Enterprise IT startup BigPanda announced the close of $23 million in Series B financing led by Greenfield Capital Partners, with participation from Sequoia Capital, Battery Ventures, and Mayfield Fund.
BigPanda Inc. enables Enterprise IT to intelligently automate and scale service operations to meet the complex demands of the modern datacenter. The company’s Algorithmic Service Operations platform turns IT noise from fragmented clouds, teams, applications, and monitoring tools into actionable insights to speed the resolution of IT incidents.
According to the company, many of the world’s largest enterprises such as Intel, Workday, News Corp, Macy’s, and Cisco rely on BigPanda to power their service operations.