Domo doubles revenue growth over last quarter

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By Joey Ferguson

AMERICAN FORK — Domo, a Utah-based business intelligence company, announced 100 percent revenue growth over its previous quarter, according to a statement from the company released today.

Since beginning active sales in August 2012, the company has signed more than 200 customers.

“Today, roughly 90 percent of our deals involve CEOs or C-level executives,” said Josh James, CEO of Domo, in a statement. “I think there is no other enterprise software company in history that has had this type of response from the C-suite.”

Nearly 30 percent of the company’s revenue comes from Fortune 2000 companies, according to the statement.

Domo has raised more than $125 million in funding from investors including Benchmark, Greylock Partners and Andreessen Horowitz.