Type | Private |
---|---|
Industry | Software |
Founded | 2012 |
Founder | Assaf Resnick Elik Eizenberg |
Headquarters | |
Website | bigpanda |
BigPanda is a private software company headquartered in Mountain View, 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]
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