Wednesday, October 5, 2011

BetterWorks Bumps Round Size

Santa Monica-based BetterWorks appears to have bumped the size of the funding round it announced in August, according to a regulatory filing from the firm Wednesday. According to the filing, BetterWorks is now looking to raise a total of $9.14M in the firm's Series A round, which had been announced in August. BetterWorks had said it had raised $8.0M in the round at that time, led by Redpoint Ventures. The new filing seems to indicate an additional $353K has so far been invested in the round, with a target round size of $9.1M. BetterWorks is a provider of technology driven, employee perks and benefits programs. More information »

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