Testing Brand Refresh

Workday was founded in March 2005 and launched in November 2006.^[6][7] Initially, it was funded by David Duffield and the 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.^[8][9]

On February 6, 2008, Workday announced that it had reached a definitive agreement to purchase Cape Clear Software.^[10] In May 2008, Workday signed a large contract with Flextronics to provide human capital management software services.^[11] Companies that have publicly disclosed contracts or deployments of Workday include Aviva,^[12] Chiquita Brands, and other firms.^{[13][14][15][16][17]}

On April 29, 2009, Workday announced that it had secured $75 million in funding led by New Enterprise Associates. Existing investors Greylock Partners and Workday CEO and co‑founder Dave Duffield also participated in the round.^[18] On October 24, 2011, Workday announced $85 million in new funding, bringing the total capital raised to $250 million. Investors in the latest round included T. Rowe Price, Morgan Stanley Investment Management, Janus, and Bezos Expeditions.^[19] As of spring 2012, Workday had 310 customers, ranging from mid-sized businesses to Fortune 500 companies.^[20]