
BigPanda
Founded Year
2012Stage
Series D - II | AliveTotal Raised
$348.5MLast Raised
$15M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+2 points in the past 30 days
About BigPanda
BigPanda specializes in AIOps and incident management. The company offers a platform for detecting, investigating, and remediating IT incidents, along with analytics and data correlation to support operational tasks. BigPanda serves enterprises across industries, including financial services, healthcare, and insurance providers. It was founded in 2012 and is based in Redwood City, California.
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BigPanda's Product Videos


ESPs containing BigPanda
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The IT incident management market refers to the tools and solutions that organizations use to manage and resolve IT incidents, which are disruptions or failures in their IT services or systems. Incident management solutions help companies quickly identify and address incidents, minimize their impact on business operations, and prevent them from recurring in the future. The benefits of investing in…
BigPanda named as Outperformer among 15 other companies, including ServiceNow, PagerDuty, and Palo Alto Networks.
BigPanda's Products & Differentiators
AIOps Event Correlation and Automation Platform
BigPanda's AIOps Event Correlation and Automation platform helps prevent and resolve outages for enterprises.
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Expert Collections containing BigPanda
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BigPanda is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
Tech IPO Pipeline
282 items
Track and capture company information and workflow.
Artificial Intelligence
7,632 items
Latest BigPanda News
Oct 16, 2024
News provided by Share this article Share toX Automated Incident Analysis and Root Cause Detection to Reduce Downtime and Enhance IT Service for Verinext Managed Services Customers PHILADELPHIA, Oct. 16, 2024 /PRNewswire/ -- Verinext , the company that delivers transformative business outcomes through technology and services for everything that comes next, today announced a new partnership with BigPanda , the leader in AI-powered IT operations and incident management. Together, the companies are integrating advanced analytical AI capabilities to accelerate incident analysis, reduce mean time to resolution, and enhance IT operations' ability to resolve critical issues with speed and accuracy. "BigPanda's analytical AI capabilities for event and incident management are a game changer for our managed services clients," said Matt Bynum, Senior Vice President, Managed Services, Verinext. "With this partnership, we're able to provide fast, automated insights and suggest root causes for incidents in real time, identifying problems before they escalate and ultimately mitigating downtime. This fits perfectly with our commitment to delivering next-generation IT solutions that keep businesses running smoothly." "We are excited to partner with Verinext, a proven managed services leader that empowers businesses to transform and secure their operations through technology," said Chris Reites, Vice President, Pre Sales & Global Alliances, BigPanda. "Our AI-powered platform quickly detects issues before they become incidents and accelerates investigation with automated incident analysis that delivers clear, natural language summaries. This results in improved team productivity and faster resolution times, enabling IT to meet business requirements while lowering costs." BigPanda's AI-powered event and incident management solutions power critical stages of the incident lifecycle, giving teams highly relevant insights to detect, investigate, and resolve incidents quickly. IT operations and managed services teams using this technology are able to standardize and centralize data, unify communication across stakeholders, and reduce escalations to senior staff. BigPanda's AI-driven platform enables enterprises to maintain service uptime while delivering operational efficiency. Verinext offers BigPanda's AI-powered IT operations and incident management platform as part of its comprehensive suite of managed services designed to enhance operational efficiency, security, and business resilience. By combining BigPanda's advanced technology with Verinext's services expertise in cybersecurity and IT transformation, customers are empowered to streamline incident management processes, reduce operational friction, and unlock new efficiencies. For more information visit: https://verinext.com/solutions/security . About BigPanda BigPanda Inc. unifies operational data, teams, and workflows with AI-powered event and incident management. BigPanda's AIOps platform enables IT to meet customer expectations and business requirements while lowering costs, and ensures business services perform at the highest level to protect and grow revenue. Visit www.bigpanda.io for more information. About Verinext Verinext delivers transformative business outcomes through technology and services so customers are ready for everything that comes next. From intelligently automating time-consuming tasks and protecting data assets to securing infrastructure and improving customer experiences, Verinext activates the innovation that makes technology truly work so businesses can make their next move with confidence. With five offices across the south and northeast, Verinext is backed by Mill Point Capital LLC. Learn more at verinext.com. SOURCE Verinext
BigPanda Frequently Asked Questions (FAQ)
When was BigPanda founded?
BigPanda was founded in 2012.
Where is BigPanda's headquarters?
BigPanda's headquarters is located at 555 Twin Dolphin Drive, Redwood City.
What is BigPanda's latest funding round?
BigPanda's latest funding round is Series D - II.
How much did BigPanda raise?
BigPanda raised a total of $348.5M.
Who are the investors of BigPanda?
Investors of BigPanda include UBS Next, Wells Fargo Strategic Capital, Akkadian Ventures, Insight Partners, Advent International and 12 more.
Who are BigPanda's competitors?
Competitors of BigPanda include Selector, Keep, Resolve AI, StackState, Anodot and 7 more.
What products does BigPanda offer?
BigPanda's products include AIOps Event Correlation and Automation Platform.
Who are BigPanda's customers?
Customers of BigPanda include Expedia and LogMeIn.
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