Investor
Limelight’s cloud-based software looks to streamline quoting and underwriting for carriers handling employee benefit plans.
The new money will be put towards growing the company's AI-assisted decision support capabilities and growing its team.
The additional strategic funding will help the telehealth company strengthen its push into European and Asian markets.
The startup will also look to increase its commercialization efforts through new hires and healthcare stakeholder partnerships.
The funding, an undisclosed sum, will be used for growing the company's telepsychiatry network and developing HIPAA-compliant telehealth platforms.
ClassPass will shut down GuavaPass' service in markets where the two companies were competing, and maintain the latter company's other operations under the ClassPass name "until further notice."
The latest funding round was led by Morningstar CEO Joe Mansueto and bswift CEO Rich Gallun.
The company said it would be using the money to fuel its push into North American markets.
From on-stage demos to expo floor chit chat, attendees couldn't resist discussing what data collection and analysis could bring to consumer healthcare technology.
"This last year has been a year of rebuilding, creating infrastructure, [and] ensuring that we have all of the guardrails," Outcome Health's Nandini Ramani said at CES 2019.