Claremont Creek Ventures, a startup investment firm specializing in early-stage information technology and biotech startups, has closed its first fund of $130 million in committed capital. The fund will focus on the “un-tethered workforce”, which includes wireless, workforce mobility, and voice/video over IP; applications for healthcare, which includes medical instruments, bio-informatics and home care; and security software for the enterprise.

According to the company, it will look for investments in companies valued between $2 million and $7 million where it can invest from $100k to $3 million for an initial investment. These investments will be lower level series A, not seed funding, and with more extended due diligence than most early stage investments.