Marketo announced its fourth quarter and full year 2014 financial results, highlighting 50% growth in revenue Q4 2014 and an annual revenue increase of 56% year-over-year — bringing the overall total to $150 million.
The announcement comes after a busy year for the company, where it saw the LaunchPoint ecosystem officially double in size since its inception in 2013. The marketing software provider also integrated with several companies such as Cloudwords, DataHero and SoMedia Networks.
The company also made several financial predictions for 2015, including:
- An estimated range in revenue of $45 to $46 million for Q1 2015;
- An estimated annual revenue in the range of $204 to $206 million for 2015; and
- A GAAP net loss per share $(2.01) and $(2.05) for 2015.
"Our strong fourth quarter performance capped a year of impressive execution and growth," said Phil Fernandez, Chairman and CEO of Marketo. "With the investments we made in 2014 in our global operations including a highly successful launch in Japan, our rapid extension into B2C markets, and the depth of our enterprise sales leadership team, we are well positioned to capitalize on the market opportunity in 2015 and most importantly, to continue to provide extraordinary value to our customers."