Domo Sold to Progress for $400M | Salt Lake City News

Salt Lake City News Today | 2 Min News | The Daily News Now! · Jul 24, 2026 · 1m

Domo, Utah’s tech darling and once a $2B unicorn, is being acquired by Progress Software for $400M — a major win for the “Silicon Slopes” ecosystem. Founded by Josh James, the visionary behind the term “Silicon Slopes” and former Omniture founder (sold to Adobe for $1.8B), Domo’s journey from startup to IPO turbulence to strategic acquisition marks a pivotal moment for Utah’s tech scene. Though Domo will operate independently under a new ticker with slashed costs, this deal signals Progress Software’s bold move to merge enterprise power with Domo’s analytics platform — and cements Utah’s…