VCs Dive into Splunk

Splunk, a San Francisco-based provider of a search engine for logs and IT data, has raised $25 million in Series C funding. Ignition Partners led the deal, and was joined by return backers August Capital, JK&B Capital and Sevin Rosen Funds. The company previously raised a $10 million Series B round in early 2006 and a $5 million Series a in late 2004.