Enterprise HR and finance software provider Workday has committed $250m to the corporate venturing fund it formed in 2015.

Workday Ventures, the corporate venturing vehicle formed by US-based enterprise human resources and finance management software provider Workday, announced a $250m fund yesterday.

Workday launched the unit in 2015 under the leadership of Adeyemi Ajao, its vice-president of technology products strategy, with a focus on data and machine learning technologies as applied to the enterprise.

However, Ajao left the company in 2016 and the unit has been relatively quiet over the past 18 months. The new fund would appear…