Please provide a short (approximately 100 word) summary of the following web Content, written in the voice of the original author. If there is anything controversial please highlight the controversy. If there is something surprising, unique, or clever, please highlight that as well. Content:
Title: Rippling Raises $500M in Emergency Funds After SVB Fails
Site: www.bloomberg.com
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.