{"id":2694,"date":"2017-04-28T12:28:49","date_gmt":"2017-04-28T16:28:49","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=2694"},"modified":"2017-05-01T15:14:42","modified_gmt":"2017-05-01T19:14:42","slug":"domo-nets-100m-series-d2-with-2-3b-valuation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/","title":{"rendered":"Domo Nets $100M Series D2 With $2.3B Valuation"},"content":{"rendered":"
\"Domo

Source: Glassdoor<\/p><\/div>\n

Domo has announced that it has closed on yet another round of venture funding, this time for $100 million. The Series D2 extension financing comes at a post-money valuation of $2.3 billion dollars. The round was led by existing investor BlackRock, with significant involvement from international family offices in Europe and Asia. Founded in 2010 and based on American Fork, UT, the SaaS provider has now raised nearly $700 million in total.<\/p>\n


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The latest influx supports the company’s goals for international expansion and continued focus on driving subscriptions to Business Cloud, the company’s business optimization platform.\u00a0Business Cloud is centered around Domo\u2019s own mobile application and includes an expansive app store of business tools that allows users to pick and choose from any of the more than 1,000 currently included apps.<\/p>\n

In a statement, Domo’s CEO Josh James spoke to the news: “As a private company, we have flexibility\u00a0to invest and experiment with revolutionary ways to\u00a0deliver data\u00a0into the hands of business decision makers, to drive more effective and efficient decisions. We\u2019ll continue to make significant investments in our platform to\u00a0ensure that both new and\u00a0existing\u00a0customers become even more successful by\u00a0leveraging\u00a0the power of Domo. The international family offices that invested in this round are delivering great leads on customers, partners and employees to accelerate our expansion in those regions.”<\/p>\n

Earlier this year, technology research giant Gartner included Domo in their newest Magic Quadrant report for Business Intelligence and Data Analytics Platforms<\/a>, associating them with some of the biggest vendors in enterprise software.<\/p>\n

Read the press release.<\/a><\/p>\n

<\/div><\/p>\n

\t\t\t

\"Insight<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Domo has announced that it has closed on yet another round of venture funding, this time for $100 million. The Series D2 extension financing comes at a post-money valuation of $2.3 billion dollars. The round was led by existing investor BlackRock, with significant involvement from international family offices in Europe and Asia. Founded in 2010 […]<\/p>\n","protected":false},"author":23,"featured_media":2696,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[57,205,561],"acf":[],"yoast_head":"\nDomo Nets $100M Series D2 With $2.3B Valuation<\/title>\n<meta name=\"description\" content=\"Domo has announced that it has closed on yet another round of venture funding, this time for $100 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim King\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/\",\"name\":\"Domo Nets $100M Series D2 With $2.3B Valuation\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/04\/oie_2817546SH7hXAY4.jpg\",\"datePublished\":\"2017-04-28T16:28:49+00:00\",\"dateModified\":\"2017-05-01T19:14:42+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#\/schema\/person\/154e152a275103e373e24ada7f2feb5c\"},\"description\":\"Domo has announced that it has closed on yet another round of venture funding, this time for $100 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/04\/oie_2817546SH7hXAY4.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/04\/oie_2817546SH7hXAY4.jpg\",\"width\":800,\"height\":350,\"caption\":\"Source: Glassdoor\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/domo-nets-100m-series-d2-with-2-3b-valuation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/business-intelligence\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Domo Nets $100M Series D2 With $2.3B Valuation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/\",\"name\":\"Best Business Intelligence and Data Analytics Tools, Software, Solutions & Vendors\",\"description\":\"BI Guides, Analysis and Best Practices\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/solutionsreview.com\/business-intelligence\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#\/schema\/person\/154e152a275103e373e24ada7f2feb5c\",\"name\":\"Tim King\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2023\/12\/tk.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2023\/12\/tk.jpg\",\"caption\":\"Tim King\"},\"description\":\"Tim is Solutions Review's Executive Editor and leads coverage on data management and analytics. 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