Splunk Announces Year-Over-Year Quarterly Revenue Growth of 68%

SAN FRANCISCO, May 17, 2011 /PRNewswire/ -- Splunk, the leading provider of operational intelligence software, today announced year-over-year quarterly growth of 68 percent for the quarter ending April 30, 2011. Additionally, Splunk increased its customer base to over 2,600 customers in 78 countries worldwide.

"Our first quarter results support our FY 2012 goals of adding 1000 new customers, 100 new developers and generating $100 million in revenue," said Godfrey Sullivan, president and CEO of Splunk.  "The addition of over 50 new Apps to Splunkbase validates how developers and partners are embracing Splunk as the engine for machine data. They are building robust applications across our core solution areas–Application Management, IT Operations, Security, Compliance, Business Analytics and Web Intelligence."

Q1 Highlights:

Customers

• Added 286 new licensed customers for a total of over 2,600 customers in 78 countries
• Hosted 13 SplunkLive! customer events in six countries
• Continued momentum in key industries including: communications, government, financial services, high tech and education
• Announced the Second Annual Splunk Worldwide Users' Conference
• Presented with Splunk customer NPR at the GigaOM Structure Big Data conference in New York on the topic of big data and web intelligence

Developers

• Added 52 new Splunkbase Apps – 137 total Apps now available for download
• Jointly developed partner Apps including: Splunk for Bluecoat, Splunk for F5, Splunk for Palo Alto Networks and Splunk for Citrix Netscaler supporting AppFlow
• Added new partner-created Apps: Centrify Active Directory Integration for Splunk and Solera DeepSee App for Splunk
• Opened a research and development office in Seattle, Washington

Products

• Released Splunk 4.2 with real-time alerting and enhanced support for global deployments; eclipsed record downloads set by prior releases
• Completed Federal Common Criteria Evaluation Assurance Level EAL-2+ certification from the National Information Assurance Partnership (NIAP) Common Criteria Evaluation and Validation Scheme (CCEVS)

Company 

• Achieved 68 percent year-over-year Q1 revenue growth
• Hired the company's first CIO and the first General Counsel
• Named one of the Best Places to Work by the San Francisco Business Times for the fourth consecutive year
• Surpassed 300 employees, with five offices worldwide

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 2,600 enterprises, service providers and government organizations in 78 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