| Founded | 2013 |
|---|---|
| Closed | 2018 |
| Country | USA |
| Sector | Cybersecurity |
| Collapse type | Fire Sale |
| Founder | Eric Sammer |
Rocana
"Technically superior Splunk challenger raised $30M only to sell distressed assets back to the competitor it feared."
Distressed acquisition below last-round valuation
Key Events Timeline
Rocana raised $30M to build a big data operations analytics platform for IT and security teams, competing against Splunk with a Hadoop-based architecture that promised lower costs at scale.
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