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IT Management Company BigPanda Raises $7 million

IT management company BigPanda raised $7 million in a Series A round, said a company news release Tuesday. Mayfield led the funding, which included Sequoia Capital, BigPanda said. It also launched the first “data science platform," which will automate its…

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IT Incident Management system, it said in a separate news release. The platform will analyze the “flood of alerts" IT teams receive and cluster them into "high-level incidents,” which will then automate the "manual processes involved with detecting, investigating and collaborating around every IT incident,” it said.