Splunk has acquired the IP and technology of data analysis software developer Rocana, which had raised more than $19.4m from backers including GV.
Machine learning technology provider Splunk has paid an undisclosed sum to acquire the technology and intellectual property (IP) of Rocana, a US-based analytics technology developer backed by internet technology group Alphabet.
Founded in 2014 as ScalingData, Rocana had developed a machine learning software platform that captured data from a range of sources before storing it to make it available for analysis. Some of its technical team will join Rocana as part of the deal.
The company had raised $19.4m in…
