BigPanda

BigPanda
TypePrivate
IndustrySoftware
Founded2012
FounderAssaf Resnick
Elik Eizenberg
Headquarters
Redwood City, California
Websitebigpanda.io

BigPanda is a private software company headquartered in Redwood City, California. BigPanda Incident Intelligence and Automation, powered by AIOps, supports companies to prevent service outages and improve incident management.[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 became valued at $1.2 billion following a new Series D & E round bringing its total capital to $340 million.[6]

References

  1. ^ a b 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 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. ^ Wiggers, Kyle (2022-08-17). "AIOps startup BigPanda raises Series E extension, bringing its total capital to $340M". TechCrunch. Retrieved 2023-03-01.

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