Rippling has successfully secured $450 million in a Series G funding round, propelling its expansion into new markets and enhancing its workforce management offerings. The funds will be directed towards developing products across HR, IT, and spend management to help streamline employee data management for businesses.
Key Points
- Rippling raised $450 million, valuing the company at $16.8 billion.
- The funding will accelerate market expansion and improve existing HR and IT products.
- Rippling aims to integrate all aspects of employee data management in one platform.
- CEO Parker Conrad highlighted the benefits of streamlined workflows and data management.
- This funding comes shortly after a previous round where Rippling raised $200 million.
Why should I read this?
If you’re in the workforce management or HR space, this article is a must-read! Rippling is shaking things up with its substantial funding, allowing it to take its innovative products and services even further. This is big news for anyone interested in the future of employee management!