James' Domo Thanks Investors for Another $60m

In the US, Omniture founder Josh James's business intelligence firm Domo has secured a $60m Series B round of funding, bringing the total raised since its 2011 launch to more than $125m.

Domo collects and analyses marketing and CRM data, and the content of e-mails, presentations and spreadsheets - to deliver real-time intelligence to CEOs.

A year ago, the company raised $20m in a Series A extension, adding to its $33m initial Series A round raised in July 2011. The latest investement was led by GGV Capital, Greylock Partners, Jeff Bezos, Founders Fund, and Mercato Partners, with participation from previous investors IVP and Fraser Bullock.

James (pictured) comments on the funding: 'We're encouraged by the belief investors and customers have in the power of Domo to transform business. The new capital, with the experience of our A-list team of investors, gives us incredible fuel and flexibility to accelerate growth.'

Web site: www.domo.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.