Frazier tech fund dissolves

Frazier Technology Ventures, a venture capital firm launched 10 years ago, will close down after nearly 10 years in business. The firm was unable to raise a new fund and will cease making new investments in startup companies, although it will continue to manage existing investments. Len Jordan, one of the firm's general partners and a former senior vice president at RealNetworks, will become a venture partner at Madrona Venture Group.