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‘Unicorn’ Domo unveils new business analytics cloud features, more funding

Brandon Butler | March 23, 2016
Domo has raised US$590 million on a US$2 billion valuation.

Domo’s paid version starts at $95 per user per month, and ranges to $250 per user per month for the enterprise package, which requires a $50,000 platform fee too. There could be additional data storage costs on some plans. More pricing information can be found here

Domo funding

Domo has closed another $131 million in funding to bring its total to $590 million at a $2 billion valuation (startups valued at more than $1 billion are referred to as “unicorns”). Domo competes with publicly-traded Tableau Software, among others. Investors include Benchmark, BlackRock, Fidelity Investments, GGV Capital, Greylock Partners, IVP, Salesforce.com, TGP Growth, T. Rowe Price and Zetta Venture Partners. Domo says its product is already on a $100 million run rate.

Domo’s CEO is Josh James, whose previous startup -- Omniture -- was purchased by Adobe for $1.8 billion in 2009 and became the company’s Marketing Cloud.

 

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