BigPanda Raises Million To Expand Data Science Platform To Tackle Data Explosion in IT

MOUNTAIN VIEW, Calif., Oct. 1, 2015 /PRNewswire/ –BigPanda, the data science platform that correlates the ever expanding volume of IT data and alerts into consolidated insights for businesses, announced it has raised $16 million in Series B financing led by Battery Ventures, with participation from existing investors Sequoia Capital and Mayfield. Scott Tobin, general partner at Battery Ventures, will join the company’s board. BigPanda helps companies in a wide variety of industries from retail to technology to media drive revenues and keep customers happy by minimizing painful IT service disruptions or preventing them in the first place. “Every company today is a software company, and uptime is mission-critical,” said Assaf Resnick, BigPanda’s CEO. “If you’re a retailer and your point-of-sale (POS) system is down, your business is down. If you’re…


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