Domo Raises $100M in Series D2 Extension Financing; Valued at $2.3 Billion

Domo, an American Fork, UT-based provider of a business optimization platform, closed $100m in a Series D2 extension financing.

The round, which was led by existing investor BlackRock, with participation from funds coming from international family offices in Europe and Asia, post-money valued at $2.3 billion.

The company, which has now raised close to $700M to date, intends to use the funds for its international expansion.

Led by Josh James, founder and CEO, Domo provides The Business Cloud, a business optimization platform for employees – from the CEO to the front-line worker – to optimize business performance by connecting them to the right data and people they need to improve business results.
The Business Cloud enables decision makers at brands across multiple industries including retail, media and entertainment, manufacturing, finance and more to identify and act on strategic opportunities in real time.



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