New Relic Lands $15,000,000 New Financing
- Feed Type
- 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
- 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
