Workday acquires talent management software startup Rallyteam

On Friday, Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house.

The two companies did not disclose the purchase price or the number of Rallyteam employees who would be joining Workday.

Workday appears to be acquiring the talent. It wants to take the Rallyteam team and incorporate it into the company’s engineering unit to beef up its machine learning efforts, while taking advantage of the expertise it has built up over the years connecting employees with interesting internal projects.

“With Rallyteam, we gain incredible team members who created a talent mobility platform that uses machine learning to help companies better understand and optimize their workforces by matching a worker’s interests, skills and connections with relevant jobs, projects, tasks and people,” Workday’s Cristina Goldt wrote in a blog post announcing the acquisition.

San Francisco-based Rallyteam was founded in 2014 and took part in the Microsoft Ventures Accelerator. The company has raised $8.6 million in venture funding to date, as per Crunchbase. The company helps employees find interesting internal projects that might otherwise get outsourced.

In January, Workday bought SkipFlag, makers of a so-called AI knowledge base that builds itself from a company’s internal communications. With that deal, Workday said it was taking another step in its efforts to invest in the areas of machine learning, advanced search, and natural language processing.

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