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Learn more Subscribe Sign In Follow the authors + Get alerts forKatie Roof Rippling has raised $500 million at a valuation of $11.25 billion, after one of its venture-capital backers rushed to shore up the workforce-management software provider following the collapse of Silicon Valley Bank. The emergency round facilitated by Greenoaks Capital gives Rippling the same valuation it fetched in a fundraising last year, despite a market correction that's prevented most startups from raising money at favorable terms. LIVE ON BLOOMBERG Watch Live TVListen to Live Radio Most Read * Business Credit Suisse Crisis Nears Finale as UBS Discussions Heat Up * Business Credit Suisse Investment Bank Said a Key Sticking Point in Talks * Markets CFA Revised Exam Cuts Study Time, Stresses Practical Skills * Business Deutsche Bank Eyes Some Credit Suisse Assets * Markets Credit Suisse's Fate Rests in the Hands of These Power Players Terms of Service Trademarks Privacy Policy (c)2023 Bloomberg L.P. 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