Domo, a data management platform provider, has raised another $131 million to its Series D round of funding, sustaining its valuation of $2 billion. The company’s Series D round in now worth more than $330 million and Domo has raised more than $590 million in total. Credit Suisse and other new investors joined the round, and existing investors also contributed to the latest funding announcement. “In a time when unicorns are constantly being de-horned for not having real businesses and getting flack for valuations, it’s validating to see the overwhelming confidence in Domo’s business from existing and new investors alike,” said Josh James, founder and CEO, Domo. “The terms of our financing have been consistently clean – no ratchets or medieval-like terms or preferences. The continued investor interest in Domo is a testament to the size of the opportunity in front of us, the feedback of our customer base and the caliber of the team we’ve assembled.”
DoorDash, a food delivery company, has raised $127 million in Series C financing led by Sequoia Capital. Existing investors Kleiner Perkins and Khosla Ventures also participated. “This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery. We plan to continue investing in our core technology to build the first software-enabled logistics company,” CEO and Co-Founder Tony Xu wrote in a blog post. “We will continue to grow and expand our operations both across the US and beyond. And we will build out our support and operations teams to continue to delight our customers by providing the very best delivery experience every single time they place an order.”
BetterWorks, enterprise software for managing employee performance, has closed a $20 million Series B investment round led by Emergence Capital. Kleiner Perkins Caufield & Byers, 8VC and all existing shareholders participated. “In a tightened economy, maximizing your team’s collective capability is mission critical,” said Kris Duggan, CEO of BetterWorks. “Business leaders in today’s climate are asked to do more with less and our solution is poised to help companies align, coordinate resources and help their people to execute at the highest level, while enabling employees to find purpose and meaning at work.”
Stratoscale, which provides software to data centers, has secured a $27 million Series C financing round. Qualcomm Ventures and all existing investors participated in the financing. Stratoscale has now raised over $70 million in funding over the past three years. “Today’s data center managers are looking to Stratoscale to help them more effectively manage their technology infrastructure. To help us scale globally, we are proud to have the support and investment from Qualcomm Ventures,” said Ariel Maislos, CEO of Stratoscale. “This investment enables us to accelerate our adoption in the market and expand operations more quickly to meet the demand for an all-inclusive data center cloud offering that is scalable and efficient. We continue to deliver on the promise of what data centers should be without the burden of being locked into legacy infrastructure that doesn’t grow with your business.”