Tuesday, April 2, 2013

Marketo Files For IPO

San Mateo-based Marketo, which develops online marketing automation software, has filed for its IPO, saying Tuesday that it is looking to raise $75.0M on the The NASDAQ Global Market under the symbol "MKTO". The company's IPO is being underwritten by Goldman, Sachs & Co., Credit Suisse, William Blair, Canaccord Genuity, Raymond James, and JMP Securities. Marketo is venture backed by InterWest Partners, Storm Ventures, Mayfield Ventures, Battery Ventures, and others. The company reported a net loss of $34.38M on total revenues of $58.4M for the year ended December 31, 2012.