BigPanda

BigPanda is a private software company headquartered in Mountain View, California. It develops artificial intelligence software that detects and analyzes problems in IT systems.[1] As of 2019, BigPanda has raised $120 million in venture capital funding.[1]

BigPanda
TypePrivate
IndustrySoftware
Founded2012
FounderAssaf Resnick
Elik Eizenberg
Headquarters
Mountain View, California
Websitebigpanda.io

BigPanda was founded in 2012[2] with $1.5 million in initial funding.[3] Two years later, the company came out of stealth mode, took its software-as-a-service product out of beta, and announced $7 million in Series A funding.[2][3] This was followed by a Series B funding round in 2015 that was originally for $16 million[4] then grew by $23 million more.[5] A Series C funding round in late 2019 raised another $50 million for international expansion and product development.[1]

BigPanda's software-as-a-service[3] correlates "alerts, changes, and topology" in IT environments,[6] in order to predict the root of a problem[7] and recommend how to fix it.[1]

References
  1. Vartabedian, Marc (November 21, 2019). "IT Management Startup BigPanda Raises $50 Million". The Wall Street Journal. Retrieved July 15, 2020.
  2. Miller, Ron (October 27, 2014). "BigPanda Wants To Bring Order To IT Alerts Madness". TechCrunch. Retrieved July 14, 2020.
  3. Thibodeau, Patrick (October 28, 2014). "Startup aims to bring order to performance monitoring". Computerworld. Retrieved 9 November 2015.
  4. "Funding Snapshot: Incident Response Startup BigPanda Adds $5M to Series B". The Wall Street Journal. May 17, 2016. Retrieved July 15, 2020.
  5. "Israeli big data co BigPanda raises $23m". Globes. November 1, 2017.
  6. McCarthy, Vance (February 10, 2020). "BigPanda AIOps Adds Root-Cause Changes To Speed Incident and Outage Resolution". Idevnews. Retrieved August 5, 2020.
  7. Linthicum, David, Vendor Profile: BigPanda (PDF), Giga Om, retrieved July 18, 2020
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