BetterWorks Gets Financial Boost from Extended Series B Funding Round

BetterWorks Systems Inc. has achieved profound success since its launch in 2013. The human resources management software company is best known for producing software to support a  Continuous Performance Management process. Recently, the company announced that it  had successfully obtained $27 million in additional investment capital from an extended Series B funding round. This capital was provided by several seed investors and existing investors including Kleiner Perkins and Emergence Capital. Altogether, the software company’s total funding exceeds $65 million.

The additional investment funds will be used to maintain the current rate of innovations and product developments to meet its customers’ diverse and changing needs. BetterWorks invested heavily in product innovation for its popular cloud-based application within the last year, and the investment was worthwhile. For the last two years, the company has experienced a 100 percent growth rate in key activities accessibility. This includes performance conversations, feedback, and goal creation. These innovations fed into improved performance, talent retention, and agility by customers.

BetterWorks Systems Inc. is headquartered in Redwood City and maintains a secondary office in New York City. The company’s solution includes additional features that also provide exceptional benefits to its customers. These include analytics that provide instantaneous visibility into a company’s performance management process and Goal Science, which enables organizations to easily set, manage and monitor progress towards and ensure alignment around goals. The primary competitors of BetterWorks are companies that produce performance management programs to assist users with HR annual reviews. The BetterWorks program stands out from the competition because of its improved dashboard design, the ability of employees to publicly recognize each other’s achievements  with nudges or cheers within the platform, transparent and visible progression toward goals, and more. The company’s management anticipates continual enhancement of the application to maintain the product’s competitive edge and superiority in the marketplace.

Fortress Investment Group: The Creator Of Investments

Fortress Investment Group: The Creator of Investments

Fortress investment group was established, in 1998, by Chief Executive Officer Randy Nordone and co-chair Wes Edens. It was the first individual entity firm to be publicly traded in the United States’ New York Stock Exchange. Head-quartered in New York City, it is an investment management company and preserves its anonymity in the context of achieving its specific goals and objectives around the globe. The company controls assets on behalf of individual investors and corporate clients across the world and is focused on proceeding to operate as an individual firm.

Acclaimed founder and Chief Executive Officer, Masayoshi Son, of SoftBank, Japan, set out to make a business deal that will help the acquisition of Fortress Investment Group at a price of 3.3 Billion dollars. Soft Bank was established in the 1981 by Son back when it used to sell PC software as wholesale. It later started venturing in more controlling interests such as Yahoo which boosted its growth entirely to an industry with innovative technology goals and profitable records around the world.

Even though Soft Bank is set for Fortress Investment Group acquisition, it will not be involved in management of the firm’s corporate and individual asset. With Fortress under new ownership, it is set to continue with its daily business operations completely unaffected by the extremely large changes to be made. Soft bank realizes that success will be guaranteed as it recognizes the power of acquiring an already established successful asset and allowing it proceed with its operations without interference.

Fortress Investment Group made a business venture in one of their own firms, All Aboard Florida. All Aboard Florida is a rail service obtained government funding in bonds allocated for use in widening its rails around Orlando. This rail service was honored as the most publicly talked about transportation project undertaken. It is focused on dealing with the construction of high-speed rails that will bridge Las Vegas and LA cities.

The firm’s involvement in infrastructure venture comes with expertise and technology that the local states and the national government cannot compete with.

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Gareth Henry, The Global Head Of Investor Relations

Gareth Henry is one of the highly prolific businessmen in the United Kingdom, and he plays an essential role in international investment relations. He was born and spent his childhood years in London. After completion of his high School education in London, Gareth joined the University of Heriot in the year 1997 where he pursued bachelor’s degree in Actuarial Mathematics and Statistics. He graduated with his degree in the year 2001. Henry started working after he has completed his studies and this marked the beginning of his success in life.

Gareth Henry started working with Watson Wyatt Company as an analyst of the company’s research team. After working there for some time, he left the company and moved to Global Investment Management Services where he was employed on a contractor three years. In 2004, Gareth left the investment firm and joined SEI Investments as an Investment Manager. He used to manage pension funds, insurers, and consultants of the company. He then left the company in 2005 and went to Shroders Company where he worked as a Director.

Gareth Henry worked at Shroders for two years and then took a transfer to Fortress Investment Group which made him migrate to the United States. He worked for the company as the Managing Director, and his work was remarkable. Henry helped the company in raising the hedge capital, real estate holdings, private equities and private credits. Besides, he also served as the Head of International relations of the company, and this exposed him to other great company’s different continents such as Asia and Europe.

Moreover, Gareth Henry worked as Global Head of Investor Relations at Fortress, and he was able to manage more than $3.5 billion hedge fund. Currently, Gareth works as the Global Head of Investor Relations at Angela, Gordon & Corona of the most significant investment companies in the US. He has shares in the company and among his achievement is that he managed to raise $4.5 billion hedge fund in 2016. Gareth Henry also has a sponsorship foundation which offers bursaries to students studying at Heriot University.

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The Operations Of New Residential Investment Corp

New Residential Investment Corp was incorporated in 2011 and is currently operated as a real estate investment trust. Its main focus is the investing as well as the management of the investments that are associated with the residential real estate. New Residential Investment Corp portfolio includes residential mortgage loans, residential mortgage-backed securities among other investments.

New Residential Investment Corp was initially formed as a subsidiary of the Newcastle Investment Corp, but in 2013 it gained the mandate to operate as an independent publicly traded entity. It is a publically traded company whose goal is to achieve strong risk-adjusted returns from its investments. New Residential Investment Corp leverages on the expertise of its associates in delivering attractive returns that results in higher dividends for the shareholders. They target the assets that have a potential of generating long term cash flows.

New Residential Investment Corp understands that the nature of the mortgage market of the US has grown more complex while presenting more opportunities for investors. Currently, the value of the residential housing market in the country is approximated at $21 billion, which is an indication that the investments opportunities are growing. The company believes to have the resources, the experience, and the relationships that that are key to leveraging opportunities that the market presents.

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