Workday, Inc. is an on‑demand financial management and human capital management software vendor. It is the leader in SaaS-based enterprise solutions for human resources, payroll and financial management, providing new levels of business agility for a fraction of the cost of buying, deploying and maintaining legacy on-premise systems.
Workday Human Capital Management and Workday Financial Management use modern, standards-based technologies to provide an unparalleled level of agility, ease-of-use, and integration capability. More than 130 customers, spanning mid-sized organizations to global Fortune 500 businesses, have selected Workday.
Workday was founded in March 2005 and launched in November 2006. Initially, it was funded by David uffield and venture capital firm Greylock Partners. In December 2008, Workday moved its headquarters from Walnut Creek, California to Pleasanton, California, where PeopleSoft, founder Duffield's prior company, was located. Workday sells software and services using the SaaS model.
Workday has a Total funding of $230.55M in 6 Rounds. Their last funding round was on Oct 24, 2011 where they raised $85M from four Investors. Their Lead Investors include NEA, Morgan Stanley, T. Rowe Price etc.