Splunk Beats Forecast For the Fifth Consecutive Quarter

New Products, Stellar Senior Talent, and $25 Million Financing Fuel Acceleration and Bring Splunk to Data Centers Around the World

SAN FRANCISCO – October 16, 2007 – Splunk, creators of the original IT Search engine for logs and IT data, today announced results for the third quarter of 2007 ended September 30. The company beat its sales forecast for the quarter by 30 percent, and is at 84 percent of its forecast for the year ending December 31, 2007. During Q3 Splunk also raised $25 million in funding, added Microsoft’s former CFO and CIO to the board, brought on an experienced industry leader in customer support and shipped major new products.

More Customers

During Q3, Splunk added 106 new customers and upgraded 14 existing customers to higher data indexing levels, bringing the total number of paying customers to 450. The three most active industries contributing to the quarter were telecommunications, financial services and government agencies. New customers include Verizon Wireless, Viewpoint Bank and NASA.

More Product

Splunk 3.0 and Splunk for AIX were both made available for general download in Q3. Splunk 3.0 takes IT Search beyond the scope of log management and troubleshooting with interactive reporting of search results, dashboards and personalization and an expanded search language with new statistical and arithmetic operators. Customers are applying these IT Search innovations to security, compliance and performance management. Splunk for AIX allows customers running mission critical AIX applications to dig into everything happening at every layer of their AIX systems from one place with Splunk.

More Opportunity

"We’re seeing new data center innovations like SOA and virtualization attempting to simplify IT infrastructures. In reality every new layer of technology generates more logs, changing configurations, messages and alerts," said Michael Baum, Splunk’s CEO and co-founder. "The pace at which machines generate IT data makes it impossible for humans to keep up. By making it possible for people to interact with vast amounts of machine data, Splunk is changing how increasingly complex computing environments are managed, secured and understood."

About Splunk

Splunk is a Silicon Valley company inventing large-scale, high-speed indexing and search technology for IT infrastructures. The company’s freely downloadable software indexes and makes it possible to search and navigate data from any application, server or network device in real time. Logs, configurations, messages, traps and alerts, scripts and metrics. If a machine can generate it - Splunk can eat it. It’s easy to download, install and use, and is very powerful. More than 450 enterprises, government organizations, and service providers and more than 125,000 users are achieving higher availability, investigating security incidents in record time, and meeting compliance requirements at lower costs with Splunk. Download your own free copy at www.splunk.com.

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Contact:
Trisha Ristagno
415.848.8474
trisha@splunk.com

Morgan Mauritz
CXO Communications
650.462.2969
morgan@cxocommunication.com