Wednesday, April 8, 2015

Domo Raises $200M, Hits Unicorn Territory

Provo, Utah-based Domo, the latest startup from technology veteran Josh James, has raised $200M in a new funding round, which reportedly values the company at $2 billion. The company--which already has been prepping for a possible IPO--also disclosed that it now has a annual run rate of $100M, and already has 1 a 1,000 customer using its software. Domo has now raised $450M in funding. The new round was led by Blackrock, and also included Capital Group, Glynn Capital, GGV Capital, and others participating. More information »