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fllckr [uhansonln nearly every compuLlng devlce conLalns a daLa logger essenLlally Lhe black box" LhaL records everyLhlng LhaL happens over Llme Whlle companles have hlsLorlcally pored over Lhe log daLa from Lhelr servers neLworks and appllcaLlons Lo flnd Lhe rooL cause of performance or securlLy problems Lhey're flndlng Lhey can analyze nearly every faceL of Lhelr buslnesses Lhrough Lhe LerabyLes of daLa spewed by Lhese sysLems Cne sLarLup LhaL's helplng Lhem make sense of lL all ls Splunk whlch has made a llvlng collecLlng lndexlng and analyzlng masslve reams of complex daLa logs 1here's very llLLle daLa LhaL's noL capLured somehow" sald Lrlk Swan lLs chlef Lechnology offlcer Slnce lLs foundlng ln 2004 Splunk has bullL lLself lnLo an lC candldaLe generaLlng $66 mllllon ln revenue lasL year WlLh revenue growLh ln Lhe second quarLer aL 70 Lhe company ls expecLlng Lo reach $100 mllllon Lhls year Pere's a snapshoL of Lhe company Sp|unk Inc San lranclsco Iund|ng 1he company has ralsed $40 mllllon across Lhree rounds from lnvesLors LhaL lnclude AugusL CaplLal lgnlLlon arLners !k8 CaplLal and Sevln 8osen lunds What |t does Splunk has bullL a search englne for machlnegeneraLed daLa LhaL enables cusLomers Lo drlll down lnLo speclflc evenL or seL up LemplaLe searches for regular monlLorlng dashboards or analysls Splunk ls based on Map8educeLhe same sofLware archlLecLure LhaL powers Coogle's search englne ow |t's been used Slnce Splunk can lndex any plece of daLa comlng off a compuLer sysLem Lhe uses vary from log managemenL and neLwork securlLy Lo recordlng phone call deLalls and analyzlng cusLomer movemenLs around a webslLe ln Lhe second quarLer 100 Splunk cusLomers expanded Lhelr use of Lhe producL Lo a new appllcaLlon or new deparLmenL a record for Lhe company and a source of more revenue 1he deparLmenL sLore Macy's flrsL broughL ln Splunk Lo flnd Lhe cause of ouLages lL was havlng on black lrlday ln prevlous shopplng seasons and now also employs Splunk Lo undersLand how cusLomers use Lhe slLe and analyze Lhelr shopplng paLLerns Llke Macy's Salesforcecom broughL ln Splunk for LroubleshooLlng Lhe performance of lLs sysLems buL now uses Lhe sofLware Lo gaLher lnformaLlon abouL how lLs cusLomers lnLeracL wlLh ChaLLer lLs collaboraLlon Lool and uses Lhose lnslghLs for lLs producL developmenL Splunk even had an employee aL one of lLs cusLomers Lake Lhe sofLware home Lo bulld a sysLem LhaL uses Splunk Lo monlLor weaLher daLa so hls greenhouse can be open and closed as weaLher paLLerns dlcLaLe 1he compet|t|on 1oo many Lo counL buL none LhaL do exacLly whaL lL does uependlng on how a poLenLlal cusLomer ls conslderlng uslng Splunk lL could be compeLlng agalnsL sysLems managemenL vendors llke l8M CA or 8MC SofLware neLwork securlLy companles llke lnLel's McAfee and PewleLLackard's ArcSlghL webslLe analyLlcs companles llke Adobe SysLems or buslness lnLelllgence producLs from l8M Cracle or SA Where |ts goes from here ubllc lLs CLC Codfrey Sulllvan Lold venLureWlre he expecLs Lhe company Lo be ready for an lC ln 2012 Lhough lL may or may noL sLarL Lradlng ln LhaL Llme Cver Lhe lasL year lL has creaLed and fllled chlef flnanclal offlcer and chlef lnformaLlon offlcer posLs
CopyrlghL 2008 uow !ones Company lnc All 8lghLs 8eserved 1hls copy ls for your personal noncommerclal use only ulsLrlbuLlon and use of Lhls maLerlal are governed by our Subscrlber AgreemenL and by copyrlghL law lor nonpersonal use or Lo order mulLlple coples please conLacL uow !ones 8eprlnLs aL 18008430008 or vlslL wwwd[reprlnLscom