LOS ANGELES--(BUSINESS WIRE)--Lone View Capital (“Lone View” or the “Firm”), a growth-oriented private equity firm investing across the technology ecosystem, today announced the close of its inaugural fund, Lone View Capital Fund I (“Fund I”). Fund I closed with total committed capital of $850 million, bringing Lone View’s assets under management to approximately $1.1 billion. Fund I is backed by a diverse group of experienced investors, including university endowments, sovereign wealth funds, charitable foundations, pension funds, asset managers, insurance companies and family offices. Lone View’s integrated team of seasoned investors and operators leverage their deep domain expertise to partner with exceptional management teams to build, transform and grow market-leading software, information services and technology-enabled businesses. The Firm was co-founded by Rishi Chandna and Doug Ceto, who worked closely together at Golden Gate Capital, where they led the Software Services vertical. They were also joined by Jim Schaper, an experienced multi-time CEO and former Operating Executive at Golden Gate Capital

Money Moves is a column where we chart the raises, mergers and other funding news of tech companies across the region on the third Wednesday of the month. Have a tip? Email us at [email protected]. Full disclosure: This article mentions investments by TEDCO, a Technical.ly Ecosystem Builder client. That relationship is unrelated to this report.Big biotech raises and grantsGlycoMantra, a University of Maryland, Baltimore startup, received a $3.7 million SBIR Phase II grant from the National Institute of Diabetes and Digestive and Kidney Diseases. The funding aims to advance the development of therapeutics for metastatic castration-resistant prostate cancer, liver fibrosis and type 2 diabetes. Irazu Oncology, a biotech company using a platform developed by University of Maryland, Baltimore researchers for cancer vaccine development, has reportedly secured $2.6 million in debt from an undisclosed source, as reported by citybiz+