q1 2014

By Jonah Comstock 08:14 am May 8, 2014
Just a few months into its life as a publicly traded company, Castlight Health had a good first quarter since its $180 million offering. The company added 29 new customers this quarter, three times as many as any previous quarter, the company announced on its first ever earnings call since going public in March. "With the capital resources we received in the IPO, we believe that Castlight is very...
By Aditi Pai 10:02 am April 15, 2014
Consumer-focused health technology companies raised $398 million from 103 investment deals in the first quarter of 2014, according to a report from Mercom Capital Group. When Mercom Capital Group broke this category down further, it found the majority of the funding came from mobile health companies, which raised $198 million in 61 deals. The second highest total was from telehealth companies, $...