The Salesforce and WPP-backed business data platform has set the range for an offering that would raise $202m at the top of its range.
Domo, a US-based business optimisation platform developer that counts corporates Salesforce and WPP as investors, set the terms of its initial public offering yesterday.
The company plans to issue 9.2 million shares on the Nasdaq Global Market priced between $19 and $22 per share. It would raise $202m if it floated at the top of its range.
Domo has built a cloud software platform that gathers a wide range of internal company data, enabling it to be accessed by…
