The data management technology producer plans to invest $100m through an innovation fund and $50m through a social impact vehicle.
US-based data management software provider Splunk committed $150m to corporate venturing activities yesterday that will be invested through a vehicle called Splunk Ventures.
Splunk Ventures is operating a $100m innovation fund that will concentrate on developers of technologies that can convert data into business value, and will supply portfolio companies with market assistance, executive advice and access to its technology.
The company has also formed a $50m social impact fund that will target companies and other organisations aiming to use…
