Company Overview
Snapshot
Founded in November 2011 by Assaf Resnick and Elik Eizenberg, BigPanda operates with 201–500 employees. The company has raised a total of $327.55 million across 9 funding rounds from 11 investors. In January 2022, BigPanda secured a significant funding round with Advent Venture Partners as a lead investor.
Business overview
BigPanda provides a data science platform designed to centralize and correlate IT alerts, helping IT teams detect and resolve critical issues more rapidly. The company leverages data science to transform vast volumes of IT alerts from fragmented clouds, applications, services, and systems into actionable insights. By intelligently clustering IT alerts into high-level incidents, BigPanda aims to reduce alert noise and accelerate the identification of critical problems. It operates within the Business Software sector, focusing on IT, R&D & Data Solutions, and Data Analysis & Decision Support, serving enterprise and professional services, particularly in IT and data centers.
Strategic signal
In April 2023, BigPanda announced a workforce reduction of 13%, indicating a strategic restructuring aimed at optimizing operations. This move suggests a focus on efficiency and adapting to market conditions, signaling a potential shift in the company's growth strategy towards leaner operations and resource allocation.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant strategic move by BigPanda in late 2025?
- In November 2025, BigPanda acquired Velocity, a system reliability startup, to deepen its AI operations and automation capabilities.
- When did BigPanda last raise a funding round, and who were the investors?
- In August 2022, BigPanda extended its Series E funding round with investments from Wells Fargo Strategic Capital and UBS.
- Which investors participated in BigPanda's Series D funding round?
- In January 2022, BigPanda raised a Series D round led by Advent Venture Partners, with participation from.
- What was a key partnership announced by BigPanda in 2020?
- In October 2020, BigPanda and Datadog formed a partnership for integration and go-to-market strategies.
- What recognition did BigPanda receive from Gartner in 2016?
- In May 2016, Gartner named BigPanda an IT Tools Cool Vendor, recognizing its contributions to availability and performance.