April 29th, 2009
Workday lands $75 million in venture funding
Workday, a human resources software as a service provider, said Wednesday that it has landed $75 million in Series E funding.
Workday, the brainchild of Dave Duffield, who cooked up PeopleSoft, said in a statement that New Enterprise Associates, Greylock Partners and Duffield participated in the round. Duffield, CEO of Workday, founded PeopleSoft in 1987 and sold it to Oracle in 2005.
In addition, Workday also named Clark Newby as vice president of marketing. Newby had the same position at Fortify Software.
New Enterprise Associates partner Scott Sandell will also join Workday’s board as part of the investment round.
Also see: Workday update: deep not wide
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