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New Deal


Announced

Completed

Great Hill Partners led a $100m funding found in Domino Data Lab.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software development

Domestic

Completed

United States

Venture Capital

Minority

Acquisition

Private Equity

Software

Friendly

Private

Synopsis

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Great Hill Partners, a private equity firm, led a $100m funding found in Domino Data Lab, a developer of an enterprise data science management platform. Additional investors include NVIDIA, Coatue Management, Highland Capital Partners and Sequoia Capital. “As enterprises advance their adoption of machine learning, they increasingly require an enterprise-grade, open platform to orchestrate and manage these workloads – and Domino perfectly meets this growing market need. Speaking with Domino's impressive roster of customers completely validated our great conviction in the company, and we have been particularly impressed by their stories about the massive ROI Domino has driven for them. We are thrilled to partner with Nick and the rest of the Domino team to help drive their next phase of growth," Derek Schoettle, Great Hill Partner.

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