Domo Selected by AlwaysOn as One of the AlwaysOn Global 250 Companies to Watch

Published on Tuesday, 17 July 2012 15:43 Written by TradersHuddle Staff

SILICON SLOPES, Utah, July 17, 2012 (GLOBE NEWSWIRE) -- Domo, founded by Omniture co-founder and longtime CEO Josh James, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 Companies to Watch. Domo is a new cloud-based venture designed to redefine the business intelligence market and transform the way business is managed. Domo's inclusion in the AlwaysOn Global 250 Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Domo was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

Domo and the AlwaysOn Global 250 Companies to Watch will be honored at AlwaysOn's 10th annual Innovation Summit at the Computer History Museum in Mountain View, California on July 23, 2012.

This two-day executive gathering highlights the significant economic, political and commercial trends affecting the global technology industries. Innovation Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.

"With a quickly maturing mobile and on-demand market, opportunities for technology innovation are opening up almost faster than entrepreneurs can respond. Application developers are now bringing their disruptive skills to the corporate and enterprise world, giving scope and purpose to users in the business world. Coupled with a massive smartphone and tablet adoption, the opportunities for this year's up-and-comers are unlimited," says Tony Perkins, founder and editor of AlwaysOn. "This explosive market is being driven in large part by the companies that made this year's AlwaysOn Global 250 Companies to Watch list. We congratulate the AlwaysOn Global 250 Companies to Watch, companies that our editors believe represent some of the highest-growth opportunities in today's private company marketplace."

The AlwaysOn Global 250 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.

A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/AOStory/Announcing-2012-AlwaysOn-Global-250-Top-Private-Companies.

About Domo

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, Andreessen Horowitz, IVP, Ron Conway and David Lee of SV Angel, Hummer Winblad, plus the who's who of SaaS and Internet technology.

Domo's funding 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 www.domo.com

The Domo logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13678

About AlwaysOn

AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors and advertisers like no other media brand.

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