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To: Lizzie Tudor who wrote (27107)	1/25/2006 1:39:40 PM
From: stockman_scott	Respond to of 57684

Splunk receives $10 million in Series B funding; Industry veteran Marc Sokol of JK&B joins board San Francisco – January 24, 2005 – Splunk ( splunk.com ), creators of the first search software for fast moving IT data, today announced they’ve secured $10 million in a second round of funding. JK&B Capital joins the Splunk team along with existing investors August Capital and Sevin Rosen Funds. JK&B partner and industry veteran Marc Sokol will join the Splunk Board of Directors. Marc’s 30 years in the software industry make him a perfect fit with the Splunk team. Before joining JK&B, he was Senior Vice President and General Manager, Global Marketing with Computer Associates. Prior to CA, Marc co-founded Realia, Inc., where he co-authored the Realia COBOL compiler, runtime and various utilities. Earlier in his career he was a software developer at NASA's Goddard Space Flight Center. Marc is widely recognized as an authority on Internet and infrastructure technologies and has addressed the United Nations on the challenges of managing global computer infrastructures. "The widespread adoption of distributed heterogeneous architectures makes troubleshooting increasingly difficult and expensive in today’s data center environments. The challenge has evolved from managing individual devices and components to finding the root cause of problems among the plethora of interactions between all the infrastructures moving parts," said Marc Sokol, Partner, JK&B Capital. "Splunk has delivered the solution to this problem by leveraging the growing mass of existing IT data from any source. We are convinced that search will be the dominant technology for troubleshooting complex IT environments." More than 15,000 system administrators, developers and support engineers have downloaded the Splunk Server since its launch in August 2005. Fortune 500 companies, developers and consultants in the United States, as well as globally across Europe, Australia, India, and Kenya, are splunking their systems to troubleshoot problems faster, improve service quality, and reduce the cost of responding to incidents. The demand for quickly searching through complex mountains of production IT data is turning Splunk into a global experience. In addition to the incredible growth of the Splunk Community, Splunk Powered, the company’s OEM partner program, is providing the ability for software companies, data center device and appliance vendors, and hosted service providers to integrate Splunk’s advanced search and troubleshooting technology into their own offerings. "We are excited to have Marc and the JK&B team join Splunk," said Michael Baum, Chief Executive Splunker. "This second round of funding will accelerate our goal of having Splunk everywhere. We will continue to advance the ability to Splunk any IT data in increasingly useful ways and improve the lives of all IT professionals. We will use this new investment to drive the world-wide adoption of Splunk in the data center through our growing Splunk Community and OEM partnerships with leading technology vendors through our Splunk Powered program." The free Splunk Server and Splunk Professional are available now and can be evaluated at splunk.com. About Splunk Splunk is a disruptive new approach to troubleshooting IT systems. The company was born of our own frustration building and running some of the world's largest data centers, search engines and distributed technologies at places like Apple, Infoseek, Microsoft, SourceForge.net, Sun and Yahoo. We're out to make navigating IT infrastructure as easy and powerful as surfing the Web. Splunk is a private company funded by August Capital, JK&B Capital and Sevin Rosen Funds. About JK&B Capital JK&B Capital is a venture capital firm focused in the software, IT and communications markets with over $900 million of capital under management. Founded in 1996, JK&B has built a track record of generating exceptional returns for investors by identifying and investing in companies with technologies which have been critical to the growth of the world’s information economy. Since 2000, JK&B Capital has funded many market leading security technology companies, including Zone Labs (acquired by Checkpoint) and Entercept (acquired by Network Associates/McAfee). For more information please visit jkbcapital.com.