Tuesday, October 9, 2012

Workday Bumps IPO Range

Pleasanton-based Workday, which develops human resources software-as-a-service, has bumped its initial estimated IPO pricing range to between $24.00 and $26.00 per share, according to a regulatory filing by the firm Tuesday morning. The firm had initially estimated an IPo at between $21.00 and $24.00 per share. Workday filed for an IPO on August 31st; the firm is venture backed by Greylock Partners and New Enterprise Associates.