BigPanda completed the acquisition of Velocity.

BigPanda, an advanced IT operations platform that focuses on automating incident management, completed the acquisition of Velocity, an AI-powered SRE company. Financial terms were not disclosed. Velocity brings deep expertise in Site Reliability Engineering (SRE) and major incident response, developed alongside some of the world’s most sophisticated technology organizations. Their AI-driven approach to automating detection and response workflows perfectly complements BigPanda’s vision to bring reasoning-based automation to the highly manual world of enterprise IT Operations.