ReadWriteEnterprise

BetterWorks, a young Los Angeles-based employee rewards company, is announcing a $8 million Series A round of financing from Redpoint Ventures. BetterWorks' total funding, after an early round of financing from angel investors, now stands at $10 million. Paige Craig, CEO and co-founder of BetterWorks, says the company plans to use the financing to scale out to into the top 20 U.S. markets, and add social features to the platform by the end of August.