Tuesday, March 5, 2013

Marketo Plans IPO

San Mateo-based Marketo, which develops online marketing automation tools, said it is planning a registered initial public offering of its common stock this morning. The firm said it expects the offering to commence after an SEC review of a draft registration statement it submitted on February 25th. Marketo is venture backed by Battery Ventures, Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures. No other details on the IPO have been released.