PLATINUM SOFTWARE CORP
SC 13G/A, 1999-02-16
PREPACKAGED SOFTWARE
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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. 3)*



                         Platinum Software Corporation
- --------------------------------------------------------------------------------
                              (Name of Issuer)

                          Common Stock, $.001 par value
- --------------------------------------------------------------------------------
                          (Title of Class of Securities)

                                  72764R105
                     ----------------------------------
                                (CUSIP Number)

                                 March 26, 1998
- --------------------------------------------------------------------------------
               (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)

   *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 1 of 10 pages


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ITEM 1(a).  NAME OF ISSUER: Platinum Software Corporation

ITEM 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
            195 Technology Drive, Irvine, California 94718-2402

ITEM 2(a).  NAMES OF PERSONS FILING: New Enterprise Associates VI, Limited 
            Partnership ("NEA VI"); NEA Partners VI, Limited Partnership ("NEA 
            Partners VI"), which is the sole general partner of NEA VI; and 
            Peter J. Barris ("Barris"), Nancy L. Dorman ("Dorman"), Ronald 
            Kase ("Kase"), C. Richard Kramlich ("Kramlich"), Arther J. Marks
            ("Marks"), Thomas C. McConnell ("McConnell"), John M. Nehra 
            ("Nehra") and Charles W. Newhall III ("Newhall") (the "General 
            Partners"). The General Partners are individual general partners of
            NEA Partners VI. 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 VI, NEA Partners 
            VI, Barris, Dorman, Marks, and Newhall is New Enterprise 
            Associates, 1119 St. Paul Street, Baltimore, Maryland 21202. The 
            address of the principal business office of Kase, Kramlich and 
            McConnell is New Enterprise Associates, 2490 Sand Hill Road, Menlo
            Park, California 94025.

ITEM 4.     OWNERSHIP.

            Not Applicable.

ITEM 5.     OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

            Each Reporting Person has ceased to own beneficially more than 5% 
            of the outstanding Common Stock Platinum Software Corporation.

ALL OTHER ITEMS REPORTED ON THE SCHEDULE 13G DATED AS OF FEBRUARY 10, 1998 
AND FILED ON BEHALF OF THE REPORTING PERSONS WITH RESPECT TO THE COMMON STOCK 
OF PLATINUM SOFTWARE CORPORATION REMAIN UNCHANGED.


                               Page 2 of 10 pages

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                                  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, 1999


NEW ENTERPRISE ASSOCIATES VI, LIMITED PARTNERSHIP

By:   NEA PARTNERS VI, LIMITED PARTNERSHIP

      By:               *
          ------------------------------------------
          Charles W. Newhall III
          General Partner

NEA PARTNERS VI, LIMITED PARTNERSHIP

      By:               *
          ------------------------------------------
          Charles W. Newhall III
          General Partner


                *
- -------------------------------------
Peter J. Barris


                *
- -------------------------------------
Ronald Kase


                *
- -------------------------------------
John M. Nehra


                *
- -------------------------------------
C. Richard Kramlich


                *
- -------------------------------------
Arthur J. Marks





                              Page 3 of 10 pages

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                *
- -------------------------------------
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 4 of 10 pages

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                                                                     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 Platinum 
Software Corporation.

    EXECUTED as a sealed instrument this 10th day of February, 1999


NEW ENTERPRISE ASSOCIATES VI, LIMITED PARTNERSHIP

By:   NEA PARTNERS VI, LIMITED PARTNERSHIP

      By:               *
          -----------------------------------
          Charles W. Newhall III
          General Partner


NEA PARTNERS VI, LIMITED PARTNERSHIP

By:               *
    ----------------------------------
    Charles W. Newhall III
    General Partner


                *
- ------------------------------------
Peter J. Barris


                *
- ------------------------------------
Ronald Kase


                *
- ------------------------------------
John M. Nehra


                *
- ------------------------------------
C. Richard Kramlich


                *
- ------------------------------------
Arthur J. Marks




                              Page 5 of 10 pages


<PAGE>


                *
- ------------------------------------
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 6 of 10 pages


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                                                                 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 7 of 10 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 8 of 10 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 9 of 10 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 10 of 10 pages









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