HealthiestYou Raises $30M

Scottsdale, Arizona-based HealthiestYou, a provider of telehealth services for employer groups, has raised $30M in a growth equity investment. The funding came from Frontier Capital. Frontier Capital said that HealthiestYou serves more than 4,000 employer groups throughout the United States, offering up telehealth access to healthcare providers. Frontier Capital, which is based in North Carolina, said the investment is the first it has made in an Arizona company. In what might bode well for other local companies looking to call on Frontier Capital for funding, the fund called the state an "attractive cluster of growth-oriented technology companies" which it say sis "relatively underserved" by growth capital providers. More information »