Domo raises $125 million in funding

Posted Feb 5, 2014

Domo is an enterprise software company that has raised $125 million in funding. TPG’s investment company arm TPG Growth led this round of funding. Other investors that participated in this round include, T. Rowe Price, Fidelity Investments, Morgan Stanley, Viking Ventures, Dragoneer Investment Group, GGV Capital, Greylock Partners, Institutional Venture Partners, and Mercato Partners.

Domo was founded by Josh James, who is known for launching analytics company Omniture. Omniture was sold to Adobe Systems for $1.8 billion in 2009.

Domo offers business analytics and can handle a large amount of data. Domo has raised slightly over $250 million with this new round of funding.