New Relic Receives $10,000,000 Series C Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6ca3da02-a0e0-40e0-bc7a-b2a3933c73dc&Preview=1 -
Date
10/14/2010 -
Company Name
New Relic -
Mailing Address
139 Townsend Street San Francisco, CA 94107 -
Company Description
New Relic, Inc. offers RPM(TM), a subscription-based Rails Performance Management solution that enables developers to quickly and cost effectively detect, diagnose and fix application performance problems in real time. -
Website
http://www.newrelic.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The company will use the funds to continue its aggressive growth and cement its early dominant position as the market-leading provider of cloud services management solutions. -
M&A Terms
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Venture Investor
Tenaya Capital -
Venture Investor
Allen & Company -
Venture Investor
Benchmark Capital -
Venture Investor
Trinity Ventures
