UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Axent Technologies, Inc.
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(Name of Issuer)
Common Stock, par value $.02 per share
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(Title of Class of Securities)
05459C108
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(CUSIP Number)
*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
disclosures provided in a prior cover page.
The information required on the reminder 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).
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CUSIP NO. 05459C108 13G
1. Name of Reporting Person General Atlantic Partners II, L.P.
S.S. or I.R.S. Identification
No. of Above Person
2. Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [ ]
3. S.E.C. Use Only
4. Citizenship or Place of Organization Delaware
Number of Shares (5) Sole Voting Power 944,991
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 944,991
Reporting Person (8) Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
944,991
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
11. Percent of Class Represented by Amount in Row 9 9.5 %
12. Type of Reporting Person PN
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CUSIP NO. 05459C108 13G
ITEM 1.
(A) NAME OF ISSUER
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Axent Technologies, Inc.
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
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2400 Research Boulevard
Suite 200
Rockville, Maryland 20850
ITEM 2.
(A) NAMES OF PERSONS FILING
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General Atlantic Partners II, L.P. (the "Reporting Person")
(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE
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c/o General Atlantic Service Corporation
3 Pickwick Plaza
Greenwich, CT 06830
(C) CITIZENSHIP
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Delaware
(D) TITLE OF CLASS SECURITIES
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Common Stock, par value $.02 per share (the "Shares")
(E) CUSIP NUMBER
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05459C108
ITEM 3. This statement is not filed pursuant to Rule 13d-1(b), or 13d-2(b).
ITEM 4. As of December 31, 1996, the Reporting Person owned of record
944,991 Shares, or 9.5%, of the issued and outstanding Shares. The
general partner of the Reporting Person is General Atlantic
Partners, LLC, a Delaware limited liability company ("GAP"). The
managing
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CUSIP NO. 05459C108 13G
members of GAP are Steven A. Denning, David C. Hodgson, Stephen
P. Reynolds, J. Michael Cline, William O. Grabe and William E. Ford
(collectively, the "GAP Managing Members").
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
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See Item 4.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
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THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
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Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
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See Item 4.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
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Not applicable.
ITEM 10. CERTIFICATION
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Not applicable.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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CUSIP NO. 05459C108 13G
SIGNATURES
After reasonable inquiry and to the best of our knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
GENERAL ATLANTIC PARTNERS II, L.P.
By: GENERAL ATLANTIC PARTNERS, LLC
its General Partner
By: /s/ Stephen P. Reynolds
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Stephen P. Reynolds,
a Managing Member
