters, Content Creators.

	BUSINESS MODEL
	B2B

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
988A4908-207A-E111-AC59-00155D32A403		Optibase Inc.		Acquired/Merged
E3CE5FF0-1F7A-E111-AC59-00155D32A403	Subsidiary	VBox Communications Ltd.	Optibase Inc.

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Accounting Firm

CONTACT INFO

Expand / Collapse All

Main Address: Herzliya, Israel

Address	11 Galgalei Haplada St.
POB	2170
City	Herzliya
Country	Israel
Zip	4672211

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Mountain View, United States

Address	880 Maude Ave.
City	Mountain View
State/Province	CA
Country	United States
Zip	94043

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Beijing, China

Address	Rm 2108, Bldg. A, Cyber Tower, 2 Zhong Guan Cun South Ave., Haidian District
City	Beijing
Country	China
Zip	100086

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Haryana, India

Address	# 6005 , 2nd Floor, DLF City, Phase - 4, Gurgaon
City	Haryana
Country	India
Zip	122002

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Singapore, Singapore

Address	3 Singapore Science Park Dr., Singapore Science Park 1, #04-18 PSB Annex
City	Singapore
Country	Singapore
Zip	118223

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tokyo, Japan

Address	78-6 Kanda-Sakuma Kashi, Chiyoda-Ku
City	Tokyo
Country	Japan
Zip	101-0026

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Danvers, United States

Address	156 Andover St., Ste. 210
City	Danvers
State/Province	MA
Country	United States
Zip	01923

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Tomer Carmi	R&D Manager
Mr. Amir Philips	CEO
Mr. Eduardo Shoval	Co-Founder	Cognitiv (General Partner)
Mr. Yehuda Elmaliach	Co-Founder	Blink App (CTO)
Mr. Yossi Givati	Co-Founder	Eplication (VP, Products & Service)
Mr. Ariel Gorfung	Co-Founder	Oris Investments (Managing Partner)
Mr. Moti Gura	Co-Founder
Mr. Doron Herzlich	Co-Founder
Mr. Ran Oz	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	CEO, Optibase
abC Defghij	Board Member	Partner, Hilman & Co.
abC Defghij	Board Member	Former top official, Bank Hapoalim
abC Defghij	Board Member	VP Operations, Optibase

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Mar. 16, 2010

abCDe

Optibase's video business; in cash, plus 45% of Vitec revenue from Optibase's business in excess of $14m in the year following the closing of the deal.

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Other	abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Aug. 12, 2007	Dual Listing	TASE	abCDe	abCDe	09/2008: Delisted from TASE following failure to raise wanted amount
Mar. 09, 2000	Second Public Offering	NASDAQ GS	abCDe	abCDe
Apr. 08, 1999	IPO	NASDAQ GS	abCDe	abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

PIPE

Jun. 25, 2008

Revenue Growth

abCDe

Other

Jun. 01, 2001

abCDe

Third Round

Apr. 07, 1999

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Investment Company	abCDe

Second Round

Jan. 01, 1995

R&D

abCDe

First Round

Aug. 01, 1993

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe
abC Defghij	Investment Company	abCDe

Other

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe

	R&D Grants

Expand / Collapse All

Round

Date

Stage

Amount

Remarks

R&D Grant

Oct. 01, 2006

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	R&D grant

R&D Grant

Oct. 01, 2005

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	R&D grant
abC Defghij	Bi-Lateral R&D Program	abCDe	Granted by the EU Sixth Framework Program for R&D

R&D Grant

Oct. 01, 2004

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	R&D grant
abC Defghij	Bi-Lateral R&D Program	abCDe	Granted by the EU Sixth Framework Program for R&D

R&D Grant

Jan. 01, 2004

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	BANITS - a EUR 10.1m Multi lateral CELTIC project

R&D Grant

Oct. 01, 2003

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	R&D grant
abC Defghij	Bi-Lateral R&D Program	abCDe	Granted by the EU Sixth Framework Program for R&D

R&D Grant

Oct. 01, 2002

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	R&D grant
abC Defghij	Bi-Lateral R&D Program	abCDe	Granted by the EU Sixth Framework Program for R&D

	Acquisitions made by Optibase

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	N/A	Mar. 01, 2004	abCDe
abC Defghij	N/A	Oct. 01, 2000	abCDe
abC Defghij (Partial Sale)	Networ...	Aug. 20, 2000	abCDe

	PORTFOLIO COMPANIES

Current Portfolio Companies (1)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

VBox

Network Infra.

First Round	01/03/2005	$0.7m	$2.2m	Strategic investment; holds 35% of the company
Seed	01/10/2001	$0.6m	$2.3m	Strategic investment

Exits (5)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	Acquired	02/07/2007	abCDe
abC Defghij	Acquired	09/01/2014	abCDe
abC Defghij	Acquired	14/11/2019	abCDe	Cash ($324m) & Shares
abC Defghij	Acquired	07/01/2014	abCDe
abC Defghij	Acquired	23/12/2008	abCDe

Last Updated:	abCDe
IVC Number:	abCDe