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Castlight Health hopes to raise up to $140M in IPO

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Castlight Health updated its IPO filing on Monday with plans to raise sell shares at between $9 and $11 per share and raise up to $140 million. The San Francisco company led by CEO Giovanni Colella plans to sell 11.1 million shares in the IPO and has another 1.65 million shares available to its underwriters. Castlight helps self-insured employers offer their workers online tools and mobile apps that they can use to find health insurance information. It says that it has signed up more than 95 customers… Reported by bizjournals 7 hours ago.

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