Marketing Software Company Marketo Announces Global R&D and Innovation Center in Tel Aviv
-- Innovation leader establishes facility in talent-rich hub to further research in big data and predictive analytics software that helps marketers engage with customers at scale
SAN MATEO, California, June 10, 2015 /PRNewswire/ -- Marketo, Inc. (NASDAQ: MKTO) today announced the opening of its Global R&D and Innovation Center in Tel Aviv, Israel focused on enhancing its leadership position in big data and predictive analytics. The facility will accommodate a growing team of local data scientists, engineers, developers and product managers focused on designing and delivering marketing software that enables marketers to engage in personalized and relevant conversations with their customers at scale and in real-time.
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The company's Global R&D and Innovation Center is the first marketing-focused R&D facility of its kind. The establishment of this facility further solidifies Marketo's commitment to delivering innovative marketing solutions to meet the evolving role of today's marketer.
Residing in the heart of Tel Aviv, a leading innovative, high-tech ecosystem, the new R&D Center will:
- Research and identify the next generation of ideas and data science aimed at helping marketers move beyond 'big data' to the 'right data'
- Serve as a testing ground to validate the company's market-leading technologies and accelerate their go-to-market strategies with an early adopter community
- Design and deliver game-changing big data and predictive analytics software to help marketers optimize their engagement with customers at scale and across any channel
Read more about Marketo's marketing software capabilities here.
The investment builds on Marketo's leadership in predictive marketing analytics. Most recently the team in Tel Aviv released a first-of-its-kind content recommendation engine powered by machine learning that serves relevant content to website visitors based on their preferences, interests and trending content.
"The opening of our Global R&D and Innovation Center in Tel Aviv is a testament to our continued investment in delivering solutions that allow marketers to be successful in today's digital world," said Steve Sloan, senior vice president, Product Strategy and Partnerships at Marketo. "This new investment and expanded team brings together the best and brightest to discover and develop the next generation in analytics."
Marketo acquired real-time personalization platform Insightera in 2013, based in Tel Aviv. The development of the Global R&D and Innovation Center marks another significant investment for the company in this region. The company expects to double the size of the facility in the next two years.
As the leading provider of engagement marketing software and solutions, Marketo empowers marketers with solutions to have one-to-one conversations with their customers across web, mobile, social, email and offline channels.
About Marketo
Marketo provides the leading marketing software and solutions designed to help marketers master the art and science of digital marketing. Through a unique combination of innovation and expertise, Marketo is focused solely on helping marketers keep pace in an ever-changing digital world. Spanning today's digital, social, mobile and offline channels, Marketo's Engagement Marketing Platform powers a set of breakthrough marketing automation and marketing management applications to help marketers tackle all aspects of digital marketing from the planning and orchestration of marketing activities to the delivery of personalized interactions that can be optimized in real-time. Marketo's applications are known for their ease-of-use, and are complemented by the Marketing Nation®, a thriving network of more than 400 third-party solutions through our LaunchPoint® ecosystem and over 50,000 marketers who share and learn from each other to grow their collective marketing expertise. The result for modern marketers is unprecedented agility and superior results. Headquartered in San Mateo, CA with offices in Europe, Australia and Japan, Marketo serves as a strategic marketing partner to more than 3,950 large enterprises and fast-growing small companies across a wide variety of industries. For more information, visit www.marketo.com.
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