Sorenson Ventures has announced it has raised $150 million for its second fund: Sorenson Ventures II.

Sorenson Ventures is a partner firm of Sorenson Capital, a Lehi, Utah-based growth equity firm with $1.5 billion in Assets Under Management (AUM).

With this new capital raise, the Lehi- and Palo Alto, California-based Sorenson Ventures was formed in 2017 and now has over $250 million in AUM.

Sorenson Ventures focuses on in investing in Seed and Series A rounds of funding for enterprise software and security companies targeting Global 2000 organizations.

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