The software automation space continues to grow. Marketo announced plans to file a $75 million initial public offering (IPO) to build out its marketing software platform. The company raised $108
million in total, the latest round about $50 million led by Battery Ventures. Marketo will trade under the ticker “MKTO” on the Nasdaq. Goldman, Sachs & Co. and Credit Suisse are
listed as leads for the offering. In a U.S. Securities and Exchange Commissions filing, the company reports generating revenue of $14 million, $32.4 million and $58.4 million in 2010, 2011 and 2012,
respectively, representing year-over-year increases of 131% and 80%, respectively.