Domo valued at $2 bln in new funding round
April 8 (Reuters) - Domo, a cloud based-management platform provider, said it had closed a $200 million round of funding that values the company at $2 billion.
The Series D financing round led by BlackRock Inc (NYSE: BLK - news) , also includes Capital Group, Glynn Capital and GGV Capital, the company said.
Domo, which counts Ebay Inc (Xetra: 916529 - news) , The Sage Group Plc , Telus Corp and National Geographic among its customers, has received more than $450 million in funding so far, the company said.
The company's platform lets customers to view business data in a visual format.
The company has signed more than 1,000 customers and said it would close over $100 million in business this year. (Reporting by Kshitiz Goliya in Bengaluru; Editing by Simon Jennings)