Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Domo Nabs Another Omniture Alum as Chief Scientist

brett_error-featureFormer Omniture CEO Josh James, now running the upstart business intelligence software outfit Domo, has just hired another one of his old buddies from Omniture.

Domo is expected to announce shortly that it has hired former Omniture CTO Brett Error (picture from his Twitter account). His title will be chief scientist and chief strategy officer.

Error spent 14 years as CTO of Omniture, now a unit of Adobe, and led its product development. He was also responsible for integrating technology from Omniture’s various acquisitions.

It’s the second major hire by Domo of a former Omniture exec in recent memory. Last fall, Domo named Chris Harrington, Omniture’s former president, as its president.

James led Omniture from 1996 through its IPO and subsequent acquisition by Adobe in 2006. He then bolted that company in 2009. It wasn’t long before he was out raising money, bought a software company in his home state of Utah and turned it into Domo.

Domo has a lot of investors very excited and betting that James and Co. can do it again. In March, Domo raised a $60 million Series B round led by GGV Capital and including Greylock Partners, among others. That deal gave Domo an implied valuation of $310 million.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work