HR application startup Rippling raised a $500M Collection E at an $11.25B valuation, same as Collection D, when SVB froze its deposits, taking its overall funding to $1.2B (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:

HR software package startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, when SVB froze its deposits, having its whole funding to $1.2B  —  As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has just about found it all.  Or so he may possibly have considered until very last 7 days.