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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]
Innate Pharma Reports Full Year 2025 Financial Results and Business Update
Businesswire· 2026-03-26 06:00
Innate Pharma Reports Full Year 2025 Financial Results and Business Update Mar 26, 2026 2:00 AM Eastern Daylight Time Innate Pharma Reports Full Year 2025 Financial Results and Business Update Share MARSEILLE, France--(BUSINESS WIRE)--Regulatory News: Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) ("Innate†or the "Company†) today reported its business update and consolidated financial results for the year ending December 31, 2025. The consolidated financial statements are attached to this press rele ...
SIKA ADVANCES DIGITALIZATION IN THE CONSTRUCTION SECTOR WITH A STRATEGIC STAKE IN MESH
Globenewswire· 2026-03-26 06:00
SIKA ADVANCES DIGITALIZATION IN THE CONSTRUCTION SECTOR WITH A STRATEGIC STAKE IN MESH Sika is investing in Swiss tech company MESH AG – an ETH spin-off and an international pioneer of robot-supported manufacturing in reinforcement construction. The CHF 2.9 million fundraising round, completed together with partners including ABB Robotics and Shimizu Corporation, will enable MESH to scale its technologies globally. With the participation in MESH’s fundraising round, Sika is expanding its portfolio of digit ...
GAM announces 2025 full year results
Globenewswire· 2026-03-26 06:00
26 March 2026 PRESS RELEASE Ad hoc announcement pursuant to Art. 53 Listing Rules: GAM announces 2025 full year results GAM fully focused on growth with strengthened platform, new partnerships and leadership in place Financial Highlights for Full Year 2025 IFRS net loss after tax of CHF 74.2 million compared to CHF 77.2 million for FY 2024 (restated).Underlying loss before tax of CHF 60.2 million compared to CHF 67.7 million for FY 2024 (restated).AuM at CHF 12.5 billion compared to CHF 16.3 billion as at 3 ...
Invitation to Ascom Annual General Meeting 2026
Globenewswire· 2026-03-26 06:00
Ladies and Gentlemen,Please find the invitation to the Ascom Annual General Meeting 2026 enclosed.The meeting will take place onWednesday, April 22, 2026, at 2 p.m., and will be held at theTheater Casino Zug, Artherstrasse 2-4, 6300 Zug.Further details on the meeting and the agenda can be found in the official invitation enclosed or on our website Annual General Meeting. Kind regardsAscom Holding AG Attachment Ascom_Invitation_AnnualGeneralMeeting_en ...
Banijay Group strategic update March 2026
Globenewswire· 2026-03-26 06:00
Press Release Paris, March 26, 2026 STRATEGIC UPDATE 2026 BANIJAY GROUP DELIVERS ON ITS STRATEGIC ROADMAP, BUILDING AN UNRIVALLED POWERHOUSE ACROSS THE ENTERTAINMENT INDUSTRY UNVEILED MID-TERM OUTLOOK FOLLOWING TWO TRANSFORMATIVE ACQUISITIONS Banijay Group, the global independent leader in the entertainment industry, is hosting a strategic update on Thursday, March 26, 2026, at 2:00 PM CET. RADICAL TRANSFORMATION OF THE GROUP’S SCALE Following its Capital Markets Day held in May 2025, the Group has signi ...
Cognyte Software: Compelling EBITDA, Low Dilution
Seeking Alpha· 2026-03-26 06:00
As 2026 drags on, investors continue to be incredibly wary of investing in tech stocks again, as the combination of a weak macro environment plus fears of a "SaaSpocalypse" in which AI uproots existing software platforms, continues to drive a wholesaleWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been ...
Niu Technologies: Why The Time Has Come To Be Long (NASDAQ:NIU)
Seeking Alpha· 2026-03-26 05:41
Niu Technologies ( NIU ), a manufacturer of urban mobility solutions like electric bicycles, or e-bikes, and scooters, was doing pretty well with the stock rallying prior to the release of the Q4 FY2025 report on March 16, but theWelcome to my author's site. As an avid follower of SeekingAlpha, I take great interest in articles posted as the subject matter is often something that appeals to me. However, I will sometimes encounter an article that I might not agree with. My purpose is to present an alternativ ...
National Australia Bank to cut 170 jobs amid offshore expansion
Reuters· 2026-03-26 05:38
National Australia Bank to cut 170 jobs amid offshore expansion | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Commonwealth Bank of Australia Follow National Australia Bank Ltd Follow March 26 (Reuters) - Australia's Finance Sector Union said on Thursday that National Australia Bank (NAB.AX), opens new tabis proposing cutting about 170 jobs across the country as part of a restructuring of its business division, which will also cr ...
First Majestic Silver: Down From Highs, And I'm Finally Buying (NYSE:AG)
Seeking Alpha· 2026-03-26 05:31
When I last covered First Majestic in 2023 , I called it a SELL. My exact words: the company didn't have its cash costs under control at one of its major mines, its financial position was worsening, and a capitalAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BTG, SVM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busines ...