Workday Closes $85M Series F Financing

Workday, Inc., a Pleasanton, CA-based provider of SaaS-based enterprise solutions for global human resources (HR), payroll, and financial management, has closed an $85m Series F financing.

The round was led by new investors, including T. Rowe Price, Morgan Stanley Investment Management, Janus Capital Group Inc., and Bezos Expeditions.

Founded by Dave Duffield and CEO Aneel Bhusri in 2005, Workday today offers Human Capital Management, Payroll, and Financial Management solutions.
Customers include more than 230 companies, spanning mid-sized organizations to Fortune 500 businesses.

The company intends to use the capital to continue to expand its core technology, products, go-to-market capability, and administrative infrastructure.

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