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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _______________)*
Applied Imaging Corp.
---------------------
(Name of Issuer)
Common Stock, $.001 par value
-----------------------------
(Title of Class of Securities)
03820G10
--------------
(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 the
disclosures provided in a prior cover page.
The information required in 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).
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 2 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | New Enterprise Associates V, Limited Partnership |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Delaware Limited Partnership |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | PN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 3 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | NEA Partners V, Limited Partnership |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Delaware Limited Partnership |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | PN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 4 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | The Silverado Fund I, Limited Partnership |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Delaware Limited Partnership |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | PN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 5 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | NEA Silverado Partners I, Limited Partnership |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Delaware Limited Partnership |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | PN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 6 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Frank A. Bonsal, Jr. |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | IN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 7 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Nancy L. Dorman |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 767,991 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 767,991 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 767,991 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.2% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | IN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 8 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | C. Richard Kramlich |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | IN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 9 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Arthur J. Marks |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | IN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 10 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Thomas C. McConnell |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 767,991 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 767,991 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 767,991 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.2% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | IN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 03820G10 | 13G | Page 11 of 22 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Charles W. Newhall III |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 0 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 779,756 shares |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 0 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 779,756 shares |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 779,756 shares |
|--------|- -------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|- -------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 11.3% |
|--------|- -------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | IN |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer: Applied Imaging Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
2380 Walsh Avenue, Building B, Santa Clara, CA 95051
Item 2(a). Names of Persons Filing: New Enterprise Associates V,
Limited Partnership ("NEA V") and The Silverado Fund I, Limited
Partnership ("Silverado") (collectively, the "Funds"); NEA
Partners V, Limited Partnership ("NEA Partners V"), which is the
sole general partner of NEA V, and NEA Silverado Partners I,
Limited Partnership ("Silverado Partners"), which is the sole
general partner of Silverado (collectively, the "GPLP's"); and
Frank A. Bonsal, Jr. ("Bonsal"), Nancy L. Dorman ("Dorman"), C.
Richard Kramlich ("Kramlich"), Arthur J. Marks ("Marks"), Thomas
C. McConnell ("McConnell") and Charles W. Newhall III ("Newhall")
(collectively, the "General Partners"). Bonsal, Dorman, Kramlich,
Marks, McConnell and Newhall are individual general partners of
NEA Partners V. Bonsal, Kramlich, Marks and Newhall are individual
general partners of Silverado Partners. The persons named in this
paragraph are referred to individually herein as a "Reporting
Person" and collectively as the "Reporting Persons."
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the principal business office of NEA V, NEA
Partners V, Silverado, Silverado Partners, Bonsal, Dorman, Marks
and Newhall is New Enterprise Associates, 1119 St. Paul Street,
Baltimore, Maryland 21202. The address of the principal business
office of McConnell and Kramlich is New Enterprise Associates,
2490 Sand Hill Road, Menlo Park, California 94025.
Item 2(c). Citizenship: Each of the Funds and the GPLP's is a limited
partnership organized under the laws of the State of Delaware.
Each of the General Partners is a United States citizen.
Item 2(d). Title of Class of Securities: Common Stock, $.001 par value
("Common Stock").
Item 2(e). CUSIP Number: 03820G10
Item 3. If this statement is filed pursuant to Rules 13d- 1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under
Section 15 of the Securities Exchange Act of
1934 (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) [ ] Investment Adviser registered under
Section 203 of the Investment Advisers Act
of 1940.
Page 12 of 22 Pages
<PAGE>
(f) [ ] Employee Benefit Plan, Pension Fund
which is subject to the provisions of the
Employee Retirement Income Security Act of
1974 or Endowment Fund; see Rule
13d-1(b)(1)(ii)(F) of the Act.
(g) [ ] Parent Holding Company, in accordance with
Rule 13d-1(b)(ii)(G) of the Act.
(h) [ ] Group, in accordance with Rule
13d-1(b)(1)(ii)(H) of the Act.
Not applicable. This Schedule 13G is not being filed
pursuant to Rule 13d-1(b) or Rule 13d-2(b).
Item 4. Ownership.
(a) Amount Beneficially Owned: NEA V is the record owner of
709,214 shares as of December 31, 1996 and holds a warrant
to purchase an additional 58,777 shares, which is
exercisable within 60 days after December 31, 1996, for a
total of 767,991 shares (the "NEA V Shares"). Silverado is
the record owner of 11,765 shares as of December 31, 1996
(the "Silverado Shares"). As the sole general partner of
NEA V, NEA Partners V may be deemed to own beneficially
the NEA V Shares. As the sole general partner of
Silverado, Silverado Partners may be deemed to own
beneficially the Silverado Shares. By virtue of their
relationship as affiliated limited partnerships, whose
general partners have overlapping individual general
partners, each Fund may be deemed to share the power to
direct the disposition and vote of the NEA V Shares and
the Silverado Shares, for an aggregate of 779,756 shares
(the "Record Shares"). As general partners of the Funds,
each GPLP may also be deemed to own beneficially the
Record Shares, and as general partners of the GPLP's,
which are general partners of the Funds, Bonsal, Kramlich,
Marks and Newhall may also be deemed to own beneficially
the Record Shares. As general partners of NEA Partners V,
Dorman and McConnell may be deemed to own beneficially the
NEA V Shares.
(b) Percent of Class: The Funds, the GPLP's, Bonsal, Kramlich,
Marks and Newhall: 11.3%. Dorman and McConnell: 11.2%. The
foregoing percentages are calculated based on the
6,823,460 shares of Common Stock reported to be
outstanding in the Quarterly Report on Form 10-Q of
Applied Imaging Corp. for the fiscal quarter ended
September 30, 1996, as adjusted pursuant to Rule
13d-13(d)(1).
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0 shares
for each Reporting Person.
(ii) shared power to vote or to direct the vote: 779,756
shares for each of the Funds, each of the GPLP's,
Bonsal, Kramlich, Marks and Newhall. 767,991 for
each of Dorman and McConnell.
(iii) sole power to dispose or to direct the disposition
of: 0 shares for each Reporting Person.
Page 13 of 22 Pages
<PAGE>
(iv) shared power to dispose or to direct the
disposition of: 779,756 shares for each of the
Funds, each of the GPLP's, Bonsal, Kramlich, Marks
and Newhall. 767,991 for each of Dorman and
McConnell.
Each Reporting Person disclaims beneficial ownership of such
shares of Common Stock except, in the case of NEA V for the
709,214 shares it holds of record and Silverado for the 11,765
shares it holds of record.
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. The Reporting Persons expressly disclaim membership
in a "group" as used in Rule 13d-1(b)(ii)(H).
Item 9. Notice of Dissolution of Group.
------------------------------
Not applicable.
Item 10. Certification.
-------------
Not applicable. This statement on Schedule 13G is not filed
pursuant to Rule 13d-1(b).
Page 14 of 22 Pages
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 10, 1997
NEW ENTERPRISE ASSOCIATES V, LIMITED PARTNERSHIP
By: NEA PARTNERS V, LIMITED PARTNERSHIP
By: *
-----------------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS V, LIMITED PARTNERSHIP
By: *
-------------------------------------
Charles W. Newhall III
General Partner
THE SILVERADO FUND I, LIMITED PARTNERSHIP
By: NEA SILVERADO PARTNERS I, LIMITED PARTNERSHIP
By: *
---------------------------------
Charles W. Newhall III
General Partner
NEA SILVERADO PARTNERS I, LIMITED PARTNERSHIP
By: *
-------------------------------------
Charles W. Newhall III
General Partner
Page 15 of 22 Pages
<PAGE>
*
- -----------------------------------
Frank A. Bonsal, Jr.
*
- -----------------------------------
C. Richard Kramlich
*
- -----------------------------------
Arthur J. Marks
*
- -----------------------------------
Thomas C. McConnell
*
- -----------------------------------
Charles W. Newhall III
*By: /s/ Nancy L. Dorman
------------------------------------
Nancy L. Dorman, in her individual
capacity and as Attorney-in-Fact
- --------------------------------------------------------------------------------
This Schedule 13G was executed by Nancy L. Dorman pursuant to Powers of Attorney
filed with the Securities and Exchange Commission on February 13, 1992 in
connection with a Schedule 13G for Advanced Interventional Systems Inc. and on
February 13, 1995 in connection with a Schedule 13G for Acuity Imaging, Inc.,
which Powers of Attorney are incorporated herein by reference and copies of
which are attached hereto as Exhibit 2.
Page 16 of 22 Pages
<PAGE>
Exhibit 1
---------
AGREEMENT
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13G need be filed with respect to the ownership by each of
the undersigned of shares of Common Stock of Applied Imaging Corp.
EXECUTED as a sealed instrument this 10th day of February, 1997.
NEW ENTERPRISE ASSOCIATES V, LIMITED PARTNERSHIP
By: NEA PARTNERS V, LIMITED PARTNERSHIP
By: *
-----------------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS V, LIMITED PARTNERSHIP
By: *
------------------------------------
Charles W. Newhall III
General Partner
THE SILVERADO FUND I, LIMITED PARTNERSHIP
By: NEA SILVERADO PARTNERS I, LIMITED PARTNERSHIP
By: *
--------------------------------
Charles W. Newhall III
General Partner
NEA SILVERADO PARTNERS I, LIMITED PARTNERSHIP
By: *
------------------------------------
Charles W. Newhall III
General Partner
Page 17 of 22 Pages
<PAGE>
*
- -----------------------------------
Frank A. Bonsal, Jr.
*
- -----------------------------------
C. Richard Kramlich
*
- -----------------------------------
Arthur J. Marks
*
- -----------------------------------
Thomas C. McConnell
*
- -----------------------------------
Charles W. Newhall III
*By: /s/ Nancy L. Dorman
------------------------------------
Nancy L. Dorman, in her individual
capacity and as Attorney-in-Fact
- --------------------------------------------------------------------------------
This Agreement was executed by Nancy L. Dorman pursuant to Powers of Attorney
filed with the Securities and Exchange Commission on February 13, 1992 in
connection with a Schedule 13G for Advanced Interventional Systems Inc. and on
February 13, 1995 in connection with a Schedule 13G for Acuity Imaging, Inc.,
which Powers of Attorney are incorporated herein by reference and copies of
which are attached hereto as Exhibit 2.
Page 18 of 22 Pages
<PAGE>
Exhibit 2
---------
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below hereby constitutes and appoints Nancy L. Dorman and Charles W.
Newhall III, and each of them, with full power to act without the other, his
true and lawful attorney-in-fact, with full power of substitution, to sign any
and all instruments, certificates and documents that may be necessary, desirable
or appropriate to be executed on behalf of himself as an individual or in his
capacity as a general partner of any partnership, pursuant to section 13 or 16
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any
and all regulations promulgated thereunder, and to file the same, with all
exhibits thereto, and any other documents in connection therewith, with the
Securities and Exchange Commission, and with any other entity when and if such
is mandated by the Exchange Act or by the By-laws of the National Association of
Securities Dealers, Inc., granting unto said attorney-in-fact full power and
authority to do and perform each and every act and thing necessary, desirable or
appropriate, fully to all intents and purposes as he might or could do in
person, thereby ratifying and confirming all that said attorney-in-fact, or his
substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the
23rd day of April, 1991.
/s/ Raymond L. Bank
---------------------------
Raymond L. Bank
/s/ Thomas R. Baruch
---------------------------
Thomas R. Baruch
/s/ Cornelius C. Bond, Jr.
---------------------------
Cornelius C. Bond, Jr.
/s/ Frank A. Bonsal, Jr.
---------------------------
Frank A. Bonsal, Jr.
/s/ James A. Cole
---------------------------
James A. Cole
Page 19 of 22 Pages
<PAGE>
/s/ Nancy L. Dorman
---------------------------
Nancy L. Dorman
/s/ Neal M. Douglas
---------------------------
Neal M. Douglas
/s/ John W. Glynn, Jr.
---------------------------
John W. Glynn, Jr.
/s/ Curran W. Harvey
---------------------------
Curran W. Harvey
/s/ Ronald Kase
---------------------------
Ronald Kase
/s/ C. Richard Kramlich
---------------------------
C. Richard Kramlich
/s/ Robert F. Kuhling
---------------------------
Robert F. Kuhling
/s/ Arthur J. Marks
---------------------------
Arthur J. Marks
/s/ Thomas C. McConnell
---------------------------
Thomas C. McConnell
/s/ Donald L. Murfin
---------------------------
Donald L. Murfin
/s/ H. Leland Murphy
---------------------------
H. Leland Murphy
Page 20 of 22 Pages
<PAGE>
/s/ John M. Nehra
---------------------------
John M. Nehra
/s/ Charles W. Newhall III
---------------------------
Charles W. Newhall III
/s/ Terry L. Opdendyk
---------------------------
Terry L. Opdendyk
/s/ Barbara J. Perrier
---------------------------
Barbara J. Perrier
/s/ C. Vincent Prothro
---------------------------
C. Vincent Prothro
/s/ C. Woodrow Rea, Jr.
---------------------------
C. Woodrow Rea, Jr.
/s/ Howard D. Wolfe, Jr.
---------------------------
Howard D. Wolfe, Jr.
/s/ Nora M. Zietz
---------------------------
Nora M. Zietz
Page 21 of 22 Pages
<PAGE>
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below hereby constitutes and appoints Nancy L. Dorman and Charles W.
Newhall III, and each of them, with full power to act without the other, his
true and lawful attorney-in-fact, with full power of substitution, to sign any
and all instruments, certificates and documents that may be necessary, desirable
or appropriate to be executed on behalf of himself as an individual or in his
capacity as a general partner of any partnership, pursuant to section 13 or 16
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any
and all regulations promulgated thereunder, and to file the same, with all
exhibits thereto, and any other documents in connection therewith, with the
Securities and Exchange Commission, and with any other entity when and if such
is mandated by the Exchange Act or by the By-laws of the National Association of
Securities Dealers, Inc., granting unto said attorney-in-fact full power and
authority to do and perform each and every act and thing necessary, desirable or
appropriate, fully to all intents and purposes as he might or could do in
person, thereby ratifying and confirming all that said attorney-in-fact, or his
substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the
1st day of January, 1994.
/s/ Peter J. Barris
---------------------------
Peter J. Barris
/s/ Debra E. King
---------------------------
Debra E. King
/s/ Peter T. Morris
---------------------------
Peter T. Morris
/s/ Hugh Y. Rienhoff, Jr.
---------------------------
Hugh Y. Rienhoff, Jr.
/s/ Alexander Slusky
---------------------------
Alexander Slusky
/s/ Louis B. Van Dyck
---------------------------
Louis B. Van Dyck
Page 22 of 22 Pages
