New Relic Lands $15,000,000 New Financing

  • Feed Type
  • 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
  • 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

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