NU Online News Service, June 20, 12:33 p.m. – BenefitPoint Inc., San Francisco, a company that distributes employees benefits through the Web, says it has raised $11 million by selling preferred stock to a group of institutional investors led by HarbourVest Partners L.L.C., Boston.
BenefitPoint will use the cash to improve its distribution system and strengthen its marketing efforts, the company says.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.