Enterprise-software startup Domo has raised another $125 million in funding, it announced Wednesday, doubling the capital that investors have put into the company. TPG Growth, an arm of investment company TPG, led the round, joined by Salesforce.com, T. Rowe Price, Fidelity Investments, Morgan Stanley, Viking Ventures and Dragoneer Investment Group. Existing investors GGV Capital, Greylock Partners, IVP and Mercato Partners also participated.TPG has been ratcheting up its investments in venture-backed startups. Last year, it backed SurveyMonkey and Uber, two hot Silicon Valley-based companies. TPG will take a Domo board seat.Domo was founded in 2011 by Josh James, who also founded online marketing-and-analytics business Omniture, which he sold to Adobe Systems for $1.8 billion in 2009. James's new company offers business analytics that can handle large amounts of data across different types of platforms. The 40-year-old James is selling it as a service, allowing companies to skip hefty up-front licensing fees in favor of pay-as-you go plans.With the latest funding, Utah-based Domo has raised just over $250 million.
Adobe Systems Incorporated (Adobe) is a diversified software company. Shares of ADBE traded higher by 1.16% or $0.69/share to $60.41. In the past year, the shares have traded as low as $37.66 and as high as $61.98. On average, 3722460 shares of ADBE exchange hands on a given day and today's volume is recorded at 2330976.
salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. Shares of CRM traded higher by 0.07% or $0.04/share to $61.00. In the past year, the shares have traded as low as $36.09 and as high as $61.49. On average, 5093920 shares of CRM exchange hands on a given day and today's volume is recorded at 1809999.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 0.52% or $0.15/share to $29.17. In the past year, the shares have traded as low as $20.16 and as high as $33.52. On average, 12202400 shares of MS exchange hands on a given day and today's volume is recorded at 7856765.
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