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Technology Stocks : Splunk

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From: Glenn Petersen	7/9/2015 9:56:25 PM
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Splunk acquires cybersecurity startup Caspida for $190M Jordan Novet VentureBeat July 9, 2015 1:40 PM Publicly traded log analytics company Splunk announced today that it has acquired Caspida, a cybersecurity startup, for a total of $190 million. “Splunk customers now have out-of-the-box user behavioral analytics to help detect, respond to and mitigate these threats,” Splunk said in a statement on the news. Caspida built tools that rely on machine learning to detect malware and advanced persistent threats. Caspida started last year and was based in Palo Alto, California. First Round Capital, Redpoint Ventures, and True Ventures have invested in the startup. Caspida chief executive Muddu Sudhakar was previously an executive at VMware, Pivotal, and EMC. venturebeat.com

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