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Business intelligence unicorn Domo files for a $100 million IPO

Domo, which provides on-demand access to real-time business data, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The American Fork, UT-based company was founded in 2010 and booked $116 million in sales for the 12 months ended April 30, 2018. It plans to list under the symbol DOMO. Domo filed confidentially on February 28, 2018. Morgan Stanley, Allen & Company, Credit Suisse, UBS Investment Bank, William Blair, JMP Securities and Cowen & Company are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Business intelligence unicorn Domo files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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