Splunk Announces Year-Over-Year Quarterly Revenue Growth of 70%

SAN FRANCISCO, Aug. 16, 2011 /PRNewswire/ -- Splunk®, Inc., the leading provider of operational intelligence software, today announced year-over-year quarterly growth of 70% for the quarter ending July 31, 2011. Additionally, Splunk increased its customer base to over 2900 customers in over 70 countries worldwide.

“I am delighted to welcome 329 new customers to the Splunk family,” said Godfrey Sullivan, president and CEO of Splunk. “In addition, we are pleased to report the expanded use of our software to adjacent departments in over 100 of our existing customers. Often customers start using Splunk for one purpose, such as IT Operations Management, but quickly realize additional value in other areas such as application management, security, business analytics and web intelligence. The significant number of use case expansions demonstrates how our customers are recognizing the power and versatility of our software.”

Splunk today announced the appointment of a new member to its Board of Directors, salesforce.com Executive Vice President and Chief Financial Officer, Graham Smith. He brings to this role over 20 years of finance experience in the software industry including prior appointments as CFO of Advent Software, CFO of Vitria Technology, CFO for Nuance Communications, and 11 years at Oracle in a variety of senior finance roles, lastly as vice president of finance for the company’s worldwide operations.  

“I am delighted to be joining the Board of Splunk,” said Graham Smith.  “Godfrey has assembled a world-class management team to execute on an amazing market opportunity and I am excited by the prospect of helping guide Splunk through its next phase of growth.”

Q2 FY 2011 Highlights:

Splunk neither reaffirms its prior outlook or goals regarding revenues, new customers and new developers for fiscal 2012 nor does it provide any new outlook regarding anticipated future results.

Splunk is a registered trademark of Splunk, Inc.  

About Splunk

Splunk is the leading provider of operational intelligence software used to monitor, report and analyze real-time machine data as well as terabytes of historical data—located on-premise or in the cloud. Almost half of the Fortune 100 and more than 2,900 enterprises, service providers and government organizations in more than 70 countries use Splunk to improve service levels, reduce IT operations costs, mitigate security risks, and drive new insights for IT and the business. For more information please visit www.splunk.com.

SOURCE Splunk