Marketo Appoints New Senior Vice President of Products and Engineering to Lead Continual Innovation

SAN MATEO, Calif., June 8, 2012 /PRNewswire/ -- Marketo, the fastest-growing provider of Revenue Performance Management (RPM) solutions, today announced it has appointed Srinivasan Venkatesan as its new senior vice president of products and engineering. Venkatesan, a proven product and technology leader, will bring his experience in building large-scale transaction platforms and applications to expand Marketo's award-winning solutions for marketing automation, social marketing automation and sales effectiveness.

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Venkatesan joins Marketo from StubHub, where he most recently served as vice president for the company's New Platforms group, developing innovative new products and services for customers. He first joined StubHub in October 2007 as chief technology officer and vice president of product and technology.

Formerly, Venkatesan spent seven years at eBay, where he held several management positions in the company's trading platform and guided the creation and implementation of numerous next-generation tools, most notably the selling platform, eBay Toolbar and Turbo Lister. Prior to eBay, Venkatesan managed the programming platform at Actel, where he was instrumental in the architecture, design and development of the company's programming software. Venkatesan also developed the Silicon Explorer Product, a real-time debugging tool.

"Srini has helped some of Silicon Valley's marquee technology companies develop ever more innovative and intuitive software," said Phil Fernandez, president and CEO, Marketo. "Given our focus on customer success, Srini has the perfect pedigree to lead engineering at Marketo, creating powerful web-scale products to help companies generate more leads and close more business."

Venkatesan is the seventh new executive to join Marketo in 2012, a year that's already shaping up to be one of incredible growth for the company. Sharon Zezima and Jason Holmes were appointed in February to lead Marketo's legal and client services teams, respectively, while Sanjay Dholakia, David Cain, Shaun Klopfenstein and Alexander Mouldovan came aboard in April after the Crowd Factory acquisition to help Marketo make all marketing campaigns more social.

Venkatesan holds a Bachelor's degree in Electrical Engineering from India's Bharathidasan University.

About Marketo

Marketo is the fastest growing provider in Revenue Performance Management and offers the world's first integrated solution for social marketing automation. Marketo's powerful yet easy-to-use marketing automation and sales effectiveness solutions transform how marketing and sales teams of all sizes work — and work together — to drive dramatically increased revenue performance and fuel business growth. The company's proven technology, comprehensive services and expert guidance are helping more than 1,900 enterprise and mid-market companies around the world to turn marketing from a cost center to a business-building revenue driver. Marketo also offers Spark by Marketo™, a new brand of marketing automation tailored specifically for small businesses – the fastest-growing and largest segment of today's economy.

Marketo was recently named one of "America's Most Promising Companies" by Forbes Magazine, the fastest-growing private company of 2011 by the Silicon Valley Business Journal,and the "2011 CRM Market Leaders Awards Winner for Marketing Solutions" by CRM Magazine. For more information, visit www.marketo.com, or subscribe to Marketo's award-winning blogs at blog.marketo.com.

SOURCE Marketo