Edgar Filing: HANERFELD HARVEY

Page 1 of 7 Pages
------------------------------
UNITED STATES OMB APPROVAL
------------------------------
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0145
------------------------------
WASHINGTON, D.C. 20549 Expires: December 31, 2005
------------------------------
Estimated average burden
hours per response. . . 11
------------------------------

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___1____)*

Sand Hill IT Security Acquisition Corp.
--------------------------------------------------------------------------------
(Name of Issuer)

Common Stock, par value $.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)

799719109
--------------------------------------------------------------------------------
(CUSIP Number)

December 31, 2005
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ] Rule 13d-1(b)
[X} Rule 13d-1(c)
[ ] Rule 13d-1(d)

-------------

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

-------------------------------------------- ---------------------------- ------------------------------------------
CUSIP No. 799719109 PAGE 2 OF 7 PAGES
--------- ----------------------------------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Roger Feldman
--------- ------------------------------------------------------------------------------------------- --------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ]
(b) [ ]
--------- ----------------------------------------------------------------------------------------------------------
3. SEC USE ONLY

--------- ----------------------------------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
----------------------- ---------- ---------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
0
SHARES --------------------------------------------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY 385,600
--------------------------------------------------------------------------------------------
OWNED BY 7. SOLE DISPOSITIVE POWER
0
EACH --------------------------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
REPORTING 385,600

PERSON WITH
--------- ----------------------------------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
385,600
--------- ------------------------------------------------------------------------------------------- --------------
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]

--------- ----------------------------------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.5%
--------- ----------------------------------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON (See Instructions)
IN
--------- ----------------------------------------------------------------------------------------------------------

--------- ----------------------------------------------------------------------------------------------------------
CUSIP NO. 799719109 PAGE 3 OF 7 PAGES
--------- ----------------------------------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harvey Hanerfeld
--------- ------------------------------------------------------------------------------------------- --------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ]
(b) [ ]
--------- ----------------------------------------------------------------------------------------------------------
3. SEC USE ONLY

--------- ----------------------------------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
----------------------- ---------- ---------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
0
SHARES ---------- ---------------------------------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY 385,600
---------- ---------------------------------------------------------------------------------
OWNED BY 7. SOLE DISPOSITIVE POWER
0
EACH ---------- ---------------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
REPORTING 385,600

Page 4 of 7 Pages

Item 1. (a) Name of Issuer:

Sand Hill IT Security Acquisition Corp.

(b) Address of Issuer's Principal Executive Offices:

3000 Sand Hill Road, Building 1, Suite 240
Menlo Park, California 94025

Item 2. (a) Name of Person Filing:

This Schedule 13G is being filed jointly by
Roger Feldman and Harvey Hanerfeld (the "Reporting
Persons").

(b) Address of Principal Business Office or, if none,
Residence:

The address of each of the Reporting Persons is
1919 Pennsylvania Avenue, NW, Suite 725, Washington, DC
20006

Each of the Reporting Persons is a United
States citizen.

(d) Title of Class of Securities:

Common Stock, $.01 par value

(e) CUSIP Number:

799719109
Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act.
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act of 1940.
(e) [ ] An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E).
(f) [ ] An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F).
(g) [ ] A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(ii)(G).
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940.
(j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).

Page 5 of 7 Pages

Item 4. Ownership.
(a) Amount Beneficially Owned: *

(b) Percent of Class: *

(c) Number of Shares as to which the person has:
(i) sole power to vote or direct the vote *
(ii) shared power to vote or direct the vote *
(iii) sole power to dispose or direct the
disposition of *
(iv) shared power to dispose or direct the
disposition of *

*See Attachment A

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].

Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not applicable.

Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company or Control Person.
Not applicable.

Item 8. Identification and Classification of Members of the Group.
Not applicable.

Item 9. Notice of Dissolution of Group.
Not applicable.

Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.

Page 6 of 7 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

February 2, 2006
------------------------------
(Date)

/s/ Roger Feldman
------------------------------
(Signature)

Roger Feldman
------------------------------
(Name/Title)

/s/ Harvey Hanerfeld
------------------------------
(Signature)

Harvey Hanerfeld
------------------------------
(Name/Title)

The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)

Page 7 of 7 Pages

ATTACHMENT A

As of December 31, 2005, each of Roger Feldman and Harvey
Hanerfeld is the beneficial owner of 385,600 shares of Common Stock,
constituting 7.5% of the issued and outstanding shares of Common Stock. As sole
stockholders, directors and executive officers of West Creek Capital, Inc., a
Delaware corporation that is the general partner of West Creek Capital, L.P., a
Delaware limited partnership that is the investment adviser to (i) West Creek
Partners Fund L.P., a Delaware limited partnership (the "Fund") and (ii) certain
private accounts (the "Accounts"), Mr. Feldman and Mr. Hanerfeld may be deemed
to have the shared power to direct the voting and disposition of the 232,000
shares of Common Stock owned by the Fund and the 22,100 shares of Common Stock
held in the Accounts. As voting members of Cumberland Investment Partners,
L.L.C., a Delaware limited liability company ("Cumberland"), Mr. Feldman and Mr.
Hanerfeld may be deemed to have the shared power to direct the voting and
disposition of the 131,500 shares of Common Stock owned by Cumberland. Neither
of Mr. Feldman or Mr. Hanerfeld has sole power to direct the voting and
disposition of any of the shares of Common Stock beneficially owned by them.