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Dicerna Pharma Secures Third Venture Capital Round

Friday, August 02, 2013 5:58:00 AM PDT | VentureDeal

Watertown, Massachusetts  --  Dicerna Pharmaceuticals has received commitments of $60 million for its Series C round of institutional venture capital financing.

Dicerna is developing therapeutics based on Dicer substrate technology, making use of the RNA interference mechanism.

RA Capital led the round, which included Brookside Capital, Deerfield Capital, Omega Funds, Domain Associates, Oxford Bioscience Partners, Skyline Ventures, Abingworth Management and SR One.

The company will use the proceeds from the financing to advance multiple drug programs.

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