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1/29/2009
01:45 PM
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Splunk Closes '08 With Record Quarter

IT search company also realizes a year-over-year growth rate of 85%

SAN FRANCISCO " January 28, 2009 "Splunk, the IT Search company, today announced record results for the fourth quarter and year, ending December 31, 2008. The record-setting year witnessed a year-over-year growth rate of 85% capped by the best quarter in company history. In combination with this explosive growth, the company announced 143 new customers and over 42,000 downloads in Q4 2008, increasing the customer count to over 900 enterprise, service provider and government customers using IT Search to troubleshoot network outages, investigate security incidents, and drive compliance. Customer growth was distributed across all geographies and market sectors, including prominent customers such as Thomson Reuters (Global - Financial Services and Media), IBM (Global " IT Services and Software), Live Nation (Global - Entertainment), Jamba Juice Company (North America " Food Service), Otto GmbH & Co KG (the world's largest mail order company), and the University of California, Berkeley (North America " EDU). Accomplishments during the fourth quarter also included two prestigious industry awards and noteworthy press coverage. Splunk was ranked number one in Deloitte's "Technology Fast 50 Rising Star" awards for its rapid growth. In addition, Splunk was named a finalist in the SC Magazine Awards in the category for "Best Integrated Security Solution." Rounding out 2008, Splunk was honored to be named by ZDNet as "One of the Top 10 Most Influential Biztech Products of 2008."

The record-setting quarter included a partnership with F5 Networks, Inc. (NASDAQ: FFIV) the global leader in Application Delivery Networking. The Splunk and F5 partnership brings the disruptive IT Search and reporting capabilities of Splunk together with the leading application delivery technology of F5. Splunk for use with F5 solutions enables users to meet the complex needs of incident response, threat analysis and compliance and is designed specifically to work with the F5' BIG-IP' Application Security Manager (ASM) and FirePass' SSL VPN solutions. Integration capabilities with these F5 solutions are now available as free downloads, with other F5 product-specific interoperability to follow. In addition to the long list of fourth quarter achievements, Splunk expanded product platform support to support all current Windows' platforms including the 64 bit editions of Windows Vista' and Windows Server' 2008. Splunk's continued growth extended to its team as well, with the company more than doubling its number of employees worldwide in 2008. In the fourth quarter, Sheren Bouchakian joined as Vice President of Human Resources. Bouchakian has over 17 years experience in HR, including previous experience at Jefferson Insurance Group and Alliance Capital Management. In her new role, she is responsible for all HR functions in building the Splunk global team. "In the midst of the current economic environment, we are thrilled to close 2008 with a record-setting year and quarter," said Godfrey Sullivan, President and CEO of Splunk. "Our success is attributed to the value our customers achieve using IT Search to make their IT operations more efficient. Splunk customers gain complete visibility into their IT infrastructure that was previously unattainable and use this insight to achieve substantial operational efficiencies, drive security, and meet their service level agreements. As we move into 2009, our ability to deliver and advance upon this technology will only strengthen our position in the marketplace." Key Company Accomplishments: Best quarter in company history (+68% vs. Q4 '07) Year over year growth of 85% 143 new customers in Q4 411 new customers in 2008 (+88% vs. 2007) Added strategic partner: F5 Networks Winner Deloitte Fast 50 Rising Star Award Finalist SC Magazine Awards: Best Integrated Security Solution Named on ZDNet: 10 Most Influential Biztech Products of 2008 Support for all current Windows' platforms incl. 64 bit Windows Vista'/Windows Server' 2008 29 Customers in the Fortune 100 About Splunk Splunk is the IT Search company radically changing the way organizations manage their IT infrastructures. Only Splunk enables you to search, analyze, monitor and report on data from any application, server or network device in real time to troubleshoot application outages, investigate security incidents, meet compliance requirements, and more, in minutes instead of hours or days. Over 900 enterprises, government organizations and service providers, and more than 300,000 users, use Splunk to achieve higher availability, investigate security incidents in record time, and realize new levels of IT operational efficiency. Partners such as BT and Cisco and over 50 OEM, System Integrator, Value Added Reseller and Managed Service Provider partners are driving new business and fueling their offerings with IT Search. Download your own free copy of Splunk today at http://www.splunk.com

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