Bedrock and Kleiner Perkins led a $250m Series D round in Rippling, a human resource management company, with participation from Y Combinator and Sequoia Capital. "Rippling’s core thesis is that employee data is critical to a surprisingly large number of business systems, including the ones well outside of HR. Maintaining the fidelity of the same employee data across all these disconnected systems—effectively, across multiple separate databases—is the reason it’s a lot of work for companies to have many different business systems in the first place," Parker Conrad, Rippling Founder.