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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
FTSE 100 rises on miners, energy as Middle East tensions persist
Invezz· 2026-03-30 10:39
UK's FTSE 100 rises on miners, energy as tensions persist FTSE 100 rises on miners, energy as Middle East tensions persist 5G AI Sentiment: 62/100 Bullish This score is generated through AI-driven analysis of the article's content. Energy stocks rose 1.4% to a record high as crude prices remained elevated. Brent was headed for a record monthly gain, supporting London's oil and gas names. Geopolitical risks keep a lid on sentiment Author Invezz Team Mar 30, 2026, 10:39 AM London's FTSE 100 rose on Monday, he ...
Americas Gold and Silver Announces Strong Full-Year 2025 Results and 2026 Guidance with ~30% Annual Production Growth
TMX Newsfile· 2026-03-30 10:35
Toronto, Ontario--(Newsfile Corp. - March 30, 2026) - Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), a growing North American precious metals and antimony producer, is pleased to report consolidated financial and operational results for the year ended December 31, 2025. "I continue to be impressed with the strength of our Cosalá Operations team. The operation has demonstrated a strong commitment to safe and profitable production, delivering record produc ...
PDX: Trades At A 10% Discount And Aligned To Capture AI Power Demand
Seeking Alpha· 2026-03-30 10:30
Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, an ...
Kraken Robotics Appoints Don Robertson to Board of Directors and John Salama as Chief Information Officer
Globenewswire· 2026-03-30 10:30
ST. JOHN'S, Newfoundland and Labrador, March 30, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce the appointment of Don Robertson to its Board of Directors and the promotion of John Salama to the role of Chief Information Officer, effective immediately. Don Robertson Appointed to Board of Directors Mr. Robertson brings more than 30 years of experience in corporate finance, mergers and acquisitions (M&A), and public company governan ...
Jones Soda Expands Fallout™ Beverage Platform with National Club Store Rollout of Sunset Sarsaparilla 12-Packs
Prnewswire· 2026-03-30 10:30
Jones Soda Expands Falloutâ"¢ Beverage Platform with National Club Store Rollout of Sunset Sarsaparilla 12-Packs Accessibility StatementSkip Navigation SEATTLE, March 30, 2026 /PRNewswire/ - Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA), a leading craft soda manufacturer, today announced the national rollout of Falloutâ"¢-inspired Sunset Sarsaparilla 12-packs to club store locations across the United States and Canada, marking the company's largest licensed club-store deployment to date. Continue Reading Sun ...
Hyperscale Data Enters into Agreement to Expand Michigan AI Data Center Campus with 48.5 Acre Acquisition
Prnewswire· 2026-03-30 10:30AI Processing
Hyperscale Data Enters into Agreement to Expand Michigan AI Data Center Campus with 48.5 Acre Acquisition Accessibility StatementSkip Navigation Strategic Land Acquisition Positions Company for Future Expansion LAS VEGAS, March 30, 2026 /PRNewswire/ -- Hyperscale Data, Inc.(NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its wholly owned subsidiary Alliance Cloud Services, LLC ("ACS"), has entered ...
EnviroGold Global Appoints Greg O’Connor as Principal Metallurgist to Support Project Delivery and Commercial Deployment
Globenewswire· 2026-03-30 10:30
VANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (TSX-V: NVRO | OTCQB: ESGLF | FSE: YGK) ("EnviroGold" or the "Company"), a clean technology company focused on recovering precious and critical metals from mine waste and tailings, is pleased to announce the appointment of Dr. Greg O'Connor as Principal Metallurgist. Dr. O'Connor will be based at the Company's West Australian Project Development Facility, supporting the advancement of projects through EnviroGold's Rapi ...
EnviroGold Global Appoints Greg O'Connor as Principal Metallurgist to Support Project Delivery and Commercial Deployment
Globenewswire· 2026-03-30 10:30
VANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (TSX-V: NVRO | OTCQB: ESGLF | FSE: YGK) ("EnviroGold" or the "Company"), a clean technology company focused on recovering precious and critical metals from mine waste and tailings, is pleased to announce the appointment of Dr. Greg O'Connor as Principal Metallurgist. Dr. O'Connor will be based at the Company's West Australian Project Development Facility, supporting the advancement of projects through EnviroGold's Rapi ...
Kraken Robotics Appoints Don Robertson to Board of Directors and John Salama as Chief Information Officer  
Globenewswire· 2026-03-30 10:30
ST. JOHN'S, Newfoundland and Labrador, March 30, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce the appointment of Don Robertson to its Board of Directors and the promotion of John Salama to the role of Chief Information Officer, effective immediately. Don Robertson Appointed to Board of Directors Mr. Robertson brings more than 30 years of experience in corporate finance, mergers and acquisitions (M&A), and public company governan ...