Rippling, a business software startup embroiled in a corporate espionage controversy, is in early discussions to raise hundreds of millions of dollars, which would value the company at approximately $16 billion. The company has accused its rival, Deel, of orchestrating a sophisticated corporate espionage scheme, leading to ongoing litigation in both the U.S. and Ireland. Recent court proceedings have revealed that a former employee at Rippling, who is at the center of the espionage allegations, claimed that Deel offered to fly his family to Dubai to assist him in evading the allegations. This case has drawn attention to the aggressive business tactics employed by Deel's leadership, particularly the father-son duo, Philippe and Alex Bouaziz, who have a history of contentious practices in the industry. Amid these developments, Deel's communications chief has departed, further intensifying scrutiny on the company during this legal battle.
Deel’s comms chief departs amidst spying lawsuit from Rippling: https://t.co/birLeUY4ks by TechCrunch #infosec #cybersecurity #technology #news
Deel’s comms chief departs amidst spying lawsuit from Rippling https://t.co/m1Vnv4NnRn
Exclusive: How Deel’s Combative Father-Son Duo Sparked a Spy Scandal The Bouazizes' history includes allegations of corporate espionage, with a past attempt to spy on rival Papaya Global. 🕵️♂️ More on their competitive tactics. https://t.co/Js2GvlnKMd #CorporateEspionage