Bishijia Technology Completes Series B Funding to Upgrade Next-Generation AIOps Products

高榕创投高榕创投·October 28, 2020

Leveraging artificial intelligence to transform IT operations, building world-leading intelligent operations (AIOps) products.

Recently, Bizseer announced the completion of a nearly RMB 150 million Series B funding round, led by HSG. Gaorong Ventures, which led Bizseer's Series A+ round, also participated in this round.

Bizseer is a high-tech enterprise focused on the R&D and supply of intelligent operations and maintenance (O&M) products. Founded in late 2016, the company is dedicated to empowering IT O&M with artificial intelligence and building world-leading AIOps products. Bizseer's AIOps products define the best industry practice of "early warning + root cause analysis" for intelligent O&M. Based on AI algorithms, they help large enterprise data centers automatically, accurately, and rapidly detect anomalies, locate faults, and predict risks from massive, complex IT infrastructure monitoring data — effectively improving IT system availability and O&M efficiency. This funding round will be used for team expansion, accelerated product R&D and upgrades, and faster industry adoption.

Pioneering Cutting-Edge Intelligent O&M Technology, Building Mature Deployment Solutions

IT O&M is one of the core technologies of the digital economy and an essential requirement for enterprise digital and information transformation. As IT systems scale up and technologies evolve (such as distributed architectures, containers, and microservices), the IT objects requiring management grow increasingly numerous and complex, causing monitoring data to expand exponentially. Traditional O&M methods struggle to scale, leading to frequent failures and risks. Enterprises urgently need to build reliable, efficient intelligent O&M systems. Bizseer was founded precisely to pioneer cutting-edge intelligent O&M technology and build mature deployment solutions, providing enterprises with O&M technology support.

Bizseer's core team originates from the Intelligent O&M Lab at Tsinghua University, having accumulated substantial frontier research achievements that lay a solid foundation for the commercialization of intelligent O&M technology and products. The company holds more than ten core algorithm invention patents and has published dozens of intelligent O&M-related scientific and technological innovation papers at top international academic conferences and journals, building business moats through research and technical strength. Currently, these patented algorithms have been applied to Bizseer's AIOps products, assisting enterprises in solving common problems such as improving fault detection and root cause analysis efficiency during data center O&M.

Grounded in an out-of-the-box product philosophy, Bizseer's AIOps products have been continuously validated, optimized, iterated, and updated in real-world business O&M scenarios. With features such as flexible and accurate dynamic thresholds, second-level fault detection, and minute-level fault localization, the company has distinguished itself among domestic intelligent O&M vendors and become the choice of numerous enterprise customers.

At the product promotion level, Bizseer emphasizes the combination of AIOps scenario integration capabilities and commercial deployment capabilities. On one hand, it has deepened close cooperation with more than ten leading enterprises including China Construction Bank, tackling persistent pain points troubling enterprise data centers, outputting solutions, and building benchmark engineering cases and industrial achievements. On the other hand, it continuously accelerates the upgrade and improvement of standardized and general-purpose products to meet the O&M scenario needs of a broader range of enterprise customers. Throughout the deployment of its intelligent O&M products, Bizseer also insists on enhancing enterprise O&M teams' understanding and awareness of AIOps, establishing data-driven work habits for solving O&M problems, while promoting enterprises to further improve their intelligent-oriented monitoring data infrastructure, accelerating the transition from data O&M centers to the intelligent O&M era.

Advancing Efficiency Transformation in the Intelligent O&M Industry, Becoming an Accelerator for Enterprise Digital Construction

Currently, Bizseer's AIOps products have been deployed at more than 30 customers including China Construction Bank, the People's Bank of China Clearing Center, Bank of Communications, China Merchants Bank, China Everbright Bank, China Minsheng Bank, China Guangfa Bank, and Everbright Securities, providing strong support for enterprise O&M decision-making through mature and reliable technical solutions.

Bizseer CEO Dapeng Liu stated that intelligence is the inevitable path for IT O&M development, and more and more peers are gathering on this road. Bizseer will bring together top talent, leading customers and partners, and first-tier capital to jointly explore and build this path. The company will continue to strengthen research and R&D investment, promoting the practical deployment of intelligent O&M algorithms in real-world scenarios. At the same time, drawing on accumulated experience in leading enterprise O&M scenarios, it will continuously explore and broaden business scenario boundaries, feeding back into product R&D and technological innovation, achieving a virtuous cycle for Bizseer's AIOps products and intelligent O&M solutions across industry, academia, and research.

Going forward, the intelligent O&M market will further expand. According to Gartner's prediction, 40% of DevOps teams will adopt AIOps platforms by 2023 to enhance application and infrastructure monitoring capabilities. In response, Dapeng Liu stated that this funding will be used for R&D and innovation of next-generation AIOps products, advancing productization and scenario-based upgrades, as well as for expanding team size and market sales and promotion, striving to advance efficiency transformation in the intelligent O&M industry and become an accelerator for enterprise digital construction.

Michael Mao, founding partner of Gaorong Ventures, said, "Bizseer's intelligent O&M technology is very advanced, continuously improving solution effectiveness in real business scenarios. Through many exchanges with the Bizseer team, we have felt their rapid growth. We congratulate Bizseer on completing this new funding round, thank the team for their unremitting efforts, and look forward to Bizseer's continued deep cultivation in the intelligent O&M field and even greater achievements."

Gaorong Ventures Completes Fundraising of Over RMB 10 Billion, Accompanying Entrepreneurs to Create Long-Term Value

How to Do Organizational Management and Incentives Well? Huawei's Former Financing Director: Respect Human Nature, Distribute Money Correctly, the Fearful Survive | Ronghui

Hangzhou Nationalchip Technology Completes Series C Funding of Several Hundred Million Yuan