T. Rowe Price, Others Help Workday Raise $85M

Law360, New York (October 24, 2011, 7:55 PM EDT) -- Web-based business management provider Workday Inc. has raised $85 million in its most recent round of financing with the help of powerful new investors such as T. Rowe Price Group Inc., Morgan Stanley, Janus Capital Group Inc. and Amazon.com Inc. founder Jeff Bezos, the company announced Monday.

"We believe the caliber of this group of investors underscores the market opportunity before us," Workday co-founder and CEO Aneel Bhusri said in a statement Monday. "The world's largest and most global enterprises are moving their business management solutions...
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