Domo Closes $125M Series C Financing

Funding Rounds

▤ Summary

Domo, a Lindon, UT-based provider of a software-as-a-service (SaaS) executive management platform, closed a $125m Series C financing.The round, which brought total funding to more than $250m, was led by TPG Growth, the middle market and growth equity investment platform of TPG, which will take a board seat.Dragoneer Investment Group, Fidelity Investments, Morgan Stanley Investment Management, salesforce.com, T. Rowe Price and Viking Global Investors participated along with previous investors GGV Capital, Greylock Partners, IVP and Mercato Partners.Launched by Omniture co-founder Josh James and led by president Chris Harrington, Domo is a cloud-based executive management platform that gives users direct, real-time access to all the business information they care about.The company serves executives across the enterprise in a range of industries including media and entertainment, retail, travel and leisure, technology, healthcare, financial services and higher education.

$ Funding

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Amount $125.0M Total raised
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Date February 5, 2014 Announcement date
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Investors T. Rowe Price, HWVP Hummer Winblad Venture Partners, Salesforce Ventures, Meritech Capital Partners, Morgan Stanley Principal Investments, Viking Venture, Domo, Greylock, Mercato Partners, IVP, Fidelity Labs, TPG Growth Lead investors
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Company http://www.domo.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Business Intelligence

◇ AskAI Classifications

Labels
SaaS Business Intelligence Software Data Integration Software

▦ Linked Companies

Domo, Inc.
$100M to $250M
Salesforce
$1B+