Domo, the once secretive $2 billion software company led by Josh James, is moving to go public

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Domo CEO Josh James

The Utah darling held its IPO kickoff meeting last week.

The business software company Domo, last valued at over $ 2 billion, is moving to go public, Recode has learned.

Domo last week held its “organizational meeting,” which generally serves as the formal kickoff in advance of an IPO filing with the Securities and Exchange Commission, according to sources. The company is pursuing a confidential filing with the SEC; it isn’t clear if the company has already filed or instead will do so within the next few weeks.

The filing would be the latest IPO in a flurry of listings, especially in the enterprise sector. And it would offer a payday to the cross section of venture funds that have financed the eight-year-old company’s growth, like GGV Capital, TPG and Benchmark.

It would also be a substantial exit for the so-called Silicon Slopes region of Utah: Domo, led by prominent entrepreneur Josh James, is based in a suburb of Salt Lake City. James is well known as the co-founder of Omniture, an analytics company that was sold to Adobe for almost $ 2 billion.

Domo declined to comment.

Domo has long teased an IPO — James told Recode as early as April 2015 that his company would be ready to go public in the next six months. And a company could always back off after the so-called org meeting or even after the filing, but this is a definite step in the IPO planning process.

The org meeting typically begins a one- to two-month process that includes the drafting of the paperwork that is filed with the SEC. The company’s leadership, its board, lawyers, bankers and financial advisers gather to chart how and when exactly the company will file and sell itself to Wall Street. A company though isn’t bound to file, and could eventually delay the listing, back off altogether or get acquired at the last minute.

The company hired banks to advise their IPO as far back as April 2016, but its momentum toward a public offering had stalled. Domo raised another round of financing in early 2017, pushing back the IPO as part of an attempt, as James said at the time, to remain private as long as humanly possible.

After somehow operating in stealth for almost five years, Domo emerged in 2015 with a $ 2 billion valuation. The company offers to businesses a portal that visualizes company and customer data — a live view of all sorts of things a CEO might need to know about his or her company in one software platform. Competitors include the still-private Looker and the now-public Tableau Software.

Domo’s IPO would be the latest high-profile listing at a time when private companies apparently feel the public markets will be friendly to startups. Spotify and Dropbox shares have begun trading over just the last few weeks, and a pair of other cloud-based companies, Zscaler and Zuora, have filed to follow suit this spring.

Advising Domo’s offering are Morgan Stanley and Credit Suisse. The banks declined to comment.

Recode – All

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Samsung Galaxy S6 and S6 edge will no longer receive software updates

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Samsung Galaxy S6 hands-on

Three years after its launch, it looks like the Samsung Galaxy S6 is done getting software updates.

Samsung has quietly removed the Galaxy S6 and Galaxy S6 edge from its Android Security Updates page, suggesting that those devices will not receive any more updates going forward. The S6 edge+ and S6 Active are still in the Monthly Security Updates section, so it appears that they’ll still get updates for now.

The Galaxy S6 and S6 edge came out 3 years ago, so it’s not too surprising that Samsung has decided to end update support for them. That’s actually a pretty long run of update support compared to most other Android devices. Now it looks like the GS6 and GS6 edge will remain on the software that they’ve got, though, so owners may want to start thinking about picking up a new device.

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BlackBerry Priv receives a software update

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BlackBerry devices might not be the most popular these days, but they still have a loyal fanbase that deserves to receive proper software updates, when necessary. Latest info says a new firmware is seeding to the BlackBerry Priv. The version number changed to AAW068, although the security patch level remains unchanged. Given that there are no new visible new features or UI changes we are most likely looking at a critical vulnerability fix. Weighing a bit over 100 MB, the patch might have problems with verification, but you can follow the Source link below for instructions on…

GSMArena.com – Latest articles

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OnePlus 6 will get option to hide the notch in a post-launch software update

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Like it or not, the OnePlus 6 is going to have a notch. In an attempt to soften the blow and deal with the inevitable criticism ahead of the phone’s launch, OnePlus has been bullish about the inclusion. Co-founder Carl Pei did an interview in which he explained the decision and its various merits, and CEO Pete Lau started up a thread on the company’s forum to engage with fans on the subject.

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OnePlus 6 will get option to hide the notch in a post-launch software update was written by the awesome team at Android Police.

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Grab these last-minute deals on tax software for Macs before the April 17 deadline

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Tax Day 2018 falls on April 17 this year, and although taxpayers get a couple extra days to file 2017 returns, you’ll need the right tools to get the job done. AppleInsider is rounding up the best tax prep software and filing tools for Mac users — to not only meet, but beat, the deadline.
AppleInsider – Frontpage News

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Bassgate: Did software update sap HomePod audio?

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Apple’s software update released yesterday for the new HomePod may have altered the sound quality on its smart speaker. Many angry HomePod owners that installed the update yesterday have taken to Twitter and Reddit claiming Apple’s fine-tuning of the speaker with the update has totally ruined how some songs sound. Most HomePod owners that have […]

(via Cult of Mac – Tech and culture through an Apple lens)

Cult of Mac

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Mac Desktop Extension Software Duet Display Rendered Inoperable in macOS 10.13.4

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Users of popular Mac desktop extension app Duet Display are being advised not to update to macOS 10.13.4, due to “critical bugs” that prevent the software from communicating with connected iOS devices used as extra displays.

When installed on a Mac and an iPad (or iPhone) and the two devices are connected using a Lightning cable or 30-pin connector, Duet allows users to extend their macOS desktop space on the Retina display of the iOS device. However, unspecified changes in the latest update to macOS High Sierra, released by Apple yesterday, causes the Duet client app to hang, and users are being advised to hold back from upgrading, at least for now.


The critical issue was highlighted by Duet’s ex-Apple developers in a blog post on the Duet support site, quoted from below.

Unfortunately, the upcoming version of macOS has several critical bugs that make it impossible for Duet to work properly. We have alerted Apple to their issue, but we have not received a concrete timeline on a fix. These features continue to work as expected in 10.13.3.

Duet’s developers are recommending that users contact Apple through the company’s online bug reporting form to get the issue prioritized. In the meantime, the developers are “actively looking” into workarounds to reinstate Duet’s functionality in macOS 10.13.4.

Duet Display is priced at $19.99 in the App Store, and unlocking the Pro features to turn the iPad Pro into a drawing tablet costs an additional $19.99 per year through an in-app subscription. Duet Display is available from the App Store. [Direct Link]

Related Roundup: macOS 10.14

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Apple Engineer Who Died in Tesla Crash Complained About Its Software

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An Apple engineer who died last Friday, when the new Tesla Model X he was driving crashed into a barrier, may have brought up concerns about the vehicle’s Autopilot functionality previously. Walter Huang, 38, died in the accident in Mountain View, California when he was on his way to work at Apple. The Tesla Model […]
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How To Update Apple HomePod Software / Firmware To Latest Version

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Here’s a guide on how to update your Apple HomePod software or firmware OS to latest version, complete with step by step instructions.

[ Continue reading this over at RedmondPie.com ]

Redmond Pie

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Apple releases its first HomePod software update, bringing the speaker’s operating system up to version 11.3

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Apple has issued a software update to the HomePod alongside updates for iOS 11.3, tvOS 11.3, and watchOS 4.3, bringing the firmware for the smart speaker up to version 11.3, with today’s release also marking the first update of the audio device’s software since it shipped.
AppleInsider – Frontpage News

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