Domo Closes $200M Series D Financing; Valued at $2 Billion

Domo, an American Fork, UT-based provider of a business management platform, closed a $200m Series D financing.

The round, which brought total funding to more than $450m and valued the company at $2 billion, with participation from Capital Group, Glynn Capital Management and previous investor GGV Capital.

The company intends to use the funds to grow adoption of its just launched business management platform (read here).

Led by Josh James, founder and CEO, Domo provides a cloud-based business management platform that allows CEOs, managers and decision makers across the business to connect, prepare, visualize, collaborate and optimize around data for better decision making and improved performance.

To date, the company has signed more than 1,000 customers including brands across all industries.

FinSMEs

09/04/2015