Castlight Health Receives $60,000,000 Series C Financing

  • Feed Type
  • Date
    6/11/2010
  • Company Name
    Castlight Health
  • Mailing Address
    685 Market St. San Francisco, CA 94105
  • Company Description
    Castlight Health (formerly Ventana Health Services) was founded in 2008 to empower consumers with the knowledge to make informed health care shopping decisions. The rising cost of health care has put an increased burden on the consumer, while visibility into health care pricing and quality has remained elusive. Castlight Health offers companies a hosted software tool that provides employees with personalized views of their medical benefits and the costs associated with medical procedures.
  • Website
    http://www.castlighthealth.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $60,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The funding will be used to accelerate hiring and further product development in order to serve Castlight Health’s initial customers.
  • M&A Terms
  • Venture Investor
    Maverick Capital
  • Venture Investor
    The Wellcome Trust
  • Venture Investor
    Morgan Stanley Venture Partners
  • Venture Investor
    U.S. Venture Partners
  • Venture Investor
    The Cleveland Clinic
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    Venrock

By posting a comment, you agree to our terms and conditions.

  • http://www.pricedoc.com william j. chadwick

    http://www.pricedoc.com already provides pricing transparency for healthcare procedures, and the consumer can bid/negotiate for lower prices. The website also has a Deal of the Week feature.