<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. 2)*
Physiometrix, Inc.
_________________________
(Name of Issuer)
Common Stock
_________________________
(Title of Class of Securities)
718928 10 4
_________________________
(CUSIP Number)
February 14, 1999
_________________________
(Date of Event Which Requires Filing of this Statement)
______________________________________
Check the appropiate 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).
<PAGE>
CUSIP No. 718928 10 4 Page 2 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Technology Funding Venture Partners IV, An Aggressive Growth Fund, L.P.
S.S. OR I.R.S. IDENTIFICATION OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OF PLACE OR ORGANIZATION
Delaware
________________________________________________________________________________
5 SOLE VOTING POWER 0
NUMBER OF ________________________________________________________
SHARES 6 SHARED VOTING POWER 270,791
BENEFICIALLY ___________________________________________________________
OWNED BY 7 SOLE DISPOSITIVE POWER 0
EACH ___________________________________________________________
REPORTING 8 SHARED DISPOSITIVE POWER 270,791
PERSON WITH
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
270,791
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.76%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON
PN
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 3 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Technology Funding Venture Partners V, An Aggressive Growth Fund, L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MENBER OF A GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
5 SOLE VOTING POWER 0
NUMBER OF
SHARES ____________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER 287,021
OWNED BY _____________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING _____________________________________________________________
PERSON WITH 8 SHARED DISPOSTITVE POWER 287,021
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
287,021
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.05%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON
PN
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 4 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Technology Funding Inc.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
________________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER 557,812
OWNED BY ___________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING ___________________________________________________________
PERSON WITH 8 SHARED DISPOSTIVE POWER 557,812
________________________________________________________________________________
9 AGGREGATE AMOUNT OF BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,812
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.81%
_______________________________________________________________________________
12 TYPE OF REPORTING PERSON
IA,CO
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 5 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Technology Funding Ltd.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
________________________________________________________________________________
5 SOLE VOTING POWER 0
NUMBER OF ____________________________________________________________
SHARES 6 SHARED VOTING POWER 557,812
BENEFICIALLY ____________________________________________________________
OWNED BY 7 SOLE DISPOSITIVE POWER 0
EACH ____________________________________________________________
REPORTING 8 SHARED DISPOSITIVE POWER 557,812
PERSON WITH
______________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,812
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.81%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON
IA,PN
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 6 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Charles R. Kokesh
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
________________________________________________________________________________
5 SOLE VOTING POWER 0
NUMBER OF ____________________________________________________________
SHARES 6 SHARED VOTING POWER 557,812
BENEFICIALLY ____________________________________________________________
OWNED BY 7 SOLE DISPOSITIVE POWER 0
EACH ____________________________________________________________
REPORTING 8 SHARED DISPOSITIVE POWER 557,812
PERSON WITH
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,812
________________________________________________________________________________
10 CHECK BOX IF THE AGGRAGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.81%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON
HC,IN
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 7 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Gregory T. George
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
________________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER 557,812
OWNED BY ___________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING ________________________________________________________
PERSON WITH 8 SHARED DISPOSITIVE POWER 557,812
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,812
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.81%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON
HC,IN
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 8 of 10
________________________________________________________________________________
1 NAME OF REPORTING PERSON
Thomas J. Toy
S.S. or I.R.S IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
________________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 0
SHARES ____________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER 557,812
OWNED BY ____________________________________________________________
EACH 7 SOLE DEPOSITIVE POWER 0
REPORTING ____________________________________________________________
PERSON WITH 8 SHARED DEPOSITIVE POWER 557,812
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,812
________________________________________________________________________________
10 CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY THE AMOUNT IN ROW (9)
9.81%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON
HC,IN
________________________________________________________________________________
<PAGE>
CUSIP No. 718928 10 4 Page 9 of 10
______________________________________________________________________________
1 NAME OF REPORTING PERSON
Peter F. Bernardoni
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [_]
(B) [x]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
______________________________________________________________________________
5 NUMBER OF 5 SOLE VOTING POWER 0
SHARES __________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER 557,812
OWNED BY __________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING __________________________________________________________
PERSON WITH 8 SHARED DISPOSITIVE POWER 557,812
______________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH PERSON
557,812
______________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
_______________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.81%
_______________________________________________________________________________
12 TYPE OF REPORTING PERSON
HC,IN
______________________________________________________________________________
<PAGE>
Page 10 of 10
Item 1.
(a) Name of Issuer: Physiometrix, Inc.
--------------
(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
Five Billerica Park, 101 Billerica Avenue North Billerica,
Massachusetts 01862
Item 2.
(a) Name of Person(s) Filing:
------------------------
Technology Funding Venture Partners IV,
An Aggressive Growth Fund, L.P.
Technology Funding Venture Partners V,
An Aggressive Growth Fund,L.P.
Technology Funding Inc.
Technology Funding Ltd.
Charles R. Kokesh
Gregory T. George
Thomas J. Toy
Peter F. Bernardoni
(b) Address of Principal Business Office:
------------------------------------
2000 Alameda de las Pulgas, San Mateo, CA 94403
(c) Citizenship:
-----------
United States
(d) Title of Class of Securities:
----------------------------
Common Stock
(e) CUSIP Number:
------------
718928 10 4
Item 3. Not Applicable
Item 4. Ownership
---------
(a) Amount Beneficially Owned: 557,812
(b) Percent of Class: 9.81%
(c) Number of shares as to which such person(s) has:
Incorporated by reference in pages 2 through 9 herein.
Technology Funding Inc. and Technology Funding Ltd. are the
General Partners of the Limited Partnership(s) referenced herein.
The individual reporting persons are general partners of Technology
Funding Ltd. and/or officers of Technology Funding Inc.
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
Item 9. Notice of Dissolution of a 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 tht purpose or effect.
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.
Dated: February 14, 1999 TECHNOLOGY FUNDING VENTURE PARTERS IV,
An Aggressive Growth Fund, L.P.
By: TECHNOLOGY FUNDING INC.,
Managing General Partner
By: /s/ Charles R. Kokesh
------------------------
Charles R. Kokesh
Chief Executive Officer
Dated: February 14, 1999 TECHNOLOGY FUNDING VENTURE PARTNERS V,
An Aggressive Growth Fund, L.P.
By: TECHNOLOGY FUNDING INC.,
Managing General Partner
By: /s/ Charles R. Kokesh
------------------------
Charles R. Kokesh
Chief Executive Officer
Dated: February 14, 1999 TECHNOLOGY FUNDING INC.,
a California Corporation
By: /s/ Charles R. Kokesh
-----------------------
Charles R. Kokesh
Chief Executive Officer
Dated: February 14, 1999 TECHNOLOGY FUNDING LTD.
a California Limited Patnership
By: /s/ Charles R. Kokesh
-----------------------
Charles R. Kokesh
Managing General Partner
Dated: February 14, 1999 /s/ Charles R. Kokesh
-----------------------
Charles R. Kokesh
Dated: February 14, 1999 /s/ Gregory T. George
-----------------------
Gregory T. George
Dated: February 14, 1999 /s/ Thomas J. Toy
----------------------
Thomas J. Toy
Dated: February 14, 1999 /s/ Peter F. Bernardoni
-----------------------
Peter F. Bernardoni
