Splunk Acquires SignalSense to Bolster Machine-Learning Capabilities
Splunk, Inc., the billion-dollar “unicorn” and purveyor of the popular big data operational intelligence and real-time analytics platform, has acquired SignalSense, Inc., a privately held technology company known for cloud-based data collection and breach detection solutions. The acquisition was funded with cash from Splunk’s balance sheet for an undisclosed amount, on undisclosed terms.
Seattle-based SignalSense will join Splunk’s Products organization in its Seattle office. Splunk says that its goal with tthe acquisition is to “leverage expertise from the SignalSense team to further advance its machine learning capabilities and its market-leading machine data platform.”
“The SignalSense team consists of industry-leading experts in building modern cloud applications and applying machine learning to data at scale. The addition of the SignalSense team will help expand Splunk’s product leadership and drive customer value,” said Richard Campione, chief product officer, Splunk. “We welcome SignalSense to the Splunk family and look forward to working together to deliver automated insights across cloud and hybrid environments.”
“Before joining SignalSense, I spent three amazing years at Splunk, and I’m thrilled to return as the company continues to rapidly innovate. Splunk is the perfect platform for our team to make a big impact on Splunk’s substantial customer base,” said Brad Lovering, chief engineering officer, SignalSense. “As organizations continue to realize the value hidden in machine data, while moving workloads to hybrid and cloud environments, there’s never been a better time to help Splunk customers solve these challenging issues with machine learning and artificial intelligence.”