<ARTICLE>                                                                      6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION  EXTRACTED FROM ML VENTURE
PARTNERS II, L.P.'S QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED SEPTEMBER
30,  2000 AND IS  QUALIFIED  IN ITS  ENTIRETY  BY  REFERENCE  TO SUCH  FINANCIAL
STATEMENTS.


                                                                          
<PERIOD-TYPE>                                                              9-MOS
<FISCAL-YEAR-END>                                                    DEC-31-2000
<PERIOD-START>                                                        JAN-1-2000
<PERIOD-END>                                                         SEP-30-2000
<INVESTMENTS-AT-COST>                                                 10,778,736
<INVESTMENTS-AT-VALUE>                                                10,854,980
<RECEIVABLES>                                                                  0
<ASSETS-OTHER>                                                                 0
<OTHER-ITEMS-ASSETS>                                                     489,135
<TOTAL-ASSETS>                                                        11,344,115
<PAYABLE-FOR-SECURITIES>                                                       0
<SENIOR-LONG-TERM-DEBT>                                                        0
<OTHER-ITEMS-LIABILITIES>                                             10,478,416
<TOTAL-LIABILITIES>                                                   10,478,416
<SENIOR-EQUITY>                                                                0
<PAID-IN-CAPITAL-COMMON>                                                       0
<SHARES-COMMON-STOCK>                                                    120,000
<SHARES-COMMON-PRIOR>                                                    120,000
<ACCUMULATED-NII-CURRENT>                                                      0
<OVERDISTRIBUTION-NII>                                                         0
<ACCUMULATED-NET-GAINS>                                                        0
<OVERDISTRIBUTION-GAINS>                                                       0
<ACCUM-APPREC-OR-DEPREC>                                                  76,244
<NET-ASSETS>                                                             865,699
<DIVIDEND-INCOME>                                                              0
<INTEREST-INCOME>                                                        163,902
<OTHER-INCOME>                                                               234
<EXPENSES-NET>                                                           323,010
<NET-INVESTMENT-INCOME>                                                (158,874)
<REALIZED-GAINS-CURRENT>                                               7,683,195
<APPREC-INCREASE-CURRENT>                                            (2,374,099)
<NET-CHANGE-FROM-OPS>                                                  5,150,222
<EQUALIZATION>                                                                 0
<DISTRIBUTIONS-OF-INCOME>                                                      0
<DISTRIBUTIONS-OF-GAINS>                                                       0
<DISTRIBUTIONS-OTHER>                                               (10,267,496)
<NUMBER-OF-SHARES-SOLD>                                                        0
<NUMBER-OF-SHARES-REDEEMED>                                                    0
<SHARES-REINVESTED>                                                            0
<NET-CHANGE-IN-ASSETS>                                               (5,117,274)
<ACCUMULATED-NII-PRIOR>                                                        0
<ACCUMULATED-GAINS-PRIOR>                                                      0
<OVERDISTRIB-NII-PRIOR>                                                        0
<OVERDIST-NET-GAINS-PRIOR>                                                     0
<GROSS-ADVISORY-FEES>                                                          0
<INTEREST-EXPENSE>                                                             0
<GROSS-EXPENSE>                                                                0
<AVERAGE-NET-ASSETS>                                                   3,424,336
<PER-SHARE-NAV-BEGIN>                                                         43
<PER-SHARE-NII>                                                              (1)
<PER-SHARE-GAIN-APPREC>                                                       35
<PER-SHARE-DIVIDEND>                                                           0
<PER-SHARE-DISTRIBUTIONS>                                                   (71)
<RETURNS-OF-CAPITAL>                                                           0
<PER-SHARE-NAV-END>                                                            6
<EXPENSE-RATIO>                                                                0