Josh James Bets Big To Build Domo As The First Business Cloud

Josh James dreams big.  He founded web analytics pioneer Omniture in 1996, took it public in 2006, and then sold it to Adobe for $1.8 billion in 2009. For most, that would be the accomplishment of a lifetime. As James sees it, he chides himself for not thinking big enough.  “I should have thought bigger with Omniture. It could have been bigger. It could have been a lot bigger,” says James. No one could accuse James of not thinking big this time around, not even by his own impossibly high bar. He and his team have announced their ambitions to...

Data crunching start-ups are still getting money

For start-ups in the business of crunching data, there has never been a better time to raise capital, industry watchers say. Companies leveraging and analyzing data to deliver products made up almost half of the top 10 biggest U.S. venture capital deals so far this year, according to PitchBook. These start-ups are applying data mining and analysis to industries in new ways and thus have the potential to be both substantially disruptive and extremely profitable...

Domo Brings Business Analytics to New Level with Partner Program

Data analytics provider Domo has launched a new partner program, along with what it's calling the channel's first "business cloud" for SaaS business analytics. Domo seems to be on the cusp of asserting a more dominant presence following its announcement this week at Domopalooza, its annual user conference, of big expansions in a variety of areas. The company announced $130M in new funding, a new mobile version of its business analytics platform, a new platform called Buzz that delivers business analytics through social collaboration, an app store with 1,000 apps and -- as we have already mentioned --...

Domo – Everything You’ve Always Wanted From Business Data

Do you need a business management platform that can unify every aspect of your business?  Maybe you’re thinking you’re doing just fine without. Maybe you’ve already found a platform or you’re overwhelmed by the options available online. Has everyone promised to make your life easier and more organized, but failed to deliver?   Domo is a business management platform that offers something different. It doesn’t ask you to move your operations elsewhere, reconfigure how you handle your accounting and communication and marketing and analytics, or anything like that. Instead, Domo is designed to function like your own...

$2B Domo Comes Out of Stealth Mode (Again)

When Domo, a start up formed by Omniture co-founder Josh James launched in 2011, it was backed by a healthy $43 million dollars, plus another $10 million from two angel investors — Salesforce.com CEO Marc Benioff and John Thompson, chairman of Symantec Corp.   And so today, at the Silicon Slopes, Utah-based company’s annual business conference, Domopalooza, it came as little surprise that the company announced it secured $131 million in series D funding following earlier rounds in the intervening years to reach a $2 billion valuation...

Domo Unveils ‘The Business Cloud’ App Store, Raises Additional $131M Funding at $2B Valuation

Data management cloud startup Domo announced the official launch of its product and announced another $131M funding round from BlackRock and other investors, which valued the company at $2 Billion. The new business analytics cloud platform takes data from almost any business app and pushes it into one place with real-time updates. The system which also lets users create custom mash-up dashboards, has a slick new interface, which Domo CEO and founder Josh James says, “Lets a customer manage literally every aspect of their business, in in real-time.”

CEO, Magic Johnson share ideas at Domopalooza

SALT LAKE CITY — Offering up his huge smile and infectiously warm personality, Earvin “Magic” Johnson spoke to nearly 2,000 people in attendance at the Domopalooza Conference Tuesday at Grand America Hotel. “If you over-deliver to your customers you are going to get the retention you’re looking for,” Johnson said. “But you have to over deliver.” Johnson’s quote fit the message James hoped to show his Domo client base in attendance Tuesday at Domopalooza, where James unveiled the next phase of upgrades to his already burgeoning company...  

Domo Announces $131M In Funding, Releases Business Cloud, Opens Domo Appstore

This week is Domopalooza, which means in addition to a steady dose of Flo Rida and Nelly, there’s big business news afoot. On the money raising front, Domo has announced an additional $131 million in funding from BlackRock, bringing the total capital raised to $590 million and keeping Domo steady at a $2 billion valuation. On the data front, Domo has unveiled what they’re touting as the world’s first Business Cloud, an all-encompassing data beast that provides users with every piece of data/insight that business people crave...

Domo: Companies can now do business completely in the cloud

With a pounding beat, dragons, balloons and streamers of blue, and of course the giant baby-blue rooster, Domo definitively declared it is now the Business Cloud. At the kick-off of Domopalooza Tuesday morning, founder and CEO Josh James took to the stage in the Grande America Hotel excited to share how the company has changed business for companies both large and small. And now, after months of teasing about how the company was “changing tech forever,” Domo delivered on its promise...

Domo takes on Slack with $131 million at $2 billion+ Valuation

Utah-based Domo has been a force in the enterprise space for a few years with its data management platforms, but the team is poised for growth with an additional $131 million in Series D funding from existing and new investors, including BlackRock, Credit Suisse and others. These $131 million are an addition to Domo’s previously announced $200 million Series D round...  
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