Valued at $ 2.3 billion, Domo wants to accelerate in predictive business intelligence

by bold-lichterman

Domo, the dashboard editor for businesses, wants to move up a gear in France. After raising $ 100 million in series D at the end of April, notably from the Blackrock fund, but also from European and Asian investors, the American company has enough to become the new heavyweight in business intelligence; a market estimated at 26.8 billion dollars by 2012, growing by 9.5% each year (Markets & Markets). Based in London to cover the European market, Domo is ready to accelerate in France. Something to worry about its competitors including Tableau Software or the French Zendesk (which bought Bime Analytics in 2015 ndlr).

In total, the company raised $ 690 million. Among its other investors, we find Benchmark, Fidelity Investments, Founders Fund, GGV Capital, Greylock Partners, IVP, .. On the private side, some big names in Tech such as Marc Benioff (Salesforce), Jeff Bezos (Amazon), Hiroshi Mikitani (Rakuten), Dave Duffield and Aneel Bhusri (Workday).

In France, it relies in particular on its partnership with Censio, a consulting firm specializing in information systems to acquire new clients. The solution, which is marketed in SaaS, has also just signed L’Oréal among its new customers.

Founder: Josh james

Creation date : 2010

Seat : American Fork (United States)

Workforce: 800