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News

This section highlights news announcements, solution provider growth news and platform enhancements in the B2B industry.

SLMA Announces 50 Most Influential People In Sales Lead Management

The Sales Lead Management Association recently announced the 2011 installment of the “50 Most Influential People In Sales Lead Management.”  DemandGen Report (DGR) Editor & Publisher, Andrew Gaffney, has been named to the list for the third consecutive year.

This year, 7,113 votes were cast (22% more than the 2010 election) for 79 nominees by more than 4,500 people (each voter could choose up to three nominees). Nominees came from many diverse disciplines including, CRM Software and Marketing Automation Software, to telemarketing qualification companies and publishing.

  • Written by Demand Gen Report Team
  • Category: Industry News
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The Marketing Automation Institute Launches First Certification Courses

The Marketing Automation Institute (MAI) recently announced the availability of its three initial course offerings.  The course curriculum is designed to provide process-based insight that highlights the skills necessary to be successful using marketing automation technology.

“We’re finding more and more organizations buying into this myth of ‘plug and play’ technology,” said Carlos Hidalgo, Executive Director of the MAI. “We want to supply a firm foundation for a user to get a level set of what automation is and how to approach it, as well as what should be considered to get the most out of the technology and your investment in it.”

  • Written by Demand Gen Report Team
  • Category: Industry News
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HubSpot Launches “Marketing Grader” Tool After Grading 4 Million Web Sites


Today HubSpot launched Marketing Grader, a new, free tool designed to grade online marketing, pinpoint what needs improvement and compare competitive performance. Marketing Grader analyzes more than 30 measures of marketing effectiveness and grades the business on a 1-100 scale. Marketing Grader is a replacement for Website Grader (launched in 2006), which, according to HubSpot, has been used by more 4 million people to grade web site marketing effectiveness.

Using the URLs of the company and any competing web sites, Marketing Grader is designed to evaluate performance at the “top of the funnel” (ability to generate new interest and traffic), “the middle of the funnel” (whether that traffic converts into prospects, leads and customers) and analytics (measuring and comparing the right things).

Act-On Software Surpasses 500 Customers; Plans Aggressive Expansion Track In 2012

Screen_Shot_2011-11-29_at_2.21.37_PMAct-On Software today announced that the company has exceeded the 500th customer mark in less than two years. News of the milestone follows a record Q3 for Act-On, during which the company saw a 400% year-over-year growth, and added 164 new customers.

The company’s momentum is anticipated to continue rapidly, according to CEO Raghu Raghavan. “Act-On should hit 700 customers by the end of 2011 and 1,000+ by the end of Q1 2012,” he told DemandGen Report. “We're extremely pleased by this phenomenal growth and are planning accordingly by scaling the post-sales side of the business now so as to ensure that everyone is successful going forward.”

Marketing Automation Vendors Chime In On Implications of Marketo’s New Funding

The recent news of Marketo’s $50 million round of new venture financing has stirred plenty of dialogue among other vendors in the marketing automation category. While competitors applauded the new round of, led by Battery Ventures, in supporting the growth of the category, they also speculated on what impact Marketo’s funding and potential funding will have in the future.

 “I think this is great for the marketing software industry,” HubSpot CMO Mike Volpe told DemandGen Report. “For too long marketing teams have suffered with outdated and inadequate software.”

In announcing the new round, Marketo CEO Phil Fernandez pointed out that the company 2010 revenue came in at $14 million, and projected sales in 2011 would grow by 140%, putting revenue in the $35 million range. He also forecasted that Marketo’s revenue would double in 2012, and said there is a “strong possibility” of an IPO in the next 12 to 15 months.

Marketo’s $50 Million In New Funding Opens Door To IPO, Draws Greater Financial Scrutiny From Analysts


The news that Marketo raised another $50 million in new venture financing has turned the spotlight on to the marketing automation and Revenue Performance Management categories. While the new round, led by Battery Ventures, highlighted the continued growth of Marketo and the two categories, talk of a 2012 IPO has drawn increased scrutiny on the financial performance of the emerging sectors.

In announcing the new round, Marketo CEO Phil Fernandez pointed out that the company 2010 revenue came in at $14 million, and projected sales in 2011 would grow by 140%, putting revenue in the $35 million range. He also forecasted that Marketo’s revenue would double in 2012, and said there is a “strong possibility” of an IPO in the next 12 to 15 months.

In total, Marketo has raised $107 million since its 2006 inception. From the $107 million raised, Marketo said it has $70 million available in the bank, and plans to use this for growth, both internationally and in product development, in the coming year.

  • Written by Andrew Gaffney
  • Category: Industry News
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LoopFuse Custom Events Dashboard Offers Individual User Engagement Functionality

Loopfuse-SC-11.15.11LoopFuse, a provider of sales and marketing automation for small-to-medium-sized businesses (SMB), recently announced its Custom Events Dashboard, designed to enable SaaS companies to take action based on when and how users are engaging with their products.

The Custom Events Dashboard builds upon recently released custom event functionality available via the LoopFuse API, designed to support user-defined actions inside SaaS applications or e-Commerce shopping cart experiences.

  • Written by Demand Gen Report Team
  • Category: Industry News
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Pardot Adds Integration With Citrix GoToWebinar, Cisco WebEx & ReadyTalk


Pardot
announced that its cloud marketing automation platform has been integrated with web meeting solutions for a more complete webinar planning experience. Pardot users can now access GoToWebinar, WebEx and ReadyTalk directly from Pardot’s platform, streamlining marketers’ efforts to register prospects for events, report on event attendance and display and score prospect activity.

“Webinars are clearly an important part of online marketing,” said Adam Blitzer, Co-Founder & COO, Pardot. “But like any other activity, if its not built into a company’s overall marketing automation initiative, the value of webinars is diminished. By integrating with the top webinar solutions, we’re ensuring that event data is clearly factored into marketing plans and campaigns. We’re also giving clients the freedom to choose a webinar system that is best for them.”

Marketo Adds 150+ Customers in Q3; Grows 122% Year-Over-Year in 2011


Marketo
recently announced record results for Q3 2011, adding more than 150 customers in the quarter and growing revenue by 122% year-over-year. In the quater, Marketo signed customers across numerous industries, including Angel MedFlight Worldwide, Delta Dental of California and Affiliates, Generations Federal Credit Union and Ventana Research. With these new customers included, Marketo reported more than 1,350 customers have now adopted the company’s solutions in three and a half years.

Marketo also has more than doubled its employee count — expanding the number of customer-facing support and service employees by 150% and increasing engineering capacity by more than 50%. In April 2011, the company opened its European headquarters in Dublin, Ireland, to support its growing international customer base. Marketo is on track to more than double its 2010 revenue and has expanded its global staff to more than 200 so far in 2011, according to a company press release.

  • Written by Demand Gen Report Team
  • Category: Industry News
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