Tuesday, October 20, 2015

Collective Health Gathers $81M From Google, Others

San Mateo-based Collective Health, which develops enterprise health insurance software, said today that it has raised $81M in a Series C funding. The funding came from Google Ventures, plus prior investors NEA, Founders Fund, Maverick Capital, Redpoint Ventures and RRE Ventures. The company said it will use the funding to expand its employer health insurance product beyond California to the nationwide market. Ali Diab is CEO of Collective Health.