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

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Connie Loizos / TechCrunch:

HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, when SVB froze its deposits, taking its total funding to $1.2B  —  As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all.  Or so he might have thought until last week.