+44 (0)20 7930 4158POPULAR TOOLS
Enterprise software firm Workday raises USD85m at 2bn valuation
Enterprise software firm Workday held a USD85m funding round to bring its total funding to USD250m. The Series F round was led by new investors T Rowe Price, Morgan Stanley Investment Management, Janus Capital Group and Bezos Expeditions. All Things Digital reports the investments value Workday at USD2bn and a contribution comes from Fidelity's USD80bn Contrafund. The new backers plan to become shareholders when Workday goes public in the second half of next year. Workday provides cloud-based software-as-a-service for human resources, payroll and financial services for some 230 customers. The firm was started in 2005 to develop solutions for mid- and large-sized enterprises weighed down with on-premise deployments of legacy software.
To access this content and our full archive of articles on 30,000+ companies, you are required to be a StrategyEye subscriber. We offer a range of subscription options. Complete the form to request one of our packages. |
|
