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Home / Business / Splunk acquires SignalFx cloud monitoring service for $ 1.05B – ​​TechCrunch

Splunk acquires SignalFx cloud monitoring service for $ 1.05B – ​​TechCrunch



Splunk, the listed data processing and analysis company, today announced that it has acquired SignalFx for a total price of around $ 1.05 billion. About 60% of this will be in cash and 40% in Splunk common stock. The companies expect the acquisition to be completed in the second half of 2020.

SignalFx, released by stealth in 2015, provides real-time cloud monitoring solutions, predictive analytics and more. Up close, Splunk argues, this acquisition will allow it to become a leader "in the field of observability and APM for organizations in all stages of their cloud journey, from cloud-native apps to home-based local applications."

is likely to make Splunk a much stronger player in the cloud space as it expands support for cloud-native applications and the modern infrastructures and architectures they depend on.

 2019 08 21 1332 [19659002] Prior to the acquisition, SignalFx had raised $ 178.5 million, according to Crunchbase, including a recent Series E round. Investors include General Catalyst, Tiger Global Management, Andreessen Horowitz and CRV. Customers include AthenaHealth, Change.org, Kayak, NBCUniversal and Yelp.

"Data drives fuel for the modern business, and the acquisition of SignalFx makes Splunk a leader in massive surveillance and observability," said Doug Merritt, President and CEO, Splunk, in today's announcement. SignalFx will support our continued commitment to provide customers with a platform that can monitor the entire enterprise application life cycle. We are also incredibly impressed with the SignalFx team and management, whose expertise and professionalism is a strong addition to the Splunk family. "


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