Domo Named to the 2014 Emerging Elite by MWCN
SILICON SLOPES, UTAH — September 15, 2014 — Domo, a software-as-a-service venture redefining the business intelligence market and transforming the way business is managed, today announced that it has been recognized as a 2014 Emerging Elite company by MountainWest Capital Network (MWCN).
The 2014 Emerging Elite is part of MWCN’s annual Utah 100 award program, recognizing top growth companies in the state. The Emerging Elite are chosen from those companies that have been in business between two and five years and show significant promise for future growth and success.
Domo and the 2014 Emerging Elite companies will be honored as part of MWCN’s 20th annual Utah 100 Event at the Grand America Hotel on October 21 in Salt Lake City. A full list of all the Emerging Elite and Utah 100 winners can be found on the MWCN website: http://www.mwcn.org/mwcn-20-years-utah-100-2014/.
MountainWest Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success.
This special recognition comes as Domo experiences strong market momentum. The company recently announced 40% sequential quarter-over-quarter sales growth and, after only two years of selling, more than 600 paying customers. Domo recently added former SuccessFactors CFO Bruce Felt, and former Adobe and HP strategist Paul Weiskopf, to its management team.
Domo is a cloud-based executive management platform that gives users direct, real-time access to all the business information they care about, all in one place.
With more than $250 million in funding, Domo is backed by an all-star list of angels and investors including Benchmark, Fidelity Investments, Founders Fund, GGV Capital, Greylock Partners, IVP, salesforce.com, TPG Growth, T. Rowe Price, WPP and Zetta Venture Partners, plus CEOs of the world’s largest SaaS and Internet businesses.
Domo’s founding team consists of some of the most sought after talent in the industry with experience that includes Amazon, American Express, Ancestry.com, eBay, Endeca, Facebook, Google, LinkedIn, MLB.com, Omniture, salesforce.com and SAP.