Description
Domo is an American computer software corporation headquartered in American Fork, Utah, United States.Domo was founded in 2010 by Josh James who also cofounded web analytics software company Omniture in 1996, which he then took public in 2006. In 2009, three years after taking the company public, James sold Omniture to Adobe Systems Inc. for $1.8 billion.
After a year at Adobe, James left to start Shacho, Inc. As one of its first moves, Shacho purchased Lindon-based Corda Technologies in October 2010, which had grown to about $10 million in annual revenue. James then changed Shacho's name to Domo, which means thank you in Japanese. He then focused Domo on helping CEOs and other executives change the way they manage their business.
The company has raised a total of $250 million. Benchmark Capital, Andreessen Horowitz, Ron Conway and David Lee of SV Angel, Hummer Winblad, salesforce.com’s Marc Benioff and Fraser Bullock of Sorenson Capital invested the first $43 million Later on in 2011, $20 million came from Silicon Valley-based Institutional Venture Partners, which previously invested in Josh James’ previous start-up, Omniture. In 2013, the company announced $60 million from GGV Capital, Greylock, Bezos Expeditions and Co-CEOs of Workday, Aneel Bhusri and Dave Duffield. In February 2014, Domo announced Series C funding of an additional $125 million from TPG Growth, T. Rowe Price, Fidelity Investments, salesforce.com, Morgan Stanley Investment Management, Viking Global Investors and Dragoneer Investments Group. Existing investors GGV Capital, Greylock Partners, IVP and Mercato Partners also participated.
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| Twitter: | Cordatech |
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| WebSite: | http://www.domo.com/ |
Company Products
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