In 2011, Splunk released Splunk Storm, a cloud-based version of the core Splunk product. It is a premium application that is licensed independently. Splunk Enterprise Security (ES) provides security information and event management (SIEM) for machine data generated from security technologies such as network, endpoint, access, malware, vulnerability and identity information. It was developed for data reporting for executives outside a company's IT department. It uses an application programming interface (API) to connect to applications and devices. Splunk's core offering collects and analyzes high volumes of machine-generated data. On March 02, 2022, Splunk named Gary Steele, previously at Proofpoint, as its CEO and the successor to interim chief Graham Smith effective April, 2022. Graham Smith, Splunk's chairman since 2019, took over as interim CEO. On November 15, 2021, Douglas Merritt stepped down as president and CEO. For all of fiscal 2021 Splunk reported revenue of $2.23 billion. Splunk reported for its fiscal 2021 fourth quarter revenue of $745.1 million. Splunk has been noted for its analytics and infrastructure monitoring, its ability to scale and index original, raw data, its infosec functions, and its multiple deployment options. The Gartner report evaluates SIEM providers, and then provides a graph (the Magic Quadrant) with vendors plotted based on their ability to execute (the Y-Axis) and their completeness of vision (the X-Axis). Splunk was recognized as a Leader in the 2020 Gartner Magic Quadrant for SIEM. Īs of September 2020, Splunk's client list includes 92 companies on the Fortune 100 list. In 2020, Splunk was named to the Fortune 1000 list. 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. Two weeks later on September 4, 2019, Splunk acquired Omnition-an early-stage startup specializing in distributed tracing-for an undisclosed amount. Splunk acquired the cloud monitoring company, SignalFx, in October 2019 for $1.05 billion. In July 2018 Splunk acquired KryptonCloud, an industrial IoT and analytics SaaS company.
On June 11, 2018, Splunk announced its acquisition of VictorOps, a DevOps incident management startup, for US$120 million. In April 2018, it reached US$14.8 billion of market capitalization. On April 9, 2018, Splunk acquired Phantom Cyber Corporation for approximately US$350 million. In October 2017, Splunk acquired technology and intellectual property from smaller rival Rocana. Splunk announced it was using machine learning about that time. In September 2017, Splunk acquired SignalSense which developed cloud-based data collection and breach detection software.
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In May 2017, Splunk acquired Drastin, a software company that provides search-based analytics for enterprises. Īccording to Glassdoor, it was the fourth highest-paying company for employees in the United States in April 2017. 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.
to offer combined cyberthreat detection and intelligence-analysis technology. government security contractor Booz Allen Hamilton Inc.
In October 2015 Splunk sealed a "cybersecurity alliance" with U.S. In July 2015 Splunk acquired Caspida, a cybersecurity startup, for US$190 million. In June 2015, Splunk acquired the software company Metafor that uses machine learning technology to analyze data generated IT infrastructure and applications. In December 2013, Splunk acquired Cloudmeter, a provider of network data capture technologies. It supplied a "software developer kit" to give developers access to data analytics from mobile devices that it managed from its scalable cloud platform. BugSense provides "a mobile analytics platform used by developers to improve app performance and improve quality". In September 2013 the company acquired BugSense, a mobile-device data-analytics company. In 2012 Splunk had its initial public offering, trading under NASDAQ symbol SPLK. Venture firms August Capital, Sevin Rosen, Ignition Partners and JK&B Capital backed the company.īy 2007 Splunk had raised US$40 million. Michael Baum, Rob Das and Erik Swan co-founded Splunk Inc in 2003.
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