BigPanda operates an alert correlation platform that centralizes and correlates information technology alerts for businesses. The company's platform leverages artificial intelligence to transform data into actionable insights, thereby enabling operations teams to automate incident management. This not only helps to prevent IT outages but also enhances incident management, ensuring the smooth running of digital businesses.
Glynn Capital, Battery Ventures, TPG, Mayfield Fund, Sequoia Capital Israel, UBS Group, The Syndicate Group, Greenfield Partners, Sunley House Capital Management, Advent International, Pelion Venture Partners, Metro Spaces, S Capital VC, Akkadian Ventures, Wells Fargo.
The Israeli company, which raised $190 million at a $1.2 billion valuation last year, is parting ways with around 40 employees in total
Company Delivers Higher Scores Than the Average Finalist as Employees Identify Collaboration as the Main Strength of the Work Environment
BigPanda, a startup developing AI to audit changes in IT environments and recommend how to fix them, has raised $20 million in an extension of its Series E round. UBS Next and Wells Fargo Strategic Capital contributed to the tranche, bringing BigPanda’s total…