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About BigPanda
Industries
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Series E
Total Funding
$302.5M
Headquarters
Redwood City, California
Founded
2012
Overview
BigPanda offers an AI platform that automates IT Operations (ITOps) by identifying critical alerts and reducing alert noise, which helps teams detect issues before they escalate. Its Open Integration Hub consolidates various IT monitoring tools into one interface, providing better operational awareness and optimizing workflows for DevOps and Site Reliability Engineering (SRE) teams. This proactive approach minimizes downtime and shortens issue resolution times, ultimately saving costs for businesses. The goal is to deliver significant value quickly, enabling clients to achieve high system availability.
Simplify's Take
What believers are saying
- Generative AI capabilities enhance BigPanda's Automated Incident Analysis solutions.
- The rise of hybrid cloud environments increases demand for BigPanda's cloud-native platform.
- Digital transformation trends boost investment in AI-driven IT operations solutions like BigPanda.
What critics are saying
- Competitors' rapid adoption of generative AI could erode BigPanda's market position.
- New CRO Tom Melzl's strategies might disrupt existing client relationships.
- Reliance on key clients like Intel and Workday poses revenue risks if they switch providers.
What makes BigPanda unique
- BigPanda uses Open Box Machine Learning to automate incident management effectively.
- The platform reduces IT alert noise by over 95%, enhancing operational efficiency.
- BigPanda's Open Integration Hub centralizes IT monitoring and management for better insights.
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Funding
Total Funding
$302.5M
Meets
Industry Average
Funded Over
5 Rounds
Insight Partners
Battery VenturesIndustry standards
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -2%2 year growth
↓ -2%Verinext has announced a partnership with BigPanda, a leader in AI-driven IT operations and incident management.
Clumio, a data backup and recovery for critical cloud data provider, announced the appointment of Jillian Souza as Chief People Officer, strengthening its executive team with her expertise.
SAN FRANCISCO--(BUSINESS WIRE)--BigPanda, Inc., the leading AIOps platform for automating IT Operations, announced it has appointed Tom Melzl as chief revenue officer. In his role, Melzl will oversee the BigPanda sales and go-to-market strategy, leading the team as they bring AIOps into the modern world for enterprises. Melzl joins BigPanda with decades of sales leadership experience and a proven track record of driving results by leveraging data, engineering, and marketing. He has spent the entirety of his career in the technology and software industry, where he developed a passion for big data, AI, and generative AI in the realm of ITOps. Most recently, Melzl served as chief revenue officer at Coveo and supported the company’s IPO in 2021. During his tenure at Coveo, Melzl led the company from $50M ARR to $120M ARR
BigPanda appoints Tom Melzl as chief revenue officer.
BigPanda announces Generative AI capabilities.
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About BigPanda
Industries
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Series E
Total Funding
$302.5M
Headquarters
Redwood City, California
Founded
2012
There are no jobs for BigPanda right now.
Find jobs on Simplify and start your career today