Cloud-based software company Domo will expand its Utah location, and add up to 2,230 new high-paying jobs in the state in the next 10 years. The company projects capital expenditures of $30 million associated with the expansion. The company, with revenue growth of more than 20% per year, was founded in Utah in 2010 and went public in 2018.
“We’re proud to call Utah home,” said Josh James, Domo founder and CEO. “We’ve always believed that great tech companies could be built and flourish here, providing great opportunities for Utahns.”