Around the Net
Marketo Files $75M IPO
- Venture Beat, Wednesday, April 3, 2013 3:30 PM
Marketo Files $75M IPO Marketing automation software firm Marketo filed for a $75 million IPO, on Monday. From 2010 to 2012, Marketo’s revenue grew from $14 million to $58.4 million, the company revealed in a statement. Yet, “the company experienced net losses of $11.8 million, $22.6 million, and $34.4 million for the years 2010-2012 respectively,” VentureBeat reports. In its S1 filing, Marketo also revealed a heavy dependence its relationship with Salesforce.com. http://venturebeat.com/2013/04/02/marketing-software-company-marketo-files-for-a-75m-ipo/
