X

Optate grabs $6.5 million

Optate said Monday that it has raised $6.5 million in a second round of funding, led by Opportunity Capital Partners. Other investors included Ascend Ventures Group and previous investor Internet HealthCare Group. Ann Arbor, Mich.-based Optate provides online employee-benefits management to large and medium-sized companies. The company has raised a total of $13 million.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Optate said Monday that it has raised $6.5 million in a second round of funding, led by Opportunity Capital Partners. Other investors included Ascend Ventures Group and previous investor Internet HealthCare Group. Ann Arbor, Mich.-based Optate provides online employee-benefits management to large and medium-sized companies. The company has raised a total of $13 million.