Wednesday, February 5, 2014

Business Intelligence SaaS Company Domo Raises $125M From TPG, Salesforce At A $825M Valuation

Domo, the SaaS business intelligence startup launched by Omniture founder Josh James, has raised $125 million in new funding from This brings the company's total funding to $250 million. This round was led by TPG Growth, the middle market and growth equity investment platform of TPG. Salesforce.com, T. Rowe Price, Fidelity Investments, Morgan Stanley, Viking Ventures and Dragoneer Investment Group also participated; while previous investors GGV Capital, Greylock Partners, IVP and Mercato Partners also were in the round. Allen & Company LLC served as an advisor.

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