Castlight Health Raises $60 Million to Support Commercial Rollout

SAN FRANCISCO, Jun 11, 2010 (BUSINESS WIRE) -- Castlight Health, the first company to empower consumers with information to effectively navigate the health care system, today announced that it has raised $60 million in Series C funding. The round included new investors Morgan Stanley Investment Management, The Wellcome Trust, U.S. Venture Partners, and Cleveland Clinic, as well as existing investors Maverick Capital, Oak Investment Partners and Venrock. The funding will be used to accelerate hiring and further product development in order to serve Castlight Health’s initial customers.

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