Splunk
Splunk sells Splunk Enterprise, Splunk Cloud, Enterprise Security, SOAR, ITSI and Observability Cloud for searching, monitoring and analyzing machine-generated data, with growing AI-assisted security and IT operations features. Customers are large enterprises and public-sector organizations in sectors such as defense, manufacturing, education and healthcare. It earns revenue from subscriptions and licenses, and Cisco reports total ARR of about $4.2B, with nearly 900 customers paying $1M+ ARR each. Founded in 2003, it was Nasdaq-listed (SPLK) from 2012, reported about $3.65B revenue in 2023, and was acquired by Cisco for $28B in March 2024.
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