Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Vector Capital III, L.P.
2. Date of Event Requiring Statement (Month/Day/Year)
11/09/2007
3. Issuer Name and Ticker or Trading Symbol
CAPTARIS INC [CAPA]
(Last)
(First)
(Middle)
C/O VECTOR CAPITAL CORPORATION, 456 MONTGOMERY STREET, 19TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94104
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2,582,361
I
See footnote (1)
Common Stock 107,599
I
See footnote (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vector Capital III, L.P.
C/O VECTOR CAPITAL CORPORATION
456 MONTGOMERY STREET, 19TH FLOOR
SAN FRANCISCO, CA 94104
    X    
Vector Capital Partners III, L.L.C.
C/O VECTOR CAPITAL CORPORATION
456 MONTGOMERY STREET, 19TH FLOOR
SAN FRANCISCO, CA 94104
    X    
VECTOR ENTREPRENEUR FUND III L P
C/O VECTOR CAPITAL CORPORATION
456 MONTGOMERY STREET, 19TH FLOOR
SAN FRANCISCO, CA 94104
    X    
Slusky Alexander R
C/O VECTOR CAPITAL CORPORATION
456 MONTGOMERY STREET, 19TH FLOOR
SAN FRANCISCO, CA 94104
    X    

Signatures

VECTOR CAPITAL III, L.P. , By: Vector Capital Partners III, L.L.C., its General Partner, By: /s/ Alexander R. Slusky, Name: Alexander R. Slusky, Title: Managing Member 11/20/2007
**Signature of Reporting Person Date

VECTOR CAPITAL PARTNERS III, L.L.C., By: /s/ Alexander R. Slusky, Name: Alexander R. Slusky, Title: Managing Member 11/20/2007
**Signature of Reporting Person Date

VECTOR ENTREPRENEUR FUND III, L.P., By: Vector Capital Partners III, L.L.C., its General Partner, By: /s/ Alexander R. Slusky, Name: Alexander R. Slusky, Title: Managing Member 11/20/2007
**Signature of Reporting Person Date

ALEXANDER R. SLUSKY /s/ Alexander R. Slusky 11/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported securities are owned directly by Vector Capital III, L.P., a Delaware limited partnership ("VC III") and indirectly by Vector Capital Partners III, L.L.C., a Delaware limited liability company ("VCP III"), as general partner of VC III and Alexander R. Slusky, an individual, as the managing member of VCP III. Pursuant to Rule 16a-1, VCP III and Mr. Slusky disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein.
(2) The reported securities are owned directly by Vector Entrepreneur Fund III, L.P., a Delaware limited partnership ("Entrepreneur Fund") and indirectly by VCP III, as general partner of Entrepreneur Fund and Mr. Slusky, as the managing member of VCP III. Pursuant to Rule 16a-1, VCP III and Mr. Slusky disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein.
 
Remarks:
This report is being filed jointly on behalf of the following persons (collectively, the "Reporting Persons"): (i) VC III, (ii)  Entrepreneur Fund, (iii)  VCP III, and (iv) Mr. Slusky. Mr. Slusky is the Managing Member of VCP III, which is the sole general partner of each of VC III and Entrepreneur Fund.  VC III, Entrepreneur Fund, VCP III and Mr. Slusky may each be deemed a member of a Section 13(d) group that owns more than 10% of Captaris, Inc.'s outstanding Common Stock.

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