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]
AVAILABILITY OF 2025 UNIVERSAL REGISTRATION DOCUMENT
Globenewswire· 2026-04-01 06:38
REGULATED RELEASE Availability of 2025 Universal Registration Document Paris – April 1, 2026 Klépierre has filed today the French version of its universal registration document relating to fiscal year 2025, prepared in ESEF format (European Single Electronic Format) with the Autorité des marchés financiers (“AMF”), under the registration number D.26-0185. It can be read or downloaded on the websites of: Klépierre: www.klepierre.com, in the section Finance/Publications/Annual and semi-annual reports;The AMF: ...
Invitation to media and analyst briefing for Ericsson Q1 2026 report
Prnewswire· 2026-04-01 06:32
Invitation to media and analyst briefing for Ericsson Q1 2026 report Accessibility StatementSkip Navigation STOCKHOLM, April 1, 2026 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2026 will be published at approximately 7:00 AM CEST on April 17, 2026. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report will be available on Ericsson's website: ...
Mkango Resources Limited Announces Results Of Fundraise Of £12.5 Million
Accessnewswire· 2026-04-01 06:30
Mkango Resources Limited Announces Results Of Fundraise Of £12.5 Million THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN. Mkango Resources Limite ...
Tesla stock in focus as strong France data signals Europe rebound
Invezz· 2026-04-01 06:28
Tesla stock in focus as strong France data signals Europe rebound Tesla stock in focus as strong France data signals Europe rebound Electric vehicles AI Sentiment: 72/100 Bullish This score is generated through AI-driven analysis of the article's content. Author Invezz Team Apr 01, 2026, 06:28 AM Tesla stock (NASDAQ: TSLA) remained in focus as new car registrations in France more than tripled in March, rising to 9,569 vehicles, a 203.10% year-on-year increase and just below the all-time high of 9,572 set in ...
Domino's Pizza: One Of The Few Winners In A Tough Restaurant Market - And Now Undervalued
Seeking Alpha· 2026-04-01 06:25
Domino's Pizza ( DPZ ) is now down to some of the lowest levels in over half a decade, despite the company proving its resilience and growing at a time when most peers are shrinking.I've been researching companies in-depth for over a decade, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide useful content for readers. After writing my own blog for about 3 years, I decided to switch to a value investing- ...
Europe stocks set for strong rebound as Trump says Iran war will end in weeks
CNBC· 2026-04-01 06:24
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019.Shares listed in Europe are set to kick off the new trading month with a strong rebound, after notching their worst month since 2008 in March. Futures tied to the regional Stoxx 50 were trading 2% higher ahead of Wednesday's opening bell. Those tied to London's FTSE 100 were up by 1%, and German DAX futures were 2% higher. Futures tied to ...
CHC Navigation Announces Major Updates to i93, i85, i76 and iBase GNSS Receivers
Globenewswire· 2026-04-01 06:19
SHANGHAI, April 01, 2026 (GLOBE NEWSWIRE) -- CHC Navigation (CHCNAV), a global provider of surveying, mapping, and positioning GNSS technology, announced major updates to its i93, i85, and i76 GNSS receivers, as well as the iBase professional base station. The updates are designed to further improve positioning stability, simplify field setup, and expand operational capability across demanding surveying environments. Enhanced RTK performance with the CHCNAV StellaX GNSS chipThe updated i93, i85, and i76 rec ...
Brookfield Wealth Solutions Completes Acquisition of Just Group
Globenewswire· 2026-04-01 06:18
Acquisition significantly expands Brookfield Wealth Solutions’ international operations With the support of Brookfield Wealth Solutions’ permanent capital and strong investment capabilities, Just is now well-positioned to scale its presence in the high growth U.K. pension risk transfer market BROOKFIELD NEWS, April 01, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (“BWS”) today announced the completion of its £2.4 billion ($3.2 billion) acquisition of Just Group Plc. (“Just”). Just is a leading provi ...
Extraordinary General Meeting of Nykredit Bank A/S on 1 April 2026 - Nykredit Bank A/S
Globenewswire· 2026-04-01 06:15
To Nasdaq Copenhagen Extraordinary General Meeting of Nykredit Bank A/S on 1 April 2026 At the Extraordinary General Meeting of Nykredit Bank A/S held on Wednesday 1 April 2026, the General Meeting approved: The Board of Directors' proposal to resolve on completion of a merger between Nykredit Bank A/S and Spar Nord Bank A/S, CVR no 13737584, with Nykredit Bank A/S as the continuing company and Spar Nord Bank A/S as the discontinuing company in accordance with the published merger plan and merger statement ...