Workday is acquiring RallyTeam a San Francisco Bay startup which helps The talented employees in a company to get matched to interesting and challenging opportunities in house within the company.
The acquisition seems to be more of acquihire wherein the Rallyteam's team will work on improving Workday's machine learning efforts at the same time leveraging the expertise they have built internally in their startup to improve the internal HR practices of company.
The company RallyTeam had previously raised $8.6 million dollars from Storm ventures cornerstone and Norwest Ventures.
Workday has been on an acquisition spree and has acquired about 10 companies all together.
Workday is an on-demand cloud based financial management and human capital management software vendor which was founded in the year 2005 and went public in the year 2012 valuing the company at about $9.5 billion dollars