125 Jobs Announced By Marketo In Dublin

One of the fastest growing Silicon Valley cloud computing companies has announced the creation of 125 jobs over the next three years in Dublin through an initiative supported by the Irish government through IDA Ireland.

Recruitment for Marketo is already underway for graduates and experienced staff covering sales, marketing, support, consulting, development and back office positions.

The company, that grew sales by over 300% last year, specialises in Revenue Performance Management, which enables marketing and sales teams to collaborate to build predictable revenues. Marketo software was developed to help companies harness the new ways customers buy as a result of the growth of the Internet, Search and Social Media. The company has raised $57m in funding to date.

Announcing the jobs, Minister for Jobs, Enterprise and Innovation said: “A recent report has predicted that by 2014 the cloud computing industry in Ireland could employ 8,600 people and be worth €9.5billion. However government must act if this potential is to become a reality. Earlier this month I announced the establishment of an applied research centre supported by €5million of government funds to help ensure that Ireland can realise its potential and become a world leader in this high growth area.’’

Minister Richard Bruton added: “The announcement that, with the support of government, one of the fastest growing Silicon Valley companies in this sector is creating 125 jobs in Dublin is a great confidence boost for cloud computing in Ireland and for the high tech sectors of the economy generally.’’

“I am developing ambitious plans to ensure that government continues to provide whatever supports and policy changes are necessary to build on our achievements, so that we can realise our potential in these innovative sectors and create more jobs and growth in the economy again.’’

Phil Fernandez, President and Chief Executive Officer of Marketo commented: “We selected Ireland because we needed a European hub with a large talent pool of skilled people. Ireland has built a great reputation as a centre for software-as-a-service (SaaS) companies. We look forward to expanding operations in EMEA and support our swiftly growing international customer base from Dublin.”

(BMcN/KMcA)