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Vancouver's Bench Raises $20 Million Series B Round

Online bookkeeping service Bench has closed a $20 million Series B up­round led by Bain Capital Ventures and joined by Altos Ventures and Contour Venture Partners.

Altos and Contour were also Series A investors in Bench.

The new round, which brings total capital raised to over $40 million, will go toward product enhancements and the rollout of a new product.

Since 2012, Bench has made significant strides in its journey toward fully automating the job of a bookkeeper.

By creating task­ specific algorithms and perfecting tools that can work seamlessly with bank data, payment data, etc., Bench has reduced the labour time of its bookkeepers by 75%.

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Regus Opens New Shared Workspace in Vancouver

In a world of freelancers and remote workers, coworking spaces continue to rise in popularity.

The latest flexible, shared working enviornment comes from Regus, who has opened a new space in Robson Square, which was recently decided by the city to be developed into a social hub of downtown.

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