Monday, July 25, 2016

WorkDay Acquires Platfora

Pleasanton-based WorkDay said Friday that it has acquired Platfora, the venture backed developer of big data analytics tools. Financial terms of the buy were not announced, however, reports place the deal at around $200M. Platfora was backed by HSBC, Harmony Partners, Allegis Capital, Andreessen Horowitz, Battery Ventures, Citi Ventures, Cisco, Sutter Hill Ventures and Tenaya Capital, and had raised $95M in funding.