Aneel Bhusri Net Worth is
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Rating: 2.8/5 (4 votes cast)
Type: Public
Traded As: WDAY
Foundation: March 2005
Founders: Dave Duffield and Aneel Bhusri
Location City: Pleasanton, California
Location Country: United States
Locations: 20+
Area Served: Global
Key People: Dave Duffield, Co-founder, Co-CEO and Chief Customer Advocate; Aneel Bhusri, Co-founder and Co-CEO
Industry: Software
Products: Human capital management, payroll, and financial management
Services: Online software
Revenue: $119.5 million Num Employees: 1,550 Homepage:
Workday, Inc. is an ona??demand (cloud-based) financial management and human capital management software vendor. It was founded by David Duffield, the founder and former CEO of PeopleSoft, and former PeopleSoft chief strategist Aneel Bhusri following Oracle's hostile takeover of PeopleSoft in 2005. Workday differs from other cloud-based software providers in that it targets the customers of rivals Oracle or SAP by offering them "online services at a fraction of the cost of upgrading from their incumbent vendors". It launched a successful initial public offering that valued its above better-known software companies that have gone public in 2012, including Groupon and Zynga.
Workday was founded in March 2005 and launched in November 2006. Initially, it was funded Duffield and venture capital firm Greylock Partners. In December 2008, Workday moved its headquarters from Walnut Creek to Pleasanton, where PeopleSoft, founder Duffield's prior company, was located. Workday sells software and services using the SaaS model.
On February 6, 2008, Workday announced that it had reached a definitive agreement to purchase Cape Clear. In May 2008, Workday signed a large contract with Flextronics to provide human capital management software services. Other large, multinational companies that have publicly disclosed contracts or deployments of Workday include Aviva,Chiquita Brands,CAE Inc., Fairchild Semiconductor,Rentokil Initial,Thomson Reuters, and Time Warner.
On April 29, 2009, Workday announced that it secured $75 million in Series E funding led by New Enterprise Associates. Existing investors Greylock Partners and Workday CEO and coa??founder Dave Duffield also participated in the round. On October 24, 2011, Workday announced $85 million in new funding, bringing total capital raised to $250 million. Investors in the latest round included T. Rowe Price, Morgan Stanley Investment Management, Janus, and Bezos Expeditions, the personal investment entity of Amazon CEO and f

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Aneel Bhusri Latest News

Wipro confirms acquisition of Appirio for $500 million

Chris Barbin, CEO of Appirio, will lead the expanded business. Salesforce founder Marc Benioff and Workday co-founder Aneel Bhusri welcomed Appirio's decision to go with Wipro. The US-based cloud consultancy firm has 1,250 employees and counts Stryker ...
Posted: October 20, 2016, 6:41 am

Wipro To Strengthen Cloud Business With Appirio Buyout

Aneel Bhusri, the Co-Founder and CEO of Workday, spoke as Appirio had worked with them extensively in the past, as said in his statement, “Appirio has played a key role in the Workday community, and we’re thrilled to see such a great opportunity for ...
Posted: October 21, 2016, 5:32 am

Workday Inc. (WDAY) CEO Aneel Bhusri Sells 10,317 Shares

Workday Inc. (NYSE:WDAY) CEO Aneel Bhusri sold 10,317 shares of the firm’s stock in a transaction dated Monday, October 17th. The stock was sold at an average price of $86.35, for a total transaction of $890,872.95. The transaction was disclosed in a ...
Posted: October 20, 2016, 5:57 am
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