BigPanda
BigPanda is a data science platform for centralizing and correlating IT alerts.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 Valuation: €0.0 | round | |
* | $20.0m Valuation: $1.2b | Series E | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 25 % | 2 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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BigPanda.io is a technology startup that operates in the IT Operations (ITOps) sector, providing an artificial intelligence (AI) platform designed to streamline and automate ITOps activities. The company's platform uses advanced AI and machine learning (ML) algorithms to automatically identify critical alerts, reduce IT alert noise by over 95%, and detect issues before they escalate into incidents. This proactive approach helps to reduce downtime and the mean time to resolve issues, ultimately saving costs for businesses.
BigPanda.io's primary clients are ITOps, Network Operations Center (NOC), and Site Reliability Engineering (SRE) teams across various industries. The company's platform has been recognized by leading industry experts, including Gartner, for enhancing end-to-end visibility and incident reduction, thereby improving reliability and resilience of IT systems.
The company's business model revolves around its Open Integration Hub, which brings together monitoring, change, topology, Configuration Management Database (CMDB), service maps, and trace information into a central hub. This provides operational awareness of IT systems, helping to uncover IT bottlenecks and optimize monitoring and IT Service Management (ITSM) workflows. The platform also automates workflows for DevOps, SRE, and Platform Engineering, further enhancing efficiency.
BigPanda.io generates revenue by charging its clients for access to its platform and its various features. The platform has been praised by clients for its ability to deliver significant value within weeks, automate a high percentage of alerts, and contribute to achieving high system availability numbers.
Keywords: BigPanda.io, ITOps, AI, ML, Alert Reduction, Proactive Operations, IT System Monitoring, Workflow Automation, Operational Awareness, ITSM Optimization.