Sorenson Capital, a Salt Lake City, Utah-based private equity firm that makes middle-market buyout and growth equity investments, has formed Sorenson Ventures, a new investment group focused on early-stage enterprise software and security investments.
With the establishment of Sorenson Ventures, Ken Elefant has joined the company as managing director, where he will be spearheading investment efforts for Sorenson Ventures along with Rob Rueckert, Sorenson Capital managing director.
Elefant joined Sorenson Ventures from Intel Capital, where he previously served as managing director of the software and security group and vice president of Intel Corp. He has led investments in numerous tech companies, including Carbon Black, Forescout and Prolexic, which was acquired by Akamai.
Prior to joining Intel Capital, he was a founding general partner at Opus Capital.