New Relic Garners $80,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf5ec1de-1f45-42bb-8a64-b3b20be4205f&Preview=1 - 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
