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Big Panda
Event correlation & automation platform
- 201-500 employees
- B2B
- Artificial Intelligence
- Machine Learning
- SaaS
- Cyber Security
- Data Analysis
- Redwood Shores, Redwood City, CA
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Company mission
To help IT Ops teams reduce incidents and outages with better operational awareness.
Our take
Tech Unicorn BigPanda develops AI programmes to record and prevent corporate network outages through data analysis. Founded as an ad-tech company back in 2012, it originally had trouble maintaining its core services in a complex cloud environment, leading it to develop new software to help keep up with the rate of monitoring data.
As with the best tech companies, fixing internal problems resulted in happy accidents - new tools and products - and since receiving seed capital from Sequoia Capital in 2013, BigPanda has been a figurehead in the IT analytics industry.
Though there’s been a large increase in companies using AI for IT operations, BigPanda is still ahead of the competition, claiming to be the only AIOps company that focuses on bettering responses to IT outages and incidents specifically through event correlation and automation. With $110 million awarded in Series D and E funding in 2022, BigPanda is continuing to expand its operations, with little competition at its scale.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Workplace flexibility - We love to mingle with our friends in the office, but we love our new work-from-home set up, too. Where is your desired office?
- Competitive equity - We’re all owners. BigPanda rewards all Pandas with equity, and top performers can expect refresh grants annually
- Health benefits - You and your family should not need to worry about healthcare. We offer global competitive benefits in local markets
- Pandapacks - Employee ran and created, Pandapacks are any group of Pandas with a shared interest or hobby. Each pack receives a yearly budget to put towards fun activities to do together
- Flexible time off - We want you to have the flexibility to take time off as you need, so we have generous PTO plans to support work/life balance
- Financial wellness - We partner with Origin 1:1 Financial Planning services so all Pandas can create and personalize financial plans
- Recognition - Hosted on a quarterly and annual basis, HEART awards recognize Pandas for, leading with values. BigPanda will adopt a Panda in winner’s names and annual award winners get $1,000 to donate to a local organization of their choice
- Career development - Each Panda gets a yearly development budget to use toward skill-building programs, and we cultivate career-building
Company values
- Hunger - Challenges are constant. To thrive, one must be hungry to challenge the status quo and driven to clear the path to success
- Excellence - Excellence is hard to define and always objective. Being excellent isn’t being perfect, but the dedication to course correct, learn, grow and to not settle for less
- Active Transparency - We strive to create an environment where trust and respect give people the confidence to speak their minds
- Relentless Focus - Steve Jobs said it best: “Focusing is about saying no.” We must stay focused on doing fewer things with excellence, rather than many things with mediocrity
- Treasure The Journey - Life is too short to do something you aren’t passionate about or to work with people who don’t inspire you. We aim to celebrate each other’s wins and lend a helping hand
Funding (last 2 of 7 rounds)
Aug 2022
$20m
SERIES E
Jan 2022
$190m
SERIES D
Total funding: $311m
This company has top investors
Leadership
Assaf Resnick
(CEO)Previously Principal at Seqouia Capital and Crew Member at Jibe Ventures.
Elik Eizenberg
(CTO)Previously Algorithms and Software Developer at MarketWindows and Head of IT Operations at IDF.
Diversity, Equity & Inclusion at Big Panda
- ERGs @ BigPanda - Fostering inclusion is something we think is essential in the workplace. BigPanda’s ERG program is built to support any group of Pandas with a shared identity or mission. Bringing your whole self to work everyday.