Panorama Capital has just closed a $240 million fund, its first fund as an independent brand.

Menlo Park, Calif.-based Panorama says it plans to invest in life sciences, the Internet, semiconductors and Internet infrastructure and services. The company has already made six new investments with the fund.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.