GV, Optum, Children’s Medical Center Corporation and Blue Cross Blue Shield of Massachusetts returned to take the behavioural health provider’s overall funding past $200m.

US-based paediatric behavioural health service provider Brightline raised $105 on Tuesday in a series C round featuring corporates Alphabet, Optum, Children’s Medical Center Corporation and Blue Cross Blue Shield of Massachusetts.

Private equity firm KKR led the round, which featured Oak HC/FT, Threshold Ventures and 7wireVentures, and which valued the company at $705m.

Internet and technology group Alphabet and Optum took part through GV and Optum Ventures while fellow healthcare providers Children’s Medical Center Corporation and health insurer Blue Cross…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.