BetterWorks Gets $8M

Los Angeles-based BetterWorks, the employee benefits platform provider headed by Paige Craig, announced today that it has raised $8M in a Series A funding round. According to the firm, the round was led by Redpoint Ventures, and will go towards hiring, expansion, and continued development of its platform. The round brings the company's total raised to $10M. As part of the funding, Redpoint's Satish Dharmaraj joins the company's board of directors. BetterWorks develops an online platform which makes it easy for employers to create and manage employee perks programs. More information »