The intense feud between HR software giants Deel and Rippling has reached a boiling point with dramatic accusations of spying and even an attempt to flush a phone down a toilet. Dive into the shocking details of this Silicon Valley clash: https://t.co/Qk78eEkura #HRTech
Parker Conrad explained Tuesday why Rippling's legal action against rival and fellow San Francisco software startup Deel is about more than just a business dispute. https://t.co/3L04xCLnLM
From stolen customer data to purloined employee compensation numbers, at least four recent lawsuits detail alleged theft of confidential information between major fintech rivals. Get the inside scoop on these high-stakes legal fights: https://t.co/Qk78eEkura #TechLaw
Rippling, a human resources software company, secured $450 million in Series G funding, raising its valuation to $16.8 billion. Key investors in the round include Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, Elad Gil, and Y Combinator. The funding will be used to support global expansion and product development. This financial milestone comes amid ongoing legal disputes with rival HR software firm Deel, involving allegations of corporate espionage and theft of confidential information, including customer data and employee compensation details. The feud between the two San Francisco-based companies has escalated with dramatic accusations, such as spying and an incident involving an attempt to dispose of a phone. Rippling's CEO Parker Conrad has emphasized that the legal action against Deel extends beyond a mere business dispute. These developments highlight growing concerns about insider threats and trust issues within commercial and government organizations.