Marketo

Marketo is a marketing-technology brand focused on marketing automation, lead management, account-based marketing, customer engagement, and related marketing services. The business was established in 2006 by Phil Fernandez, Jon Miller, and David Morandi, who had previously worked at enterprise-software company Epiphany. Its initial proposition was to give business-to-business marketing teams software for managing prospects, automating campaigns, measuring engagement, and coordinating marketing activity with sales operations. The company developed its early product portfolio around lead management and campaign automation. Marketo Lead Management, introduced in 2008, provided tools for capturing, scoring, nurturing, and routing leads. Marketo Sales Insight followed in 2009, extending the platform toward sales users by helping representatives understand prospect activity and marketing engagement. Marketo Revenue Cycle Analytics, introduced in 2010, added analytical capabilities intended to connect marketing activity with revenue performance. Together, these products positioned Marketo as a revenue-oriented marketing platform rather than simply an email-campaign application. Marketo expanded through acquisitions and ecosystem development. In April 2012, it acquired Crowd Factory, adding social-media marketing capabilities to its application suite. Later that year, it introduced LaunchPoint, an app and service network designed to connect Marketo with complementary marketing, sales, analytics, and business applications. In December 2013, Marketo acquired Insightera, an Israeli company specializing in website personalization, for a reported combination of cash and stock valued at approximately $20 million. The transaction broadened Marketo's capabilities beyond lead nurturing into individualized web experiences. Marketo completed an initial public offering on May 17, 2013. Its period as a public company ended after Vista Equity Partners agreed in 2016 to acquire the business for approximately $1.79 billion. The acquisition was completed in August 2017, and Steve Lucas became Marketo's chief executive officer in October 2016. During the Vista ownership period, Marketo announced a six-year partnership with Google to move its marketing-automation software onto Google Cloud Platform and integrate Google's tools with Marketo products. That cloud migration initiative was paused in 2019. Adobe Systems announced on September 20, 2018, that it would acquire Marketo for $4.75 billion. The acquisition placed Marketo within Adobe's broader marketing, analytics, advertising, and commerce portfolio and strengthened Adobe's enterprise business-to-business marketing offering. Under Adobe ownership, Marketo's technology and product identity have been associated with Adobe's customer-experience ecosystem, particularly Adobe Experience Cloud. Marketo remains best known for marketing automation and account-based marketing, although the standalone corporate company that was once publicly listed is no longer independent.

Marketo was founded in 2006 by Phil Fernandez, Jon Miller, and David Morandi, former employees of Epiphany. The founders created the company to address the growing need for software that could automate business-to-business marketing while giving marketing departments better ways to demonstrate their contribution to sales and revenue. The first phase of Marketo's development centered on lead management. Marketo Lead Management was launched in 2008 and gave marketers tools for collecting prospect information, assigning scores, running nurture programs, and passing qualified leads to sales teams. Marketo Sales Insight followed in 2009, bringing marketing-engagement information into the sales process. In 2010, Marketo Revenue Cycle Analytics added reporting intended to help organizations evaluate the relationship between marketing programs, pipeline development, and revenue outcomes. The company broadened its platform through both product development and acquisitions. In April 2012, Marketo acquired Crowd Factory, whose technology enabled additional social-media marketing functions. Later in 2012, Marketo introduced LaunchPoint, an application and service network that supported integrations with other marketing and business systems. This ecosystem approach helped Marketo operate as part of a wider enterprise technology stack rather than as an isolated campaign-management product. Marketo acquired Insightera in December 2013. Insightera specialized in website personalization, allowing Marketo to extend its capabilities toward individualized digital experiences. The transaction complemented Marketo's existing lead-management and campaign-automation tools by adding a way to tailor website content and interactions according to visitor characteristics or behavior. Marketo filed for an initial public offering and began trading publicly on May 17, 2013. Its public-company period ended when Vista Equity Partners announced an agreement in June 2016 to acquire it for approximately $1.79 billion. The acquisition was completed in August 2017. Steve Lucas was named chief executive officer in October 2016, during the transition to Vista ownership. In August 2017, Marketo announced a six-year partnership with Google involving a planned migration of its marketing-automation software to Google Cloud Platform and integration of Google tools with Marketo's products. The initiative was subsequently paused in 2019. The company then underwent a larger ownership transition. On September 20, 2018, Adobe Systems announced a $4.75 billion agreement to acquire Marketo. The transaction brought Marketo into Adobe's enterprise marketing and customer-experience portfolio, alongside Adobe's analytics, advertising, content, and commerce technologies. After the Adobe acquisition, Marketo's standalone corporate identity became less distinct, while the Marketo product identity continued to be associated with marketing automation and account-based marketing. Its historical product scope included lead management, sales enablement, revenue analytics, website personalization, social-media marketing, application integrations, and related marketing services such as search-engine optimization and content creation. Marketo is therefore best understood today as an Adobe-owned enterprise software brand whose principal legacy is its role in the development of modern business-to-business marketing automation.

• 2018

  Adobe announces Marketo acquisition

  [1]Marketoen.wikipedia.org

  Adobe announces a $4.75 billion transaction to acquire Marketo.

• 2017

  Vista Equity Partners completes acquisition

  [1]Marketoen.wikipedia.org

  Marketo becomes privately owned after completion of Vista Equity Partners' acquisition.

• 2013

  Initial public offering

  [1]Marketoen.wikipedia.org

  Marketo becomes publicly traded on May 17, 2013.

• 2013

  Insightera acquisition

  [1]Marketoen.wikipedia.org

  Marketo acquires website-personalization company Insightera.

• 2012

  Crowd Factory acquisition

  [1]Marketoen.wikipedia.org

  Marketo acquires Crowd Factory to expand social-media marketing capabilities.

• 2010

  Marketo Revenue Cycle Analytics launches

  [1]Marketoen.wikipedia.org

  The company adds analytics for examining marketing performance across the revenue cycle.

• 2009

  Marketo Sales Insight launches

  [1]Marketoen.wikipedia.org

  Marketo adds a sales-oriented product that surfaces marketing engagement and prospect activity for sales teams.

• 2008

  Marketo Lead Management launches

  [1]Marketoen.wikipedia.org

  The company introduces its lead-management product, establishing the foundation of its marketing-automation portfolio.

• 2006

  Marketo is founded

  [1]Marketoen.wikipedia.org

  Phil Fernandez, Jon Miller, and David Morandi establish Marketo after working at Epiphany.

Enterprise marketing-automation and account-based-marketing software designed to connect demand generation, lead management, sales coordination, personalization, and revenue measurement.

• Marketing automation · 2008

  Marketo Lead Management

  Launched in 2008, Marketo Lead Management formed the core of the company's early platform. It supported prospect capture, lead scoring, nurturing, qualification, and routing between marketing and sales teams. The product represented Marketo's central promise: automating repetitive demand-generation activity while allowing marketers to coordinate programs and evaluate the movement of prospects through the buying process.

• Sales and marketing intelligence · 2009

  Marketo Sales Insight

  Introduced in 2009, Marketo Sales Insight connected marketing activity with the work of sales representatives. It was designed to make prospect engagement, campaign responses, and other behavioral signals more visible to sales users, helping them prioritize follow-up and understand the context behind marketing-qualified leads.

• Marketing analytics · 2010

  Marketo Revenue Cycle Analytics

  Launched in 2010, Revenue Cycle Analytics focused on measuring marketing activity across the path from initial engagement to pipeline and revenue. Its emphasis reflected Marketo's positioning of marketing automation as a commercial and revenue-management function, rather than solely as a communications tool.

• Application ecosystem · 2012

  LaunchPoint

  Introduced in 2012, LaunchPoint was an application and service network built around Marketo. It supported connections to complementary marketing, sales, analytics, and business applications, helping customers assemble a broader marketing-technology environment around Marketo's automation platform.

• Marketing automation and account-based marketing

  Marketo Engage

  Marketo Engage is the brand's enterprise marketing-automation offering and is associated with lead management, nurture programs, account-based marketing, campaign execution, engagement measurement, and coordination between marketing and sales. Following Adobe's acquisition, it became part of Adobe's wider Experience Cloud strategy.

• 2018

  Adobe acquisitionM&A

  Background

  Adobe sought to strengthen its enterprise marketing and customer-experience software portfolio with Marketo's business-to-business marketing-automation capabilities.

  Action taken

  Adobe announced an agreement on September 20, 2018, to acquire Marketo for $4.75 billion.

  Aftermath

  Marketo became an Adobe-owned enterprise marketing brand and was aligned with Adobe Experience Cloud.

  Acquisition value. $4.75 billion (Announced September 20, 2018)

  Source

• 2017

  Plan migration to Google Cloud PlatformStrategy

  Background

  Marketo announced a six-year partnership with Google to modernize the hosting of its marketing-automation software and connect Google's tools with Marketo products.

  Action taken

  Marketo announced plans to move its marketing-automation software onto Google Cloud Platform as part of the partnership.

  Aftermath

  The migration initiative was paused in 2019.

  Source

• 2013

  Acquire InsighteraM&A

  Background

  Marketo wanted to add website personalization to its existing marketing-automation and lead-management capabilities.

  Action taken

  Marketo acquired Israeli personalization company Insightera in December 2013 for approximately $20 million in cash and stock.

  Aftermath

  The deal extended Marketo's product scope into personalized digital experiences.

  Acquisition value. $20 million (December 2013)

  Source

• 2012

  Acquire Crowd FactoryM&A

  Background

  Marketo sought to broaden its marketing-automation suite with social-media marketing functionality.

  Action taken

  Marketo acquired Crowd Factory in April 2012 and integrated its capabilities into the application suite.

  Aftermath

  The acquisition expanded Marketo's supported marketing activities beyond lead management and campaign automation.

  Source

1. 1Marketoen.wikipedia.org