PHILADELPHIA, PA and SILICON SLOPES, UT--(Marketwire - October 01, 2012) - Domo was named Start-Up of the Year for 2012 by The Business Intelligence Group, hosts of the 2012 BIG Awards. Domo was awarded for its new approach to business intelligence and for the momentum it has experienced in attracting top talent, investors and customers.
"We are honored to be recognized for our initiative in helping customers finally get value from the billions of dollars spent collecting and storing information about their business," said Josh James, Domo founder and CEO. "The investment and talent we've attracted has accelerated our ability to capitalize on this untapped opportunity and address pain points that are universal to executives across every industry and in every role."
"The cloud is certainly helping business become more efficient which is important in this economy, but Domo is taking it one step further by offering executives the chance to really see inside their operation by bringing together their data all in one place," said Russ Fordyce, managing director of The Business Intelligence Group. "Domo is aiming to remove the barriers to data access so nearly any size company, or any executive, can have the tools and visibility they need to compete in the global marketplace."
Domo is a cloud-based executive management platform that gives users direct, real-time access to all the business information they care about, all in one place.
With $63 million in funding, Domo is backed by an all-star list of angels and investors including Benchmark Capital, IVP, Andreessen Horowitz, Ron Conway and David Lee of SV Angel, Hummer Winblad, plus the who's who of SaaS and Internet technology.
Domo's founding team consists of some of the most sought after talent in the industry with experience that includes Amazon, American Express, Ancestry.com, eBay, Endeca, Facebook, Google, LinkedIn, MLB.com, Omniture, salesforce.com and SAP.
For more information, visit http://www.domo.com/.
About Business Intelligence Group
The Business Intelligence Group, creators of the BIG Awards, was founded with a mission of recognizing true talent and superior performance in the business world. Unlike other award programs, real business people, those with experience and knowledge, judge the BIG Awards. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above their peers.
The 2012 BIG Awards will be expanding in early 2013. For more information visit www.bigawards.org.