Here’s which states are most innovative in America

After months of accounting and analysis, 10 states stand out as Innovation Champions – those top performers at the forefront of innovation and friendly business practices in America. The results may surprise you. ... On the other hand, favorable employment laws, tax-friendly policies and strong business sustainability practices earned states such as Utah the top-tier Innovation Champion title. A competitive tax system lets businesses keep more of the money they make, drives job creation and boosts investment in research and development. Utah’s low-tax system has earned the state a new nickname: “Silicon Slopes.” Start-ups that call Utah home include Vivint,...

Domo emerges from stealth with $200m funding, $2bn valuation

Business management platform Domo has emerged from stealth with a $200 million Series D financing round, at a valuation of $2 billion. The round was led by BlackRock, with participation from Capital Group, Glynn Capital Management and previous investor GGV Capital. The company has now publicly unveiled its cloud-based platform, after raising more than $450 million to date. “No one has been able to make BI work, especially that last mile of making data directly available to the business user,” said Josh James, Domo founder and CEO. ...

Domo raises $200m Series D, obtains unicorn status with $2b valuation

Business Intelligence startup Domo Inc. has raised $200 million Series D in a round led by BlackRock that also included Capital Group, Glynn Capital and GGV Capital. Founded by former Omniture CEO Josh James in 2010, the company has remarkably been in stealth mode until this week, despite having 1,000 clients and making over $100 million a year; clients were forced to sign non-disclosure agreements to even see a demonstration of Domo’s offering. ...

Will Enterprises Come to the Domo BI Party? #Domopalooza

The former Omniture chief who sold his company to Adobe for $1.8 billion brought his new organization out of stealth mode this week. He claims American Fork, Utah-based Domo offers the "world's first business management platform." Josh James said Domo will help companies get "meaningful value from business data" and collaborate better. The move comes less than six years after James sold Omniture. ...

Secret Magical Startup Emerges Into Universe Worth Billions

Sometimes Silicon Valley is just too much. Today is one of those times. After four years of silent running, Utah-based data management startup Domo is coming out of nowhere with a $2 billion valuation, based on its $100 million revenue run rate. Today, Domo announces the official launch of its product and the news of a $200 million Series D round of financing led by BlackRock — bringing it up to $450 million in total funding, and making it the latest member of the so-called Unicorn Club of startups valued at over $1 billion. ...

A startup swore 1,000 customers to secrecy so it could come out of nowhere at a $2 billion valuation

After four years of silent running, Utah-based data management startup Domo is coming out of nowhere with a $2 billion valuation, based on its $100 million revenue run rate. Today, Domo announces the official launch of its product and the news of a $200 million Series D round of financing led by BlackRock — bringing it up to $450 million in total funding, and making it the latest member of the so-called Unicorn Club of startups valued at over $1 billion. And the founder thinks that valuation is cheap: "I think our investors got the deal of the century," says...

Domo Reveals Its Business Software, Raises $200 Million At $2 Billion Valuation

Josh James is having a coming-out party five years in the making. After years of tinkering in semi-secrecy in Salt Lake City, James’ company Domo has finally exited stealth, showing off its business management platform to 1,000 attendees at its first user conference and announcing another major funding round that values the company at $2 billion. “This is like five startups in one,” James says as the buzz of attendees at Domopalooza is audible in the background. “It’s been a beast of a project and it’s something that doesn’t exist in your organization today.” ...

Reviewing Your Corporate Life in Real Time

A long-anticipated product from a showman of business technology — and who runs a company now valued in the billions — made its official debut on Wednesday. The product’s ambitions, and weaknesses, say much about the current state of a fast-changing market. Short version: Domo, as the company and product are known, shows how much companies are drawing on all sorts of online data to move quickly, and need ample amounts of flashy graphics to consume that information quickly. The problem is, plenty of other companies have figured that out too. This risks being a little creepy. ...

Domo, Valued at $2 Billion in Latest Funding, Prepares for IPO

Domo Inc. has decided its business management platform is ready for prime time and raised $200 million from investors at a $2 billion valuation to bankroll its next act: scaling sales. The five-year-old company counts more than 1,000 customers and hit an annual revenue run rate of $50 million in December 2014, but sales have been less of a priority than perfecting the product that allows businesses to access all of its information from any device. ...

Domo valued at $2 bln in new funding round

Domo, a cloud based-management platform provider, said it had closed a $200 million round of funding that values the company at $2 billion. The Series D financing round led by BlackRock Inc, also includes Capital Group, Glynn Capital and GGV Capital, the company said. Domo, which counts Ebay Inc, The Sage Group Plc , Telus Corp and National Geographic among its customers, has received more than $450 million in funding so far, the company said. ...
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