Domo, a Lindon, UT-based provider of a software-as-a-service (SaaS) executive management platform, closed a $125m Series C financing.
The round, which brought total funding to more than $250m, was led by TPG Growth, the middle market and growth equity investment platform of TPG, which will take a board seat. Dragoneer Investment Group, Fidelity Investments, Morgan Stanley Investment Management, salesforce.com, T. Rowe Price and Viking Global Investors participated along with previous investors GGV Capital, Greylock Partners, IVP and Mercato Partners.
The company intends to use the funds to further expand sales.
Launched by Omniture co-founder Josh James and led by president Chris Harrington, Domo is a cloud-based executive management platform that gives users direct, real-time access to all the business information they care about. The company serves executives across the enterprise in a range of industries including media and entertainment, retail, travel and leisure, technology, healthcare, financial services and higher education.
Domo is hiring.
06/02/2012: Domo Raises $20m from Institutional Venture Partners
11/03/2013: Domo Raises $60M in Series B Financing