New Relic Lands $15,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6dbf28e-9cc5-4085-9ba8-d9cd81386aee&Preview=1 -
Date
11/16/2011 -
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
$15,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The funding will be used to scale the business to meet overwhelming demand from small, mid-size and enterprise organizations for a SaaS-based solution to manage their cloud application environments. -
M&A Terms
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Venture Investor
DAG Ventures -
Venture Investor
Four Rivers Partners -
Venture Investor
Allen & Company -
Venture Investor
Benchmark Capital -
Venture Investor
Tenaya Capital -
Venture Investor
Trinity Ventures
