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BtoB

Marketo raises additional $10 million in equity funding

By Published on .

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San Mateo, Calif.—Lead management vendor Marketo has received $10 million in a fourth round of equity funding to fuel its continued growth.

The investment was led by Mayfield Fund, with participation from existing investors InterWest Partners and Storm Ventures. With this series D round of funding, Marketo has now raised $32 million.

Marketo, which focuses on the small-to-midsize market, said it has signed on some 500 customers in the past two years.

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