SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 RADCOM Ltd. ----------- (Name of Issuer) Ordinary Shares, par value NIS 0.05 per share --------------------------------------------- (Title of Class of Securities) M81865103 --------- (Cusip Number) December 31, 2007 ----------------- (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) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) -------------------------------------------------------------------------------- CUSIP No. M81865103 13G Page 2 of 5 Pages -------------------------------------------------------------------------------- ---------------- --------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS Zohar Zisapel I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Not Applicable. ---------------- --------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] ---------------- --------------------------------------------------------------- 3. SEC USE ONLY ---------------- --------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Israel ---------------- --------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 3,468,501 ----- --------------------------------------- BENEFICIALLY OWNED 6. SHARED VOTING POWER 177,841 ----- --------------------------------------- BY EACH REPORTING 7. SOLE DISPOSITIVE POWER 3,468,501 ----- --------------------------------------- PERSON WITH 8. SHARED DISPOSITIVE POWER 177,841 ---------------- --------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,646,342 ---------------- --------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ---------------- --------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 22.1 % ---------------- --------------------------------------------------------------- 12. TYPE OR REPORTING PERSON IN ---------------- --------------------------------------------------------------- 2 Item 1(a). Name of Issuer Radcom Ltd. (hereinafter referred to as the "Company") Item 1(b). Address of Issuer's Principal Executive Offices 24 Raoul Wallenberg Street Tel Aviv, 69719, Israel Item 2(a). Name of Person Filing Zohar Zisapel (hereinafter referred to as the "Reporting Person") Item 2(b). Address of Principal Business Office or, if None, Residence 24 Raoul Wallenberg Street Tel Aviv, 69719, Israel Item 2(c). Citizenship Israel Item 2(d). Title of Class of Securities This statement relates to Ordinary Shares, par value NIS 0.05 per share (hereinafter referred to as "Ordinary Shares"). Item 2(e). CUSIP Number M81865103 Item 3. Identification of Persons Filing Pursuant to ss. 240.13d-1(b) or ss. 240.13d-2(b) or (c) Not Applicable. Item 4. Ownership (a) Amount beneficially owned: As of December 31, 2007, the Reporting Person beneficially owned 3,646,342 Ordinary Shares, or 22.1% of the total number of Ordinary Shares issued and outstanding. Of the 3,646,342 Ordinary Shares (i) 3,314,001 Ordinary Shares, or 20.3% of the total number of Ordinary Shares issued and outstanding, were owned of record by the Reporting Person; (ii) 54,500 or 0.3% of the total number of Ordinary Shares issued and outstanding, are owned of record by Klil and Michael Ltd., an Israeli company, which is controlled by the Reporting Person, its principal shareholder and director..; (iii) 100,000 Ordinary Shares issuable upon exercise of options exercisable within 60 days of December 31, 2007 and (iv) 177,841 or 0.9% of the total number of Ordinary Shares issued and outstanding, consists of Ordinary Shares owned of record by RAD Data Communications Ltd. The Reporting Person and Yehuda Zisapel have shared voting and dispositive power with respect to the shares of Rad Data Communications Ltd. 3 Except as set forth in this Item 5(a), the Reporting Person does not beneficially own any Ordinary Shares. The percentages stated above are based on 16,364,888 Ordinary Shares outstanding as of December 31, 2007. (b) Percent of class: 22.2 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 3,468,501 (ii) Shared power to vote or to direct the vote: 177,841 (iii) Sole power to dispose or to direct the disposition of: 3,468,501 (iv) Shared power to dispose or to direct the disposition of: 177,841 Item 5. Ownership of Five Percent or Less of a Class Not Applicable. 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 Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. 4 Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification (a) Not Applicable. (b) 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. 5 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. Date: February 12, 2008 /s/ Zohar Zisapel ------------------------------------------- Name: Zohar Zisapel