Salt Lake City-based private equity firm Sorenson Capital has launched Sorenson Ventures, which will focus on early-stage software and security companies. Sorenson has hired Ken Elefant as managing director to lead investment efforts for Sorenson Ventures along with Rob Rueckert, managing director at Sorenson Capital. Previously, Elefant worked at Intel Capital where he was managing director of of the software and security group and vice president of Intel Corp.