Rippling’s Funding Round Gives Founder Second Unicorn Chance
- Former Zenefits founder’s new company valued at $1.35 billion
- Investors include Founders Fund, Kleiner Perkins and Coatue
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Rippling, a software company started by former Zenefits co-founder Parker Conrad, has raised fresh capital valuing it at $1.35 billion.
Rippling, where Conrad is chief executive officer, has raised $145 million in a round that values it at five times its $270 million valuation in a previous funding round last year.