If you want you keep your weight down, you eat right and exercise—the formula is pretty simple. If you want to understand what is going on in healthcare across science, medicine, payments, and policy—and use science to optimize your chance at a long, healthy life—it gets a bit trickier. You can get a leg up … Continue reading “Special Rate Ends Today For Our Nov. 17 Health Summit: Save $100”
Category: Boston
Boston Biotech Veteran Trehu Leaves Promedior For Jounce
Elizabeth Trehu has been named the new chief medical officer of Cambridge, MA-based Jounce Therapeutics. Trehu is a veteran of the Boston biotech scene. She was most recently the CMO of Promedior, and had executive roles at Infinity Pharmaceuticals (NASDAQ: [[ticker:INFI]]), Genzyme, and Millennium Pharmaceuticals before that. Bristol-Myers Squibb recently paid $150 million for an … Continue reading “Boston Biotech Veteran Trehu Leaves Promedior For Jounce”
Exosome Dx Switches CEOs, Taps Ex-GnuBio Exec For Top Seat
Cambridge, MA-based Exosome Diagnostics has named John Boyce its new CEO, taking over for Tom McLain. Boyce previously was the CEO of GnuBio, a DNA sequencing company that was sold to Bio-Rad for $110 million last year. Exosome, which is developing so-called liquid biopsies for prostate and lung cancer, is clearly thinking of a similar … Continue reading “Exosome Dx Switches CEOs, Taps Ex-GnuBio Exec For Top Seat”
Marketing Platform Zeta Interactive Snaps Up Piece of EBay Enterprise
Sometimes it takes more than one dance partner to get a big deal done. New York-based Zeta Interactive, a player in big data and analytics, has acquired the customer relationship management division of eBay Enterprise. This is part of a multiway transaction that saw the eBay company split up and sold largely to London’s Permira … Continue reading “Marketing Platform Zeta Interactive Snaps Up Piece of EBay Enterprise”
Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs
[Corrected 11/3/15, 1:18pm. See below.] As Xconomy reported Friday, the U.S. Securities and Exchange Commission has finally filled in the missing pieces in the equity crowdfunding puzzle, giving private startups clearer rules about selling equity to the investor masses through Internet portals. In her opening remarks before the SEC commissioners voted 3-1 to approve nationwide … Continue reading “Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs”
Parallel Paths of Constant Contact, Endurance Converge in $1.1B Union
Constant Contact and Endurance International Group Holdings have followed similar paths. Both got their start in the 1990s, offering Web services to small businesses. Both survived the dot-com crash, built up their companies, and went public. And now, their paths have collided in a $1.1 billion deal that combines two of Massachusetts’ major software companies … Continue reading “Parallel Paths of Constant Contact, Endurance Converge in $1.1B Union”
Still Eyeing Baxalta, Shire Pulls Trigger on $6.5B Dyax Buyout
With biotech stocks well off their highs, it was only a matter of time until someone pulled the trigger on a big buyout. That someone has turned out to be Shire, which just agreed to buy Dyax of Burlington, MA, in a deal worth as much as $6.5 billion. Shire (NYSE: [[ticker:SHPG]]), the rare disease … Continue reading “Still Eyeing Baxalta, Shire Pulls Trigger on $6.5B Dyax Buyout”
Bought By Utah Rival Tute, Former Genomics High Flyer Knome Bows Out
After eight years, more than $20 million raised, and a handful of different business plans, genomics firm Knome has been acquired by tiny Tute Genomics of Provo, UT, for what appears to be a substantial loss. The parties are not disclosing the purchase price, but it’s likely to be a fraction of what Knome investors … Continue reading “Bought By Utah Rival Tute, Former Genomics High Flyer Knome Bows Out”
The Network Is the VC: CommonAngels Is Now Converge Venture Partners
Silicon Valley legend John Gage is said to have coined the phrase, “The network is the computer.” He was talking about combining connected systems into one computing resource, and the line would become Sun Microsystems’ slogan. Fast forward 30 years and the idea still holds true—think cloud computing, the Internet, and social media. What’s more, … Continue reading “The Network Is the VC: CommonAngels Is Now Converge Venture Partners”
Confer Snags $17M as Endpoint Security Competition Stiffens
As software breaches multiply, cybersecurity companies are parrying with more comprehensive offerings—and a lot more money—to fight hackers. Boston-based Confer is trying to make a splash in the cybersecurity industry, and it got a boost today with $17 million in a Series B funding round led by Foundation Capital, with participation from earlier investors Matrix … Continue reading “Confer Snags $17M as Endpoint Security Competition Stiffens”
What’s Next for Storage?
The evolution of business technology is constant, but not uniform. Sometimes the changes are revolutionary, such as the word processor replacing the typewriter or the 1991 debut of the World Wide Web. Other changes are iterative, such as new versions of word processing software or Web browsers. After decades of only experiencing iterative changes, the … Continue reading “What’s Next for Storage?”
ClearSky Captures $27M as Enterprise Tech Investments Soar
Here’s the tech infrastructure landscape in one deal. It’s got everything: a hot startup, venture firms and a big company clamoring to invest, and a technical approach that combines data storage and networking. Boston-based ClearSky Data has raised $27 million in Series B funding, led by Polaris Partners. The round includes a strategic investment from … Continue reading “ClearSky Captures $27M as Enterprise Tech Investments Soar”
Handy Receives $50,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b5f514e-484f-43fb-ab1e-7231d9847920 Date 11/2/2015 Company Name Handy Technologies Mailing Address PO Box #1122, New York, NY 10159 Company Description Handy is quite simply the easiest way to get stuff done around the house. Within a couple of minutes, you can book a pre-approved cleaner or handyman for whatever time you like. All you … Continue reading “Handy Receives $50,000,000 New Financing”
Confer Lands $17,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53ac1c6a-042f-4497-a343-e388331682b6 Date 11/2/2015 Company Name Confer Mailing Address 344 Boylston Street Boston, MA 02116 USA Company Description Confer secures laptops, servers and mobile devices against advanced persistent threats (APTs). Website http://www.confer.net Transaction Type Venture Equity Transaction Amount $17,000,000 Transaction Round Series B Proceeds Purposes The investment allows Confer to continue its rapid … Continue reading “Confer Lands $17,000,000 Series B Funding”
ClearSky Data Lands $27,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93ba1c36-0044-4723-8143-f59321e1a901 Date 11/2/2015 Company Name ClearSky Data Mailing Address 99 High Street Boston, MA 02110 USA Company Description The company is developing as-yet unspecified data technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $27,000,000 Transaction Round Series B Proceeds Purposes ClearSky will use to grow its sales, marketing and operations organizations, … Continue reading “ClearSky Data Lands $27,000,000 Series B Funding”
At Long Last, SEC Provides Final Equity Crowdfunding Rules
[Corrected 11/2/15, 12:30 pm. See below.] Mom and Pop, you can now buy shares in the bakery down the street, or in your son’s girlfriend’s sister’s tech startup. That, in effect, was the message the U.S. Securities and Exchange Commission sent today, voting to give retail investors the right to buy shares in tiny private … Continue reading “At Long Last, SEC Provides Final Equity Crowdfunding Rules”
Greentown Labs Grows, Wants to Make Somerville a Global Cleantech Hub
In recent years, Boston’s neighbor to the northwest, Somerville, MA, has become increasingly known for its influx of young professionals, artists, and hipsters. If Greentown Labs has its way, the city will become synonymous with cleantech, too. Greentown, the Somerville incubator for cleantech startups and research and development teams from large companies, yesterday announced an … Continue reading “Greentown Labs Grows, Wants to Make Somerville a Global Cleantech Hub”
In Good Times, Tech Talent Flows From Big to Small Companies
Every so often, the need for talent in tech startups seems to reach a critical point. Competition for good developers and business people is always fierce, but now is prime time for a snapshot of where things stand—and one of the big trends is executives moving from established companies to younger upstarts. It’s not a … Continue reading “In Good Times, Tech Talent Flows From Big to Small Companies”
DraftKings CEO Endorses Boston Consumer Tech at MassChallenge Awards
The CEO of DraftKings, one of Boston’s fastest-growing and most controversial startups, used his speech at last night’s MassChallenge awards ceremony to endorse the Bay State’s capacity to build great consumer tech companies. It’s been a tumultuous few weeks for Jason Robins and his staff, who have faced legal and regulatory questions about their daily … Continue reading “DraftKings CEO Endorses Boston Consumer Tech at MassChallenge Awards”
Despite Sanofi’s Help, MyoKardia Prices IPO Below Expectations
One thing is becoming clear to companies in today’s biotech IPO market: Don’t expect the market value you would’ve gotten a year ago. San Francisco-based MyoKardia was the latest example. The company priced 5,437,500 shares at $10 apiece, for a roughly $50.5 million haul after discounts due to underwriters. Even with the help of partner … Continue reading “Despite Sanofi’s Help, MyoKardia Prices IPO Below Expectations”
MassChallenge Chooses Jerusalem For Next Startup Accelerator Outpost
MassChallenge’s international expansion continues with today’s announcement that the Boston-based startup accelerator will launch a new outpost in Jerusalem next year. The move establishes a stronger connection with Israel. MassChallenge has had a “feeder program” for three years that has so far brought 32 Israeli startups to Boston and London to participate in the nonprofit’s … Continue reading “MassChallenge Chooses Jerusalem For Next Startup Accelerator Outpost”
Paddle8 Raises $34M Series C Round for Digital Auctions for Art
For art lovers looking to bid on an Andy Warhol painting, as well as pieces from some lesser-known artists, the team at Paddle8 will soon scale up its digital auction, thanks to new funding. The New York-based marketplace for art and collectibles announced Wednesday it raised $34 million in a Series C round. The funding round’s backers—who come … Continue reading “Paddle8 Raises $34M Series C Round for Digital Auctions for Art”
Death in the Digital Age: Tech Startups Help Us Cope With Mortality
How do you want to be remembered? It’s a weighty question that we’ve all thought about at one time or another. Everybody hopes to have meaningful impact on the world while they’re here, whether that means touching the lives of millions or even just one person. That’s never going to change. But the ways in … Continue reading “Death in the Digital Age: Tech Startups Help Us Cope With Mortality”
QD Vision Receives $14,735,903 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f3d6f49-7a69-4d28-a248-3c719024198e Date 10/28/2015 Company Name QD Vision Mailing Address 29 Hartwell Ave. Lexington, MA 02421 USA Company Description Our leading edge solutions will give customers decisive performance and manufacturing advantages in the competitive market for flat panel displays. Because our solutions use standard OLED device structures, customers with installed manufacturing equipment can … Continue reading “QD Vision Receives $14,735,903 New Financing”
Litmus Lands $49,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d686896-925e-4465-8533-45c861f242ec Date 10/28/2015 Company Name Litmus Mailing Address 675 Massachusetts Avenue 11th Floor Cambridge, MA 02139 USA Company Description Build your email in our web-based editor and get instant previews in 40+ email clients as you go. Every change you make updates your previews in real time, so you can build, test, … Continue reading “Litmus Lands $49,000,000 New Financing”
Desktop Metal Garners $14,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46f913cc-4c21-4aa9-8812-8072b83fc6de Date 10/28/2015 Company Name Desktop Metal Mailing Address Undisclosed Cambridge, MA 02139 USA Company Description The company is developing a 3-D printer that can make metal parts. Website Undisclosed Transaction Type Venture Equity Transaction Amount $14,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed by the company. M&A Terms … Continue reading “Desktop Metal Garners $14,000,000 New Funding Round”
Cheetah Medical Secures $4,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3b99a68-c252-497f-a6cd-85c06bf23307 Date 10/28/2015 Company Name Cheetah Medical Mailing Address 1320 Centre St. Newton Center, MA 02459 USA Company Description By providing non-invasive, accurate, continuous and real-time information Cheetah’s products have been used in a broad range of clinical settings that include fluid and drug optimization for high-risk hospital patients, monitoring for kidney … Continue reading “Cheetah Medical Secures $4,000,000 New Round”
QD Vision Obtains $22,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f3d6f49-7a69-4d28-a248-3c719024198e Date 10/28/2015 Company Name QD Vision Mailing Address 29 Hartwell Ave. Lexington, MA 02421 USA Company Description Our leading edge solutions will give customers decisive performance and manufacturing advantages in the competitive market for flat panel displays. Because our solutions use standard OLED device structures, customers with installed manufacturing equipment can … Continue reading “QD Vision Obtains $22,000,000 New Financing”
Cengage Snaps Up ePortfolio Tool from SF Startup Pathbrite
In a continuing drive to assemble a comprehensive suite of online learning tools for schools, Boston-based edtech company Cengage Learning is adding San Francisco-based startup Pathbrite’s student portfolio feature to its repertoire of acquisitions. Pathbrite’s product, the Portfolio Learning Platform, allows students to store their completed course assignments, such as essays, artwork, and videos, in … Continue reading “Cengage Snaps Up ePortfolio Tool from SF Startup Pathbrite”
Stratasys, Big VCs Bet $14M on 3D Printing Startup Desktop Metal
Sometimes an idea and a track record are enough to score big bucks from venture capitalists. The latest example: Desktop Metal, a nearly two-month-old 3D printing startup in Cambridge, MA, just announced $14 million in its first funding round—despite not having a working prototype or even a website. The 11-person company includes MIT materials science … Continue reading “Stratasys, Big VCs Bet $14M on 3D Printing Startup Desktop Metal”
E-Mail Testing Company Litmus Nabs $49M in First VC Round
Mobile apps might represent the future for brands selling their wares, but e-mail remains a crucial tool for digital marketers. At least, that’s the bet that Spectrum Equity made with a $49 million investment in Litmus, a Cambridge, MA-based company that helps marketers create and test e-mail messages and then analyze their campaigns. The funding … Continue reading “E-Mail Testing Company Litmus Nabs $49M in First VC Round”
Taris 2.0: A Year After Buyout, VCs Bet $32M More on a Second Strike
It’s hard enough to successfully create and sell a biotech company, let alone strike gold twice or more on the same group of assets. But that’s the type of thing Taris Biomedical and its venture backers are shooting for, a year after selling one of the company’s programs to Irvine, CA-based Allergan (NYSE: [[ticker:AGN]]). In … Continue reading “Taris 2.0: A Year After Buyout, VCs Bet $32M More on a Second Strike”
ArtLifting Lands $1,100,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a98fa359-a699-4c9e-ba27-575e48a6ff3d Date 10/27/2015 Company Name ArtLifting Mailing Address 114 Western Ave. Cambridge, MA 02139 USA Company Description ArtLifting empowers homeless, disabled, and other disadvantaged individuals through the celebration and sale of their artwork. We sell our artists’ work in an online art gallery (ArtLifting.com) and direct to corporations, including offices, hotels, and … Continue reading “ArtLifting Lands $1,100,000 Seed Financing Round”
TARIS Biomedical Receives $32,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a384305-ba7a-46ff-99e5-f8262f42636e Date 10/27/2015 Company Name TARIS Biomedical Mailing Address 113 Hartwell Avenue Lexington, MA 02421 USA Company Description TARIS Biomedical Inc., a specialty pharmaceutical company with deep domain expertise in therapeutics and drug-delivery, is focused on local minimally-invasive drug-device convergence products. Website http://www.tarisbiomedical.com Transaction Type Venture Equity Transaction Amount $32,000,000 Transaction Round … Continue reading “TARIS Biomedical Receives $32,000,000 New Financing”
McGuire, Bosley, Watson, & More at Our Health Summit—Register Today
We have just over three weeks to go before our third annual Healthcare Summit here in Boston. And if you act quickly, you can take advantage of our Procrastinator’s Special and save $100 off regular registration…if you don’t put it off, that is. The agenda is live—and you can see for yourself the fantastic afternoon … Continue reading “McGuire, Bosley, Watson, & More at Our Health Summit—Register Today”
Chinese Investors Looking at Boston Startups in Robotics, Biotech
It’s not as prevalent as in Silicon Valley, but venture capitalists from China are increasingly looking to invest in New England companies. Several factors come into play locally: the presence of strong research universities, experienced technical talent, a vibrant community of startups, and often lower company valuations as compared to the West Coast. The recently … Continue reading “Chinese Investors Looking at Boston Startups in Robotics, Biotech”
Vertex, CRISPR Tx Team up on Gene Editing Drugs in $105M Pact
There’s still got a long way to go before we know if the landmark gene editing system known as CRISPR-Cas9 can really change how diseases are treated. But big biotech companies are now starting to dabble in it. The latest example: Vertex Pharmaceuticals has cut a deal with one of the field’s startups to try … Continue reading “Vertex, CRISPR Tx Team up on Gene Editing Drugs in $105M Pact”
Benu Networks Secures $4,430,979 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=372293a6-5205-45f2-9911-278a46175cf4 Date 10/26/2015 Company Name Benu Networks Mailing Address 300 Concord Road Billerica, MA 01821 USA Company Description Benu Networks is a Boston Area Startup Company focused on delivering next generation Networking and Wireless Communication products. Website http://www.benu.net Transaction Type Venture Equity Transaction Amount $4,430,979 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Benu Networks Secures $4,430,979 New Financing Round”
Perosphere Receives $2,123,255 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45b1efc1-294e-4aa2-a0fe-b9ae8093f2e9 Date 10/26/2015 Company Name Perosphere Mailing Address 20 Kenosia Avenue Danbury, CT 06810 USA Company Description Perosphere is a specialty pharmaceutical company with internationally recognized drug delivery expertise. Perosphere identifies market opportunities where application of drug delivery technology to a drug already on the market can create a new medical use … Continue reading “Perosphere Receives $2,123,255 Series B Round”
East Coast Biotech Roundup: Cancer Vaccines, Biogen, LabCentral & More
There was a loud cheer in New York this week—originating from Queens, to be exact—and it had nothing to do with biotech. The New York Mets, for many years Big Apple baseball’s second-class citizens, stormed through the Chicago Cubs in a four-game demolition and are now headed to the Fall Classic for the first time … Continue reading “East Coast Biotech Roundup: Cancer Vaccines, Biogen, LabCentral & More”
BetterLesson Lands $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5551949a-9e56-41c8-83f5-2b9594e7f26f Date 10/23/2015 Company Name BetterLesson Mailing Address 84 Sherman Street Cambridge, MA 02140 USA Company Description BetterLesson was founded by a group of teachers from Atlanta and Boston public schools to connect educators and help them create, organize, and share their curricula. We are focused on aggregating and scaling the most … Continue reading “BetterLesson Lands $6,000,000 New Round”
Outlearn Secures $2,000,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4afcae61-d9ea-427d-b544-3d8fd2d2f433 Date 10/23/2015 Company Name Outlearn Mailing Address 745 Atlantic Ave. 8th Floor Boston, MA 02111 USA Company Description Outlearn is a publishing platform for technical learning content. Technical domain experts and platform providers use Outlearn to create and publish modular learning content. Development teams use Outlearn to assemble and deliver custom … Continue reading “Outlearn Secures $2,000,000 Seed Funding Round”
2015 World Leadership Conference & Hall of Fame Awards Gala
From the event organizer: “World Leadership Conferences, conducted annually by the International Women’s Forum, draw women from more than 50 countries who are the world’s leading architects, advocates, catalysts, and pioneers of change – the women who are re-drawing the map for how we’ll live, work, produce, and maintain healthy communities in the coming years. … Continue reading “2015 World Leadership Conference & Hall of Fame Awards Gala”
Civic Tech Challenge 2015
Information and registration here. Hackathon, presentations, and reception. At the Civic Tech Challenge on November 7th, students will team up with developers, designers, marketers, data scientists and creative problem-solvers from Greater Boston’s top tech companies and technology education programs to take their action project to the next level. Hackathon tracks include Data Visualizations, Information Communication … Continue reading “Civic Tech Challenge 2015”
Boston Tech Roundup: Xamarin, Mobiquity, CIC, Outlearn, & More
This week, we’re tracking new funding for several Boston tech companies, an acquisition, and a new outpost for the Cambridge Innovation Center. Here are the details: —San Francisco-based Xamarin, which has an office in Boston, said it purchased Swedish software company RoboVM for an undisclosed price. Both companies offer a software platform for developing mobile … Continue reading “Boston Tech Roundup: Xamarin, Mobiquity, CIC, Outlearn, & More”
Enterprise Tech Strikes Back on Dec. 2 in Boston
Dell, Schmell. You may think you can come in here, drop $67 billion, and leave with our state’s biggest technology company, EMC. Well, OK, I guess you can. But see how much our innovation community cares, really. There are dozens of companies around town that are looking to become the next EMC—whether it’s in data … Continue reading “Enterprise Tech Strikes Back on Dec. 2 in Boston”
With New Startup, Caperna, Moderna Gets in on Cancer Vaccine Buzz
Moderna Therapeutics remains the Boston area’s most mysterious, yet well-capitalized private biotech, with more than $800 million to play with. And while it’s still unclear just what type of progress the messenger RNA specialist has made scientifically, it’s just put more of that cash to use today by christening its fourth drugmaking subsidiary. The new … Continue reading “With New Startup, Caperna, Moderna Gets in on Cancer Vaccine Buzz”
Ourglass Secures $1,600,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=37e96baf-f119-4309-858f-0bf4abef408a Date 10/22/2015 Company Name Ourglass Mailing Address 51 Melcher Street Boston, MA 02201 USA Company Description Build your inner circle and share the story of your day in high-definition. Snap pictures of events in your day, or upload from the camera roll.Your stories save, so you can travel back in time … Continue reading “Ourglass Secures $1,600,000 Seed Financing”
Clavis Insight Garners $20,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=519e2c53-b124-410f-8e12-b6bba56ae06e Date 10/22/2015 Company Name Clavis Insight Mailing Address 745 Atlantic Avenue 8th Floor Boston, MA 02111 USA Company Description Global consumer goods brands partner with Clavis Insight to optimize their online presence, protect brand equity and drive profitable eCommerce sales growth. Website http://www.clavisinsight.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction … Continue reading “Clavis Insight Garners $20,000,000 Series C Funding Round”
Gene Therapy Startup Dimension Cuts Price But Bags $72M in IPO
The sentiment for biotechs trying to go public these days continues to be lukewarm. Witness Dimension Therapeutics, which couldn’t hit its IPO pricing goal despite a cadre of big name investors and ties to one of gene therapy’s scientific pioneers. Cambridge, MA-based Dimension sold 5.5 million shares at $13 apiece on Wednesday and will make … Continue reading “Gene Therapy Startup Dimension Cuts Price But Bags $72M in IPO”