New Relic Garners $80,000,000 New Funding

  • Feed Type
  • Date
    2/6/2013
  • Company Name
    New Relic
  • Mailing Address
    101 Second Street 15th Floor San Francisco, CA 94105
  • 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
    $80,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing will be used to help the company expand into the mobile market, extend operations to Europe and increase its enterprise footprint, all in preparation for a future public offering.
  • M&A Terms
  • Venture Investor
    Insight Venture Partners
  • Venture Investor
    T. Rowe Price
  • Venture Investor
    Dragoneer Investment Group
  • Venture Investor
    Passport Ventures
  • Venture Investor
    Allen & Company
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Trinity Ventures
  • Venture Investor
    Tenaya Capital

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