:HR software startup Rippling said on Monday it was valued at $13.5 billion after raising $200 million in its latest funding round. The round was led by tech investment firm Coatue with participation from Peter Thiel's Founders Fund, Greenoaks, and other existing investors. Dragoneer joined the round as a new investor, Rippling said. The company also agreed to repurchase up to $590 million of equity from current employees, former employees and early investors in a tender offer.