New Relic Receives $10,000,000 Series C Funding Round

  • Feed Type
  • 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
  • Venture Investor
    Tenaya Capital
  • Venture Investor
    Allen & Company
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Trinity Ventures

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