BigPanda

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

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 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. ^ a b c d Vartabedian, Marc (November 21, 2019). "IT Management Startup BigPanda Raises $50 Million". The Wall Street Journal. Retrieved July 15, 2020.
  2. ^ a b Miller, Ron (October 27, 2014). "BigPanda Wants To Bring Order To IT Alerts Madness". TechCrunch. Retrieved July 14, 2020.
  3. ^ a b c 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

External links[]

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