VC-backed Domo goes public

Domo Inc, a developer of cloud-based enterprise software, has debuted its IPO after pricing its 9.2 million shares at $21 per share. The stock began trading June 29, 2018 on the NASDAQ under the ticker symbol "DOMO." Morgan Stanley, Allen & Company LLC, Credit Suisse Securities (USA) LLC and UBS Securities LLC are the lead underwriters. Domo’s pre-IPO backers include Institutional Venture Partners, Benchmark Capital, BlackRock, TPG, Andreessen Horowitz and GGV.

29 June 2018•2 mins read
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