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| Type | Private |
|---|---|
| Founded | March, 2005 |
| Founder(s) | Dave Duffield |
| Headquarters | Pleasanton, CA, United States |
| Key people | Dave Duffield, Co-founder, CEO and Chief Customer Advocate; Aneel Bhusri, Co-founder and President |
| Industry | Software |
| Website | workday.com |
Workday, Inc. is an on-demand financial management and human capital management software vendor. It was founded by David Duffield, the founder and former CEO of Peoplesoft, and former PeopleSoft chief strategist Aneel Bhusri. The company was started in March, 2005 and launched in November 2006[1]. In May, 2008 the company signed a very large contract with Flextronics to provide human capital management software services.[2].
In December, 2000 Workday moved from Walnut Creek to Pleasanton, California[3], the location of founder Duffield's prior company, PeopleSoft. As of November, 2009 the company now has more than 100 customers[4]
The company sells software and services using the SaaS model.
Contents |
Products
Workday offers the following applications:
- Human Capital Management
- Payroll
- Financial Management
- Expenses
- Procurement
- Projects
- Resource Management
- Benefits Network
- Business Intelligence
Workday has released 9 updates to its product line as of November, 2009[5].
Services
Workday offers Human Resources and Financial Management software delivered via Software as a Service (SaaS).
Acquisitions
On 2008-02-06, Workday announced that it had reached a definitive agreement to purchase Cape Clear.[6][7]
Financing
Initially Workday was funded by co-founder Dave Duffield and venture capital firm Greylock partners. On 2009-04-29, Workday announced that it secured $75 million in Series E funding led by New Enterprise Associates(NEA). Existing investors Greylock Partners and Workday CEO and co-founder Dave Duffield also participated in the round. [8]
References
- ^ http://www.businessweek.com/print/magazine/content/06_46/b4009095.htm
- ^ http://www.informationweek.com/news/services/saas/showArticle.jhtml?articleID=207603344
- ^ http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/04/BUP614GU4T.DTL
- ^ http://www.workday.com/Documents/pdf/reports/amr_research_workday_fast_approaching_the_100_customer.pdf
- ^ http://www.workday.com/company/news/workday_9_transforming_the_manager_and_employee_experience_in_hr_and_financials.php
- ^ Workday press release
- ^ Another ERP vendor buys into middleware ZDNet February 6th, 2008
- ^ http://www.forbes.com/2009/04/29/david-duffield-workday-technology-enteprise-tech-duffield.html
External links
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