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Rippling raises $450M at a $16.8B valuation, reveals YC is a customer
HR tech startup Rippling has raised a $450 million Series G round at a $16.8 billion valuation, the company confirmed to TechCrunch. It is also conducting Rippling is one of Y Combinator’s many breakout success stories. It graduated from the winter 2017 cohort and apparently became a client of Rippling’s earlier this year.
HR tech startup Rippling has raised a $450 million Series G round at a $16.8 billion valuation, the company confirmed to TechCrunch. The increase in marketing and capital raise come amidst a lawsuit Rippling has filed against rival Deel for allegedly hiring an employee to spy on its internal trade secrets. Founded in 2016, Rippling has evolved its offering over time and now has two dozen products, including payroll and benefits, SSO and identity management, bill pay, and corporate cards.
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