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BigPanda is an AIOps platform that uses machine learning to correlate IT alerts and events into actionable incidents, helping IT operations teams reduce noise and resolve outages faster.
BigPanda is an AIOps platform that uses machine learning to correlate IT alerts and events into actionable incidents, helping IT operations teams reduce noise and resolve outages faster.
Founded in 2012 by Assaf Resnick and Elik Eizenberg in Israel, BigPanda was built to solve the challenge of alert fatigue in IT operations. The company moved its headquarters to Mountain View, CA and grew to become a leader in AIOps.
BigPanda raised a $20M extension to its Series E round with contributions from UBS Next and Wells Fargo Strategic Capital, bringing total capital raised to $340 million.
BigPanda raised $120 million in Series E funding at a $1.2 billion valuation, led by Advent International and Insight Partners. The round underscored demand for AIOps solutions.
With its Series E round, BigPanda became a unicorn, valued at $1.2 billion, reflecting strong enterprise adoption of its AIOps platform for IT event correlation.
BigPanda was recognized as a leader in AIOps by major analyst firms including Gartner and Forrester, validating its ML-driven approach to IT operations management.
BigPanda deepened its integration with ServiceNow to provide seamless incident management workflows, enabling joint customers to reduce MTTR significantly.
BigPanda introduced Open Box AI, providing IT operations teams with explainable AI-driven incident correlation with full transparency into automated decisions.
Co-Founder & CTO
Elik Eizenberg co-founded BigPanda in 2012 and served as CTO, building the core AIOps and event correlation technology.
$190M raised total
Petitioner on record
BIGPANDA INC · REDWOOD CITY, CA
FY 2025
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