California: California based software company Splunk has filed a registration statement with the Securities Exchange Commission for its proposed $125 million IPO. The upcoming IPIO would see Morgan Stanley & Co., Credit Suissee Securities, J.P. Morgan Securities and BofA Merrill Lynch don the roles of joint book-running managers. Also, UBS Securities, Pacific Crest Securities, and Cowen and Company will act as co-managers.

Splunk provides software to analyze and interpret the businesses data. Its vision is to make machine data accessible, usable, and valuable to everyone. Machine data is one of the fastest growing and most pervasive segments of ‘big data’, generated by websites, applications, servers, networks, mobile devices, and other similar data relied on by organizations. The company turns machine data into valuable insights regardless of the business.

Splunk was founded in 2004 by Rob Das, Michael Baum, and Erik Swan. It has over 400 employees worldwide and has over eight offices around the world. The company has raised a total of $40 million in VC fundings till date, which include $5 million in series A from August Capital in 2004, $10 million in series B from JK&B Capital in 2006. It also raised $25 million in series C from August Capital, Ignition Partners, JK&B Capital and Sevin Rosen Funds in 2007.

Prior to co-founding Splunk, Das has worked as a large-scale, distributes software architect and an engineer for both early-stage ventures and large companies, which include Avolent, Data Broadcasting, Lotus, Sun Microsystems, and Taligent. He has pursued Computer Science from Indiana University and holds the inventor credits on several U.S. patents.