Wednesday, November 17, 2010

Marketo Collects $25M More

San Mateo-based Marketo, a developer of software-as-a-service for managing sales leads, said today that it has raised another $25M in funding. The funding was led by Institutional Venture Partners, with participation from prior investors InterWest Partners, storm Ventures, and Mayfield Fund. The firm said the funding will go towards product, technology, and market development initiatives. The new funding comes less than 9 months after a $10M, Series D funding for the company. More information »