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 platform is used by Fortune 5000 enterprises such as Intel, Cisco, United, Abbott, Marriott and Expedia, among others.


BigPanda is backed by Advent International, Insight Partners, Sequoia Capital, Mayfield, Battery Ventures, Wells Fargo Strategic Capital, Glynn Capital, Greenfield Partners, UBS’ UBS Next, Pelion, and others. The company raised $20M in an extension of its Series E round on Aug 17, 2022. This brings BigPanda's total funding to $337M to date. BigPanda was valued at $1.2B from the previous Series D raised in Jan 2022.



  • Year founded: 2012
  • Funding Info: $337M over 8 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.2B as of Jan 12, 2022
  • City/Town: Mountain View
  • State: California
  • Country: United States
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