Regardless of courtroom mayhem, Rippling is still going complete steam ahead.
The HR tech startup at the center of a progressively remarkable legal battle with competing Deel just raised a fresh $450 million in financing at a $16.8 billion assessment, and introduced a new Startup Stack to charm early-stage companies winning over Y Combinator as both an investor and a client.The financing comes amid the business high-profile legal battle with Deel, which Rippling implicates of movie-worthy business espionage, complete with secret crypto payments and decoy Slack channels.
Deel has actually denied the claims and submitted its own lawsuit, calling Ripplings allegations a distraction.Today on Equity, Mary Ann Azevedo and Charles Rollet are digging into the HR tech face-off, from legal drama to IPO ramifications and international intrigue.Listen to the full episode to hear more about: The supposed spy, Ripplings proof, and Deels denialsYCs participation in Ripplings most current task, and why the move is raising eyebrowsThe possible effect on IPOs for both companiesEquity is A Technology NewsRooms flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
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