Frazier Technology Ventures invests in entrepreneurs interested in building category-defining software companies in the Internet, wireless, communications, and next-generation-enterprise sectors. FTV maintains a primary investment focus in the Pacific Northwest, but will invest in the greater Pacific Northwest and California when a company matches the firm's investment strategy and the partnership's prior experience. Frazier makes investments in the early stages of company development, such as the Series A and Series B stages. FTV has $150 million in capital under management and, together with an operating relationship with Frazier Healthcare Ventures (see above), the two fund groups comprise the Pacific Northwest's largest venture franchise.