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Workday Surges on Reported Silver Lake Takeover Talks: A New Test for SaaS in the AI Era

A reported takeover approach has suddenly put Workday at the center of one of the largest potential enterprise software transactions in years. Reuters reported on August 13 that technology investment firm Silver Lake has been in discussi

Aug 14, 2026
Venture Capital

Employee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion

Employee Navigator , a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120

Aug 4, 2025
Venture Capital

Rippling Raises $450M in Series G, Valuation Soars to $16.8B as YC Becomes a Customer

Rippling has raised $450M in a Series G round, boosting its valuation to $16.8B. The round includes investors like Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator. A $200M tender offer accompanies

May 11, 2025
Venture Capital

Wrapbook Secures $20 Million in Funding, Valued at $750 Million: Transforming Production Finance with Innovative Solutions

Wrapbook , a leader in production finance and accounting for the entertainment industry, has secured a $20 million investment from Bessemer Venture Partners, bringing its valuation to $750 million. This investment goes beyond financial grow

Sep 25, 2024
Venture Capital

Rippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite

Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli

Apr 22, 2024
Earnings

TriNet Announces Third Quarter 2023 Results

TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period

Oct 25, 2023
Product News

TriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock

Dublin, CA — July 31, 2023 —  TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price

Aug 1, 2023
Earnings

TriNet Announces Fourth Quarter and Fiscal Year 2022 Results, 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022

9%  Growth in Professional Service Revenues for the Fourth Quarter of 2022 18%  Growth in Professional Service Revenues to  $754 million  for Fiscal Year   2022 8%  Growth in Total Revenues to  $4.9 billion  for Fiscal Year   2022 11%  Grow

Feb 15, 2023
Company News

TriNet Announces Second Quarter 2022 Results

9% Growth in Total Revenues to  $1.2 Billion 17%  Growth in Professional Service Revenues to $182 million Net Income per Diluted Share of  $1.35  and Adjusted Net Income per Diluted Share  $1.72 DUBLIN, Calif. ,  July 26, 2022  /PRNewswire/

Jul 26, 2022
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