Marketo, Tableau Software IPOs show hunger for Big Data, services

05/20/2013 | TechCrunch · BtoB Magazine

Marketo's initial public offering raised $79 million, selling 6.1 million shares at $13 apiece and now trading on NASDAQ. Business intelligence firm Tableau Software also went public, raising $254.2 million at $31 per share, and seeing its stock rise immediately to a $50.75 closing price. "Taken together, the two are strong endorsements for the market for enterprise services and some of the still-emerging trends within it," Ingrid Lunden writes.

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