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Benefitfocus Garners $130 Million In IPO

Thursday, September 19, 2013 5:33:00 AM PDT | VentureDeal

   Charleston, South Carolina  --  Software technology company Benefitfocus (NASDAQ: BNFT) has raised $130 million in gross proceeds in its initial public offering (IPO).

Benefitfocus has developed a single web-based platform for employers, insurance carriers and consumers to enroll, manage and exchange benefit information.

Proceeds purposes are on file with company statements at the SEC.

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