Workday agrees to acquire C1.ai for enterprise identity management
Workday Inc. has agreed to acquire C1.ai, a software company formerly known as ConductorOne. C1.ai develops enterprise software designed to manage identities for both humans and AI agents. The company has raised $111M in funding to date.
Key points
- Workday agrees to acquire C1.ai, formerly ConductorOne.
- C1.ai develops software to manage human and AI agent identities.
- C1.ai has raised $111M in total funding.
C1.ai's headquarters have shifted between San Francisco and Portland. Workday is based in California and trades on the Nasdaq under the ticker WDAY. This acquisition integrates C1.ai's identity management capabilities into Workday's existing enterprise suite.
The deal highlights the growing need for robust identity management systems that can handle both traditional user accounts and the emerging class of AI agents operating within enterprise environments. By acquiring C1.ai, Workday aims to strengthen its position in managing complex digital workforces that include non-human actors.
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