Splunk to acquire VC-backed SignalFx for $1.05 bln

Splunk Inc has agreed to acquire San Mateo, California-based SignalFx, a provider of real-time cloud monitoring and observability for infrastructure, microservices and applications, for $1.05 billion. SignalFx's backers included Tiger Global Management, General Catalyst, Andreessen Horowitz and CRV.

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