BigPanda
Headquarters
Mountain View, CAFounded
2012CEO / Founder
Elik EizenbergEmployees
201-500Funding
Series D+ — $240MProducts
1 product listedAvg. AI Score
7.0/10Website
bigpanda.io/
Profile updated
About BigPanda
BigPanda develops event correlation and automation software for IT operations teams. The company was founded in 2011 by Elik Eizenberg and Assaf Resnick and is headquartered in Mountain View, California.
The company's core product ingests alerts and events from monitoring, observability, and ITSM tools, using machine learning to correlate them into incidents and reduce alert noise. Its platform is used by IT operations and NOC teams at large enterprises to shorten detection and resolution times for outages and service disruptions, integrating with tools such as Splunk, Datadog, ServiceNow, and PagerDuty.
BigPanda has raised funding from investors including Sequoia Capital, Battery Ventures, Mayfield Fund, and Insight Partners across multiple rounds. The company has scaled its workforce into the hundreds of employees and has positioned itself within the broader AIOps and IT incident management market alongside competitors such as Moogsoft and PagerDuty.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by BigPanda
All products by BigPanda reviewed by our AI panel of experts.
How Our Review Panel Scores BigPanda
Six independent reviewer personalities assessed BigPanda's product on their own terms. They disagreed by 2.0 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who BigPanda competes with, and how they differ.
The closest pure-play AIOps rival, built around the same anomaly-detection and event-correlation core; unlike BigPanda it has not added an agentic incident-response/automation layer (BigPanda's 2025 AI Detection and Response, built on the Velocity acquisition).
1 product reviewed on TopReviewed
A much broader ITSM/ITOM platform (CMDB, ticketing, workflow automation) with AIOps as one module inside it, versus BigPanda's focus as a specialized event-correlation layer — the two are also certified partners, with BigPanda selling a Build Partner app inside ServiceNow rather than competing head-on for every deal.
1 product reviewed on TopReviewed
Splunk IT Service Intelligence layers AIOps on top of its log/data-analytics platform, so value depends on routing full log and metric volumes (and paying per-GB) through Splunk; BigPanda instead correlates alerts already generated by a customer's existing monitoring stack without requiring that data migration.
1 product reviewed on TopReviewed
A full-stack observability platform (APM, logs, infrastructure monitoring) with AIOps features native to its own telemetry; BigPanda is monitoring-tool agnostic, aggregating and correlating alerts across many observability tools including Datadog itself (the two have been Datadog Marketplace partners since 2021).
1 product reviewed on TopReviewed
Focused on downstream on-call scheduling, notification and escalation workflows once an incident is declared; BigPanda sits upstream, correlating and suppressing noisy alerts before they generate a page, so the two are frequently deployed together rather than as pure substitutes.
1 product reviewed on TopReviewed
Davis AI is bundled into Dynatrace's own all-in-one observability and APM suite (auto-discovery, code-level tracing), pushing customers toward a single-vendor stack; BigPanda instead ingests alerts from whatever monitoring tools a customer already runs, Dynatrace included, as a vendor-agnostic correlation layer.
1 product reviewed on TopReviewedCompany Timeline
Key milestones in BigPanda's history, with sources.
- Partnership
Became certified ServiceNow Build Partner
BigPanda launched a certified ServiceNow application as an elite Build Partner, integrating event intelligence and incident automation into ServiceNow ITSM with up to 99% alert-noise reduction reported by customers.
bigpanda.io - Partnership
Partnered with Downdetector by Ookla
BigPanda integrated with Downdetector by Ookla to bring real-time external outage signals into its AI Incident Assistant, helping teams distinguish internal infrastructure issues from third-party outages.
bigpanda.io - Acquisition
Acquired Velocity, an AI-powered SRE company
BigPanda acquired Velocity, an AI-powered SRE and major-incident-response company; founder Tal Kain joined BigPanda as VP of AI Detection and Response to advance automation of Level 1 IT operations.
bigpanda.io - Launch
Launched Agentic ITOps platform
BigPanda launched its agentic IT operations platform, including AI Detection and Response (autonomous L1 incident handling) and AI Incident Assistant, built on an IT Knowledge Graph unifying structured and unstructured operational data.
bigpanda.io - Funding
Extended funding round with UBS Next and Wells Fargo Strategic Capital
BigPanda extended its January 2022 funding round with new investment from UBS Next and Wells Fargo Strategic Capital, both existing customers, to fund R&D and strategic acquisitions.
bigpanda.io - Funding
$190M round led by Advent International and Insight Partners at $1.2B valuation
BigPanda raised $190 million led by Advent International and Insight Partners at a $1.2 billion valuation, described as the largest valuation in the AIOps segment to date; 2021 net-new ARR grew 155% year-over-year.
bigpanda.io - Funding
Series C — $50M led by Insight Partners
BigPanda raised a $50 million Series C led by Insight Partners, with Sequoia Capital, Battery Ventures, Mayfield and Greenfield Partners participating, bringing total funding to over $120 million.
reuters.com - Funding
Series B extended to $49M, led by Greenfield Partners
BigPanda added $23 million to its Series B, led by Greenfield Partners (backed by TPG Growth) with Sequoia Capital, Battery Ventures, Mayfield and Glynn Capital participating, bringing total Series B funding to $49 million.
bigpanda.io - Funding
Added $5M to Series B for $21M total
BigPanda added $5 million to its Series B round for a cumulative $21 million, adding Pelion Venture Partners as a new investor and bringing total funding to date to $30 million.
bigpanda.io - Funding
Raised $16M Series B led by Battery Ventures
BigPanda raised $16 million in Series B funding led by Battery Ventures, with Sequoia Capital and Mayfield participating; Battery's Scott Tobin joined the board.
bigpanda.io - Funding
Series A — $7M led by Mayfield
BigPanda raised a $7 million Series A led by Mayfield with participation from Sequoia Capital, which had previously led a $1.5 million seed round, bringing total funding to $8.5 million.
techcrunch.com - Founded
Founded by Assaf Resnick and Elik Eizenberg
BigPanda was founded in 2012 by CEO Assaf Resnick and VP of R&D Elik Eizenberg, headquartered in Mountain View, CA with an R&D office in Tel Aviv.
bigpanda.io
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