Splunk Posts Another Record-setting Quarter; Passes 1,000 Licensed Customer Milestone

Continued Adoption and Upgrades Result in Accelerated Path to Profitability; New Round of Industry Awards Demonstrate Value of IT Search

SAN FRANCISCO – July 15, 2009 – Splunk, the IT Search company, today announced yet another blockbuster quarter, this time for its second quarter results, ending June 30, 2009. The company closed its strongest quarter to date, with the addition of 113 new customers, bringing the total customer count to over 1100. Splunk's growth was distributed across all sectors (financial services, electronics, manufacturing, high technology, education, retail) and geographies (North America, EMEA, APAC), and included prominent new customers such as Deutsche Bank, Siemens, Credit Agricole, iContact, Duke University and Fry's Electronics. Splunk's bookings growth and speed passing the 1,000th customer milestone are added testaments to the value of IT Search and the critical role it's playing within IT organizations.

"Our success this quarter across all geographies and sectors underscores the fact that Splunk delivers users tremendous value and is making a profound impact in managing, securing and auditing IT," said Splunk President and CEO, Godfrey Sullivan. "In the midst of a challenging economic environment, Splunk is thrilled to have passed well beyond the 1000-customer mark." He added, "Our record growth and the ongoing management of our expenses have enabled us to accelerate our goal of profitability in 2009."

In addition to Splunk surpassing the 1000th customer milestone in Q2 '09, Splunk CTO and co-founder, Erik Swan, was named as a recipient of the prestigious IDG InfoWorld CTO 25, an annual award that honors chief technology officers who demonstrate leadership within their companies and in the IT community. This honor demonstrates Splunk's commitment to a "by the people, for the people" approach to developing technology, further validating the company's innovative position as the pioneer of IT Search.

"It’s no surprise that the people behind Splunk’s technology are being recognized for their efforts," added Sullivan. "Erik is certainly deserving of this honor, our technology advantage is a direct result of his ability to innovate, to build strong teams, and to carefully listen to the voice of our customers."

Among other noteworthy accomplishments for Splunk during Q2 '09 were honors awarded by SC Magazine. Splunk received a "five out of five" rating in the SC Magazine Group Forensics Product test, being highlighted for its ease-of-use, support and return on investment. Also, SC Magazine Europe honored Splunk as the winner of the 2009 "Best Integrated Security Solution" award. The annual SC Magazine awards showcase the best solutions, services and professionals while recognizing achievement and technical excellence in the information security industry in the EMEA region.

Additionally, Splunk competed with over 300 companies in the "Best of Interop" award at this year’s Interop Japan, and took top honors in the "Best of Show" category in Tokyo, building on the success of past Interop award wins, having previously been named the 2008 "Best of Interop" in the Network Management, Software and Services category. This award further expands the recognition Splunk receives from its user community, taking it to a global level.

Key Q2 Accomplishments:

  • Best quarter in company history (+98% vs. Q2 '08) and surpassed quarterly plan objectives
  • Added 113 new customers (1,107 total customers)
  • New partnerships: CTC Itochu – System Integrator, Japan; Perficient - Reseller, North America
  • Winner 2009 "Best of Show" Interop Japan
  • Splunk CTO Erik Swan named to the IDG InfoWorld CTO top 25
  • Five-star review in SC Magazine’s Forensics Group Product Review
  • Winner 2009 SC Magazine Award, Europe: Best Integrated Security Solution
  • Selected as a CRN Emerging Technology Vendor by Everything Channel
  • Thirty-seven customers in the Fortune 100

About Splunk

Splunk is the IT Search company radically changing the way organizations manage and secure their IT infrastructures. Only Splunk lets you search, alert, report and analyze data from all your applications, servers and network devices in real time to troubleshoot problems, investigate security incidents and report on compliance controls in minutes instead of hours or days. Over 1,300 enterprises, service providers and government organizations in 64 countries use Splunk to realize new levels of service quality, reduce IT operations costs and mitigate security risks in record time. The world's leading technology providers and over 50 system integrator, value-added reseller and managed service provider partners are driving new business and fueling their offerings with Splunk. Download your own free copy of Splunk today at www.splunk.com/download