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Castlight Collects $100 Million Fourth VC Funding

Wednesday, May 02, 2012 5:37:00 AM PDT | VentureDeal Staff

   San Francisco, California  --  Health information technology company Castlight Health has closed its fourth institutional round of venture capital investment at $100 million.

Castlight has developed a healthcare shopping platform that it says enables employers to make cost and quality data for medical services available to employees.

Investors in the round included T. Rowe Price, the Redmile Group and existing investors.

The company said it would use the financing to "aggressively capitalize on growing customer demand for healthcare transparency solutions."

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