<p><strong>SAN FRANCISCO</strong> &#8212; Rippling announced it has raised $200 million in new financing, and signed agreements with investors to repurchase up to $590 million of equity from current employees, former employees, and early investors. The financing was led by Coatue with participation from Founders Fund, Greenoaks, and other existing investors. Dragoneer is joining the round as a new investor.</p>
<p>Rippling offers every application you need to run your business—from applicant tracking and payroll to IT and expenses—in one unified platform.</p>
<p class="leading-32 text-20 text-charcoal sm:leading-36">The new financing values the company at $13.5 billion.</p>
<p>The company says it will use the new funding to:</p>
<p>𥽠Continue to invest heavily in R&;D<br />
𧱠Build even more robust software products<br />
âï¸ Equip customers with more intelligent workflows, analytics, and tools</p>

SAN RAMON -- Lumin Digital, the Compounding Growth Platform for banks and credit unions, has…
SAN JOSE -- TYLsemi has emerged from stealth and closed an oversubscribed $43 million early-stage…
PALO ALTO -- Transcripta Bio, an AI-powered drug discovery company focused on neurological and neuromuscular…
SAN FRANCISCO -- Whale, a Singapore-based enterprise AI company, has secured a $40 million Series…
SANTA CLARA -- AMD and Anthropic have announced a strategic partnership to deploy up to…
NVIDIA founder and CEO Jensen Huang visited the Naval Postgraduate School in Monterey, CA, this…