Splunk Ventures Launches with $150 Million to Fund Next-Gen Data Analytics
September 18, 2019
Share this

Splunk announced the launch of Splunk Ventures and two inaugural funds designed to help the next generation of data doers turn data into doing.

Through a $100 million Innovation Fund and a $50 million Social Impact Fund, Splunk Ventures is investing in early stage companies that can harness the power of data to change the world.

Splunk Ventures is designed to invest in companies that will further drive growth of the technology ecosystem that brings data to every decision, question and action. Ultimately, these investments help customers, partners and third-party developers address new use cases and realize more value from their data.

“Organizations around the world are not only racing to make faster, better decisions, they’re also hoping to turn data into business outcomes that are both cost and time effective,” said Doug Merritt, President and CEO, Splunk. “To meet this demand and help data live up to its full, world changing potential, it’s critical that Splunk invest in technologies that can help remove the barrier between data and action. I’m thrilled to launch Splunk Ventures and can’t wait to start working with some of the groundbreaking companies we’re investing in, as we work together to bring data to everything.”

The Splunk Ventures Innovation Fund is a $100 million fund that invests in startups working to transform data into business value. In addition to funding, Splunk Ventures provides portfolio companies with go-to-market support, access to Splunk technology and engagement with Splunk leaders.

While the growth of technology is paramount to amplify data’s impact, Splunk also believes that data has the power to make the world a better, stronger and more inclusive place for all. The Splunk Ventures Social Impact Fund is a $50 million fund that invests in organizations using data for the good of society.

“At Splunk, we firmly believe that data offers unparalleled potential to make the world better. As the world’s Data-to-Everything Platform, we have a responsibility to turn that potential into a reality,” said Ammar Maraqa, SVP of Strategy and Corporate Development, Splunk. “Through investments, the Splunk Ventures Social Impact Fund helps us make good on our promise to improve society, solve problems and promote positive change with data. We’re proud to take this unique approach to the investment market, where we measure success not just on the bottom line, but also on societal impact.”

Share this

The Latest

November 19, 2019

Unexpected and unintentional drops in network quality, so-called network brownouts, cause serious financial damage and frustrate employees. A recent survey sponsored by Netrounds reveals that more than 60% of network brownouts are first discovered by IT’s internal and external customers, or never even reported, instead of being proactively detected by IT organizations ...

November 18, 2019

Digital transformation reaches into every aspect of our work and personal lives, to the point that there is an automatic expectation of 24/7, anywhere availability regarding any organization with an online presence. This environment is ripe for artificial intelligence, so it's no surprise that IT Operations has been an early adopter of AI ...

November 14, 2019

A brief introduction to Applications Performance Monitoring (APM), breaking it down to a few key points, followed by a few important lessons which I have learned over the years ...

November 13, 2019

Research conducted by ServiceNow shows that Gen Zs, now entering the workforce, recognize the promise of technology to improve work experiences, are eager to learn from other generations, and believe they can help older generations be more open‑minded ...

November 12, 2019

We're in the middle of a technology and connectivity revolution, giving us access to infinite digital tools and technologies. Is this multitude of technology solutions empowering us to do our best work, or getting in our way? ...

November 07, 2019

Microservices have become the go-to architectural standard in modern distributed systems. While there are plenty of tools and techniques to architect, manage, and automate the deployment of such distributed systems, issues during troubleshooting still happen at the individual service level, thereby prolonging the time taken to resolve an outage ...

November 06, 2019

A recent APMdigest blog by Jean Tunis provided an excellent background on Application Performance Monitoring (APM) and what it does. A further topic that I wanted to touch on though is the need for good quality data. If you are to get the most out of your APM solution possible, you will need to feed it with the best quality data ...

November 05, 2019

Humans and manual processes can no longer keep pace with network innovation, evolution, complexity, and change. That's why we're hearing more about self-driving networks, self-healing networks, intent-based networking, and other concepts. These approaches collectively belong to a growing focus area called AIOps, which aims to apply automation, AI and ML to support modern network operations ...

November 04, 2019

IT outages happen to companies across the globe, regardless of location, annual revenue or size. Even the most mammoth companies are at risk of downtime. Increasingly over the past few years, high-profile IT outages — defined as when the services or systems a business provides suddenly become unavailable — have ended up splashed across national news headlines ...

October 31, 2019

APM tools are ideal for an application owner or a line of business owner to track the performance of their key applications. But these tools have broader applicability to different stakeholders in an organization. In this blog, we will review the teams and functional departments that can make use of an APM tool and how they could put it to work ...