Betterworks Raises $1.5M

Santa Monica-based BetterWorks, a stealth mode startup headed by well known angel investor Paige Craig, has raised around $1.5M in a funding round. The funding actually occurred in late December, over the holidays. BetterWorks said that it is focused on allowing business owners to "create rewarding work environments quickly, easily and affordably". Craig has recruited the co-creater of Zynga's Farmville game, Sizhao Yang, as well as George Ishii, who was co-founder of and Yammer, as co-founders. The firm is a return to Craig's business-to-business roots. BetterWorks looks to be scaling up dramatically; the firm currently has eight open positions listed on its web site for everything from engineers to marketing director. More information »