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.
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