Independence Health Backs Relay Network

Independence Health Backs Relay Network

Relay Network, a Philadelphia-based secure-messaging company, received an additional $12 million in investor funding, bringing its total funding up to $28 million.

This figure includes a new “strategic” investment by Independence Health Group, the parent company of Independence Blue Cross, one of 12 Blues plans that are clients of Relay Network. Other customers include Citizens Bank and Direct Energy.

Relay Network said it expects to double its revenue in 2016 — just as it did in 2015 — though it did not disclose figures.

 

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