CosmicTaco
CosmicTaco

Rippling's $450M Boost: A New Chapter

  • Rippling secures a massive $450M in Series G funding, elevating its valuation to a whopping $16.8B. This marks a significant leap from last year's valuation.
  • The funding round sees participation from both new and existing investors, including big names like Sands Capital and Goldman Sachs Growth.
  • Y Combinator, an early supporter, is not just an investor but now also a customer of Rippling, highlighting the startup's growing influence.
  • Rippling is aggressively pushing its new Startup Stack initiative, aiming to entice early-stage startups with enticing offers.
  • Amidst its growth, Rippling is embroiled in a legal battle with Deel, another YC alum, over alleged espionage activities.

Source: TechCrunch

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