ET By. Investors said Domo was worth $2.28 billion -- but when it has its IPO, it could be worth just $511 million

With the IPO filing on June 1, however, the curtain has opened on Domo’s performance. Solve back-end integration of any data, at cloud scale, without moving data. Domo's guidance for the year still looks to have opportunity on top. Domo Technologies is no longer on the coveted list of unicorns, with the business intelligence company recently filing to go public at a valuation of roughly half a billion dollars. Learn more › BI and Analytics. The proposed IPO valuation implies that Domo can significantly cut back on its marketing expenses while still maintaining a relatively high growth rate. Domo is the only cloud-native platform that combines iPaaS capabilities for data integration, visualizations for real-time and predictive insights, and a foundation for building your own apps to take immediate action on those insights.

Therese Poletti Comments. However, Domo's valuation at just shy of ~4.5x forward revenues seems fair for now.

Domo, a provider of a cloud-based business intelligence and real-time data insights solution, filed for a $100M IPO.

And the picture confronting would-be buyers is not pretty. The company plans to trade under the ticker “DOMO” but did not commit to an…

Learn more Data Integration. Opinion: Domo goes low, but this IPO should still be a no Published: June 19, 2018 at 12:44 p.m.