Domo

Domo

Domo sells its main businesses for $400 million, leaving founder Josh James with a hoard of cash to put to work

Finance July 23, 2026

Progress Software agreed to buy Domo’s AI and data business for $400 million, ending a tumultuous chapter for tech executive Josh James. It’s not the end, though.Progress, a public software company with a $1.5 billion valuation, will buy almost all of Domo’s operations and employees and assume some of its…

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