Splunk Aims to Raise $125m with IPO

San Francisco-based data analytics specialist Splunk Inc has filed a registration statement with the Securities and Exchange Commission for a $125m initial public offering. The number of shares to be sold and the price for the offering have not yet been determined.

Splunk develops software to monitor, report and analyze real-time data generated by web sites, apps, servers and mobile devices. This includes monitoring and analyzing everything from customer clickstreams and transactions to network activity and call records.

Last year, revenue in the nine months through October 31 climbed 79% to $77.8m from a year earlier, while the firm's net loss increased to $9.7m from $2m.

Morgan Stanley, Credit Suisse Securities (USA), J.P. Morgan Securities and BofA Merrill Lynch will act as joint book-running managers for the offering, and UBS Securities, Pacific Crest Securities and Cowen and Company will act as co-managers.

The firm - which is led by CEO Godfrey Sullivan (pictured) - has more than 400 employees, based in nine offices around the world.

Web site: www.splunk.com .