Thursday, October 1, 2015

BigPanda Picks Up $16M

Mountain View-based IT alerting and data analytics provider BigPanda announced this morning that it has raised $16M in a Series B funding. The funding was led by Battery Ventures, and also included Sequoia Capital and Mayfield. BigPanda is led by Assaf Resnick. The company said that Battery's Scott Tobin joins its board as part of the funding. BigPanda's software helps use IT alerts and helps enterprises to solve their system and data center issues faster.