Splunk Acquires SignalSense
October 17 2017 - 8:00AM
Business Wire
Splunk Adds Top Technical Talent to Bolster
Machine Learning Leadership
Splunk Inc. (NASDAQ:SPLK), first in delivering “aha” moments
from machine data, today announced it has acquired SignalSense,
Inc., a privately held technology company offering cloud-based
advanced data collection and breach detection solutions that
leverage machine learning. The acquisition was funded with cash
from Splunk’s balance sheet for an undisclosed amount.
“The SignalSense team consists of industry-leading experts in
building modern cloud applications and applying machine learning to
data at scale. The addition of the SignalSense team will help
expand Splunk’s product leadership and drive customer value,” said
Richard Campione, chief product officer, Splunk. “We welcome
SignalSense to the Splunk family and look forward to working
together to deliver automated insights across cloud and hybrid
environments.”
Seattle-based SignalSense will join Splunk’s Products
organization in its growing Seattle office. Splunk will leverage
expertise from the SignalSense team to further advance its machine
learning capabilities and its market-leading machine data
platform.
“Before joining SignalSense, I spent three amazing years at
Splunk, and I’m thrilled to return as the company continues to
rapidly innovate. Splunk is the perfect platform for our team to
make a big impact on Splunk’s substantial customer base,” said Brad
Lovering, chief engineering officer, SignalSense. “As organizations
continue to realize the value hidden in machine data, while moving
workloads to hybrid and cloud environments, there’s never been a
better time to help Splunk customers solve these challenging issues
with machine learning and artificial intelligence.”
For more information on Splunk and SignalSense, visit the Splunk
website.
Safe Harbor Statement
This press release contains forward-looking statements that
involve risks and uncertainties, including statements regarding the
benefit the acquisition will have on Splunk’s technology, products
and customers as well as the potential contributions by and impact
of the acquired company’s technology and employees. There are a
significant number of factors that could cause actual results to
differ materially from statements made in this press release,
including: difficulties encountered retaining SignalSense’s
employees and integrating SignalSense’s technologies; whether
Splunk can successfully develop new technologies and products or
modify existing technologies and products, and the degree to which
these gain market acceptance; and general market, political,
economic and business conditions.
Additional information on potential factors that could affect
Splunk’s financial results is included in the company’s Quarterly
Report on Form 10-Q for the quarter ended July 31, 2017, which is
on file with the U.S. Securities and Exchange Commission. Splunk
does not assume any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances
that exist after the date on which they were made.
About Splunk Inc.
Splunk Inc. (NASDAQ:SPLK) turns machine data into answers.
Organizations use market-leading Splunk solutions with machine
learning to solve their toughest IT, Internet of Things and
security challenges. Join millions of passionate users and discover
your “aha” moment with Splunk today: http://www.splunk.com
Splunk, Splunk>, Listen to Your Data, The Engine for Machine
Data, Splunk Cloud, Splunk Light and SPL are trademarks and
registered trademarks of Splunk Inc. in the United States and other
countries. All other brand names, product names, or trademarks
belong to their respective owners. © 2017 Splunk Inc. All rights
reserved.
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version on businesswire.com: http://www.businesswire.com/news/home/20171017005273/en/
Media ContactSplunk Inc.Bill Bode,
415-706-1236bbode@splunk.comorInvestor ContactSplunk Inc.Ken
Tinsley, 415-848-8476ktinsley@splunk.com
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