Splunk

Michael Baum, Rob Das[8] and Erik Swan co-founded Splunk Inc in 2003.[9] Venture firms August Capital, Sevin Rosen, Ignition Partners and JK&B Capital backed the company.

By 2007 Splunk had raised US$40 million ;[10] it became profitable in 2009.[11] In 2012 Splunk had its initial public offering, trading under NASDAQ symbol SPLK.[12][13]

In September 2013 the company acquired BugSense, a mobile-device data-analytics company.[14] BugSense provides "a mobile analytics platform used by developers to improve app performance and improve quality". It supplied a "software developer kit" to give developers access to data analytics from mobile devices that it managed from its scalable cloud platform.[15] The acquisition amount was undisclosed.

In December 2013, Splunk acquired Cloudmeter, a provider of network data capture technologies.[16]

In June 2015, Splunk acquired the software company Metafor that uses machine learning technology to analyze data generated IT infrastructure and applications.[17]

In July 2015 Splunk acquired Caspida, a cybersecurity startup, for US$190 million .[18]

In October 2015 Splunk sealed a "cybersecurity alliance" with U.S. government security contractor Booz Allen Hamilton Inc. to offer combined cyberthreat detection and intelligence-analysis technology.[19]

In 2016, Splunk pledged to donate $100 million in software licenses, training, support, education, and volunteerism for nonprofits and schools over a 10-year period.[20]

According to Glassdoor, it was the fourth highest-paying company for employees in the United States in April 2017.[21][22]

In May 2017, Splunk acquired Drastin, a software company that provides search-based analytics for enterprises.[23][24]

In September 2017, Splunk acquired SignalSense that offers cloud-based data collection and breach detection solutions.[25]

In October 2017, Splunk acquired certain technology and intellectual property assets from smaller rival Rocana.[26]

On April 9, 2018 Splunk acquired Phantom Cyber Corporation for approximately US$350 million.[27] On April 2018, it reached US$14.8 billion of market capitalization.[28]

On June 11, 2018 Splunk announced its acquisition of VictorOps, a DevOps incident management startup, for US$120 million.[29]

In July 2018 Splunk acquired KryptonCloud, an industrial IoT and analytics SaaS company.[30] Splunk acquired the cloud monitoring company, SignalFx, in October 2019 for $1.05B.[31] Two weeks later on September 4, 2019, Splunk acquired Omnition—an early-stage startup specializing in distributed tracing—for an undisclosed amount.[32]

Splunk also announced the launch of its corporate venture fund, Splunk Ventures—a $100 million Innovation Fund and a $50 million Social Impact Fund to invest in early-stage startups.[33]

In 2020, Splunk was named to the Fortune 1000 list.[34]

As of September 2020, Splunk’s client list includes 92 companies on the Fortune 100 list.[35]

Splunk's core offering collects and analyzes high volumes of machine-generated data. It uses a standard API to connect directly to applications and devices.[36] It was developed in response to the demand for comprehensible and actionable data reporting for executives outside a company's IT department.[37][38]

Splunk Enterprise Security (ES) is a security information and event management (SIEM) solution that provides insight into machine data generated from security technologies such as network, endpoint, access, malware, vulnerability and identity information. It is a premium application that is licensed independently from Splunk core.

In 2011, Splunk released Splunk Storm, a cloud-based version of the core Splunk product. Splunk Storm offered a turnkey, managed and hosted service for machine data.[39] In 2013, Splunk announced that Splunk Storm would become a completely free service and expanded its cloud offering with Splunk Cloud.[40] In 2015, Splunk shut down Splunk Storm.[41]

In 2013, Splunk announced a product called Hunk: Splunk Analytics for Hadoop, which supports accessing, searching, and reporting on external data sets located in Hadoop from a Splunk interface.[42]

In 2015, Splunk announced a Light version of the core Splunk product, aimed at smaller IT-environments and mid-sized enterprises.[43] Splunk debuted Splunk IT Service Intelligence (ITSI) in September 2015. ITSI leverages Splunk data to provide visibility into IT performance. Software analytics can detect anomalies and determine its causes and the areas it affects.[44]

In 2016, Google announced its cloud platform will integrate with Splunk to expand in areas like IT ops, security, and compliance.[45] The company also announced additional machine learning capabilities for several of its major product offerings, which are installed on top of the platform.[46][47] Splunk Cloud received FedRAMP authorization from the General Services Administration (GSA) FedRAMP Program Management Office (PMO) at the moderate level in 2019, enabling Splunk to sell to the federal government.[48] In 2020, Splunk announced that Splunk Cloud is available on the Google Cloud Platform and launched an initiative with Amazon Web Services to help customers migrate on-premises Splunk workloads to Splunk Cloud on the AWS cloud.[49]

In 2017, Splunk introduced Splunk Insights for ransomware, an analytics tool for assessing and investigating potential threats by ingesting event logs from multiple sources. The software is targeted toward smaller organizations like universities.[50][51] The company also launched Splunk Insights for AWS Cloud Monitoring, a service to facilitate enterprises' migration to Amazon Web Services' cloud.[52]

In 2018, Splunk introduced Splunk Industrial Asset Intelligence, which extracts information from IIoT(Industrial Internet of Things) data from various resources and presents its users with critical alerts.[53]

In 2019, Splunk announced new capabilities to its platform including the general availability of Data Fabric Search and Data Stream Processor. Data Fabric Search streamlines data analytics by combining insight from datasets across different data stores, including those that aren’t Splunk-based, into a single view. Data Stream Processor is a real-time processing product that collects data from various sources to provide insight and then distributes results to Splunk or other destinations. Splunk also rolled out Splunk Connected Experiences, which extends its data processing and analytics capabilities to augmented reality (AR), mobile devices, and mobile applications.[54]

In October 2019, Splunk announced the integration of its existing tools security tools - including security information and event management (SIEM), user behavior analytics (UBA), and security orchestration, automation, and response (Splunk Phantom) — into the new cloud platform called Splunk Mission Control.[55][56]

In 2019, Splunk introduced its latest application performance monitoring (APM) platform, SignalFx Microservices APM, that pairs “no-sample’ monitoring and analysis features with Omnition’s full-fidelity tracing capabilities. Splunk also announced that a capability called Kubernetes Navigator would be available through their product, SignalFx Infrastructure Monitoring.[57]

Splunkbase

Splunkbase is a community hosted by Splunk where users can go to find apps and add-ons for Splunk which can improve the functionality and usefulness of Splunk, as well as provide a quick and easy interface for specific use-cases and/or vendor products. As of October 2019, there were more than 2,000 apps available on the framework.[58]

Integrations on Splunkbase include the Splunk App for New Relic,[59] the ForeScout Extended Module for Splunk,[60] and Splunk App for AWS.[61]

• Official website

• Business data for Splunk Inc.:
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  • SEC filings