Benefitfocus (BNFT) Reports $80M Investment by BuildGroup LLC

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Benefitfocus Announces $80 Million Investment by BuildGroup LLC

May 26, 2020 7:30 AM EDT

CHARLESTON, S.C., May 26, 2020 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), the technology platform driving rapid innovation for employers, health plans and consumers, today announced an $80 million investment from BuildGroup LLC, subject to customary closing conditions. 

Ray August, President and CEO of Benefitfocus, commented, This investment provides us added financial flexibility to further our mission of improving lives... More