splunk > ers
A band of entrepreneurs and partners from August Capital and Sevin Rosen Funds descended 165 feet today to explore the deep chambers and passages of the California underground. The team emerged from its venture capital presentation with a $5M investment in their new company Splunkâ„¢ Technology.
Splunk Technology is building a disruptive new approach to managing IT infrastructure. The market for IT management products is one of the largest software markets in the world, but is currently stagnated with old, out-dated technologies and solutions – it is ready to be reinvented.
Hmm. Uphill battle with an IT dept not set on switching IT management products.
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