Brightline Bags $105M in Series C

Youth telebehavioral health company Brightline raised $105 million in a Series C funding round led by global investment firm KKR.

The Palo Alto, California-based company now has raised over $200 million and is valued at $705 million, Bloomberg reports.

Existing investors GV (formerly Google Ventures), Optum Ventures, Oak HC/FT, Threshold Ventures, 7wireVentures, Children’s Medical Center (the parent of Boston Children’s Hospital) and Blue Cross Blue Shield of Massachusetts all paerticipagted in the round. Read more.

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