The Launch
Follow the rise of Domo as we deliver the user experience the business intelligence industry has been missing for 25 years.
October 2010 — Shacho Inc., a technology holding company founded in 2010 by Josh James to address fundamental problems in the business intelligence market, acquires Corda Technologies as one of the first steps to deliver on Josh's vision.
May 2011 — Shacho Inc. announces that Josh has raised $10 million in angel funding from some of the most esteemed visionaries and leaders in the technology industry.
June 2011 — Josh and team retire
the Corda brand in style.
the Corda brand in style.
June 2011 — The yet-to-be named new company launches a contest worth $10,000, inviting people to solve a complex math equation and puzzle, the solution to which reveals the new company name.
June 2011 — Huge response to the math equation and puzzle, with nearly 10,000 downloads of the equation and a few hundred people making it past the first milestone. A reader of Arik Hesseldahl's AllThingsD column even posted part of the solution, so hundreds of calls started flooding in by the hour from people who thought they solved the problem. But in the end, it was local wonderkind JT Olds who finally solved the puzzle in record time.
July 2011 — At a mid-summer launch event, Josh and team unveil Domo, a new SaaS company that helps executives transform the way they run their business and get value from the tens of billions of dollars that have been spent on traditional business intelligence systems. The event is attended by hundreds of business leaders and executives, including Senator Orrin Hatch, Paul Kwan, Dave Clark, Todd Pedersen, Dave Bateman, Blake Modersitzki, and Matt Cohler.
