BigPanda is a provider of an AIOps Event Correlation and Automation platform that enables IT Operations teams to automate incident management and keep their digital businesses running smoothly.
BigPanda transforms how IT teams prevent outages and resolve incidents by turning data into insights and action.
BigPanda was founded in Israel in 2012 by Assaf Resnick and Elik Eizenberg. The company is headquartered in Mountain View, California and Israel.
BigPanda's hybrid cloud infrastructure powering the digital economy is rapidly growing in scale and complexity, causing an explosion of IT data that is overwhelming IT Ops teams.
BigPanda, powered by Open Box Machine Learning, captures alerts, changes and topology data from all your disparate tools and uses machine learning to reduce IT noise, detect incidents and outages, and surface their probable root cause, in real time.
BigPanda’s AIOps Event Correlation and Automation platform helps Fortune 500 enterprises such as Intel, Cisco, United, Abbott, Marriott and Expedia take a giant step towards Autonomous IT Operations.
BigPanda is backed by Advent International, Insight Partners, Sequoia Capital, Mayfield, Battery Ventures, Glynn Capital, Greenfield Partners, Pelion, and others. The company raised $190M in Series D round on Jan 12, 2022. This brings BigPanda's total funding to $291M to date. The latest round mints BigPanda a unicorn with a valuation of $1.2B post-money.