Workday Adaptive Planning, formerly Adaptive Insights, is a software as a service company headquartered in Palo Alto, California and founded in 2003. The company's acquisition by Workday, Inc. was completed in August 2018. In 2003, Robert S. Hull and Richard L. Dellinger co-founded Adaptive Planning to market enterprise budgeting, forecasting, and reporting software as an alternative to spreadsheet-based planning or larger, on-premises software. Adaptive Planning was an early user of the software as a service (SaaS) model for business intelligence and corporate performance management. The company was founded in late 2003 and incorporated in Delaware as Visus Technology and then renamed Adaptive Planning. It was incubated at Onset Ventures in Menlo Park, California. In September 2012 the company acquired the Louisville, Colorado based company myDIALS for an undisclosed amount. By October 2013, Adaptive Planning held a fourth round of funding, raising $45 million and added salesforce.com as a backer. More information...
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