Splunk Adds Top Technical Talent to Bolster Machine Learning
SAN FRANCISCO--(BUSINESS WIRE)--
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
"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
For more information on Splunk and SignalSense, visit the Splunk
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171017005273/en/
Bill Bode, 415-706-1236
Ken Tinsley, 415-848-8476
Source: Splunk Inc.
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