Tech Company Financing Transactions
Workday Funding Round
Workday Ventures invested in a $250 million funding round for Workday. The financing round closed on 2/7/2023.
Transaction Overview
Company Name
Announced On
2/7/2023
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Investors
Workday Ventures (Lead Investor)
Proceeds Purpose
The expansion of the fund will further reinforce the arm's strategic focus on: AI and ML. Workday Ventures is focused on investing in global enterprise software companies that offer AI and ML technologies, empowering agile and insights-driven decision-making for finance and human resources (HR) teams. For example, Workday Ventures has invested in companies that offer conversational AI, such as Paradox, which provides a conversational recruiting platform to automate the talent acquisition process.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
6110 Stoneridge Mall Rd.
Pleasanton, CA 94588
USA
Pleasanton, CA 94588
USA
Phone
Website
Email Address
Not Recorded
Overview
Workday (NYSE: WDAY) provides Enterprise Business Services, our enterprise business solutions for Human Capital Management, Revenue Management, Resource Management and Financial Management as an on-demand 24x7 service. Customers will pay as they go -- making infrastructure and upgrade costs a thing of the past.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Dave Duffield
Chief Executive Officer
Aneel Bhusri
Chief Financial Officer
Robynne Sisco
Chief Information Officer
Diana McKenzie
Chief Marketing Officer
Christine Cefalo
VP - General Counsel
James Shaughnessy
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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