Rippling rises to unicorn status after raising $145M Series B round
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Zenefits founder Parker Conrad has done it again. His latest startup, Rippling, raised a $145 million Series B financing round on Tuesday, thrusting the human resources software company into unicorn status with a new $1.35 billion valuation. Conrad started Rippling in 2016 shortly after he was forced to resign as CEO from his previous company, Zenefits, amid investigations by regulators in multiple states for allegedly selling insurance through unlicensed brokers. Unfazed by his ungraceful exit,…
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