-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nu37Wnb5ZYT/vOkF8t4O/wTi6ky0ypKylHD/fSiJBNNQb0Ax/8cOCLwT4xUQV8rc
 BepYFisdHgzvp3xSGxe3MA==

<SEC-DOCUMENT>0001451206-09-000005.txt : 20091120
<SEC-HEADER>0001451206-09-000005.hdr.sgml : 20091120
<ACCEPTANCE-DATETIME>20091120114738
ACCESSION NUMBER:		0001451206-09-000005
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20091120
DATE AS OF CHANGE:		20091120
EFFECTIVENESS DATE:		20091120

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRITON FUND III L.P.
		CENTRAL INDEX KEY:			0001451206
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-124799
		FILM NUMBER:		091197736

	BUSINESS ADDRESS:	
		STREET 1:		C/O TRITON FUND III GENERAL PARTNER L.P.
		STREET 2:		22 GREENVILLE STREET
		CITY:			St helier, jersey
		STATE:			X0
		ZIP:			je4 8px
		BUSINESS PHONE:		44(0)1534-609-000

	MAIL ADDRESS:	
		STREET 1:		C/O TRITON FUND III GENERAL PARTNER L.P.
		STREET 2:		22 GREENVILLE STREET
		CITY:			St helier, jersey
		STATE:			X0
		ZIP:			je4 8px

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	triton fund III, LP
		DATE OF NAME CHANGE:	20081203
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001451206</cik>
        <entityName>TRITON FUND III L.P.</entityName>
        <issuerAddress>
            <street1>22 GRENVILLE STREET</street1>
            <city>ST. HELIER, JERSEY</city>
            <stateOrCountry>X0</stateOrCountry>
            <zipCode>JE4 8PX</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>+44(0)1534-609-000</issuerPhoneNumber>
        <jurisdictionOfInc>UNITED KINGDOM</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>triton fund III, LP</previousName>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>PEDER</firstName>
                <lastName>PRAHL</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>C/O TRITON FUND III GENERAL PARTNER L.P.</street1>
                <street2>22 GRENVILLE STREET</street2>
                <city>ST. HELIER, JERSEY</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>JE4 8PX</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>CARL</firstName>
                <lastName>HANSEN</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>C/O TRITON FUND III GENERAL PARTNER L.P.</street1>
                <street2>22 GRENVILLE STREET</street2>
                <city>ST HELIER, JERSEY</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>JE4 8PX</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>ALYSON</firstName>
                <lastName>YULE</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>C/O TRITON FUND III GENERAL PARTNER L.P.</street1>
                <street2>22 GRENVILLE STREET</street2>
                <city>ST. HELIER, JERSEY</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>JE4 8PX</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>JULIA</firstName>
                <lastName>CHAPMAN</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>C/O TRITON FUND III GENERAL PARTNER L.P.</street1>
                <street2>22 GRENVILLE STREET</street2>
                <city>ST. HELIER, JERSEY</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>JE4 8PX</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Private Equity Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-08-047105</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2008-11-06</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>LAZARD FRERES &amp; CO. LLC</recipientName>
                <recipientCRDNumber>2528</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>30 ROCKEFELLER PLAZA</street1>
                    <city>NEW YORK</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10020</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>MD</state>
                    <state>TN</state>
                    <state>TX</state>
                    <state>VA</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2975487000</totalOfferingAmount>
            <totalAmountSold>472843695</totalAmountSold>
            <totalRemaining>2502643305</totalRemaining>
            <clarificationOfResponse>AMOUNT CONVERTED FROM EUROS AS OF 11/06/2008.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>5</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>1780117</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>AMOUNT CONVERTED FROM EUROS AS OF 11/06/2008.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>TRITON FUND III L.P.</issuerName>
                <signatureName>LARS FRANKFELT</signatureName>
                <nameOfSigner>LARS FRANKFELT</nameOfSigner>
                <signatureTitle>ALTERNATE DIRECTOR</signatureTitle>
                <signatureDate>2009-11-20</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----