Headquarters
San Francisco, CAFounded
2003CEO / Founder
Gary SteeleEmployees
10000+Funding
AcquiredProducts
1 product listedAvg. AI Score
8.0/10Website
splunk.com/Profile updated
Splunk was founded in 2003 by Erik Swan, Rob Das, and Michael Baum and is headquartered in San Francisco, California. The company develops software for searching, monitoring, and analyzing machine-generated big data, with primary applications in security operations, IT monitoring, and observability. Cisco Systems completed its acquisition of Splunk in March 2024 for approximately $28 billion.
Splunk's core product, the Splunk Platform, ingests and indexes log and machine data from IT infrastructure, enabling real-time search, visualization, and alerting. Its security portfolio includes Splunk Enterprise Security, a SIEM product, and Splunk SOAR (Security Orchestration, Automation and Response), acquired via Phantom Cyber in 2018. The company also offers Splunk Observability Cloud, targeting infrastructure monitoring and application performance management. Customers include large enterprises and government agencies across financial services, healthcare, retail, and public sector verticals.
Splunk went public on the Nasdaq under the ticker SPLK in April 2012, raising approximately $229 million in its IPO. Over subsequent years the company made several acquisitions, including SignalFx in 2019 for approximately $1.05 billion and TruSTAR in 2021. At the time of the Cisco acquisition close in March 2024, Splunk employed roughly 8,000 people and had reported annual recurring revenue exceeding $3.7 billion for fiscal year 2024.
Dated, source-cited figures. Estimates are marked.
All products by Splunk reviewed by our AI panel of experts.
Six independent reviewer personalities assessed Splunk's product on their own terms. They disagreed by 2.0 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Splunk competes with, and how they differ.
Cloud-native observability platform competing directly with Splunk's IT/log-monitoring business; usage-based SaaS pricing and faster deployment versus Splunk's heavier, higher-cost on-prem/hybrid indexing model.
1 product reviewed on TopReviewedThe open-source Elasticsearch/ELK stack is the classic lower-cost alternative to Splunk for log search and SIEM, trading Splunk's polish and enterprise support for a free self-hosted tier and deeper customization.
1 product reviewed on TopReviewedCortex XSIAM directly competes with Splunk's SIEM business for the same security-operations-center budget, bundled inside Palo Alto's broader platform play versus Splunk's now Cisco-integrated stack.
1 product reviewed on TopReviewedFalcon's Next-Gen SIEM and LogScale increasingly compete with core Splunk log-analytics use cases, leveraging CrowdStrike's endpoint-telemetry advantage that Splunk lacks natively.
1 product reviewed on TopReviewedSingularity's XDR/AI-SOC platform overlaps with Splunk's security analytics for threat detection and response, at a smaller enterprise scale and lower price point than Splunk.
1 product reviewed on TopReviewedNetwork detection and response (NDR) specialist whose AI-driven attack-signal intelligence competes with Splunk's security analytics for network-layer threat detection, without Splunk's broader log-indexing/observability scope.
1 product reviewed on TopReviewedKey milestones in Splunk's history, with sources.
Cisco completes acquisition of Splunk
Cisco completed its acquisition of Splunk, which became a wholly-owned subsidiary of Cisco, marking the largest deal in Cisco's history.
en.wikipedia.orgCisco agrees to acquire Splunk for ~$28 billion
Cisco entered a definitive merger agreement to acquire Splunk in an all-cash deal at $157.00 per share, valuing the transaction at approximately $28 billion.
sec.govAcquires SignalFx for $1.05 billion
Splunk acquired cloud monitoring service SignalFx for $1.05 billion, expanding into real-time infrastructure and application monitoring.
en.wikipedia.orgAcquires VictorOps for $120 million
Splunk acquired on-call incident management startup VictorOps for $120 million.
en.wikipedia.orgIPO on NASDAQ under ticker SPLK
Splunk completed its initial public offering, beginning trading on NASDAQ under the ticker symbol SPLK.
en.wikipedia.orgRaises $40M from early venture investors
By 2007 Splunk had raised a combined $40 million from venture firms including August Capital, Sevin Rosen, Ignition Partners and JK&B Capital.
en.wikipedia.orgSplunk founded by Michael Baum, Rob Das and Erik Swan
Michael Baum, Rob Das and Erik Swan founded Splunk in October 2003 to build software for searching and analyzing machine-generated log data.
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