New Relic

Observability and application performance monitoring platform

San Francisco, California, United States

About New Relic

New Relic provides a platform for observability and application performance monitoring (APM) that helps businesses keep track of their entire technology stack, from user interfaces to back-end systems. The platform allows users to monitor and analyze metrics, logs, and traces, ensuring that applications perform well and issues are resolved quickly. New Relic serves a wide range of clients, from small startups to large enterprises in industries like e-commerce, finance, healthcare, and technology. The company operates on a subscription model, offering various pricing tiers and a free tier to attract new users. Its platform integrates over 700 tools and services, using artificial intelligence to enhance monitoring capabilities. This integration helps businesses streamline their operations and reduce costs, making New Relic a valuable partner for companies aiming to improve their digital services.

San Francisco, CaliforniaHeadquarters
2008Year Founded
$208.7MTotal Funding
IPOCompany Stage
Data & Analytics, Enterprise Software, AI & Machine LearningIndustries
1,001-5,000Employees

Benefits

Flex work arrangements
Career development
Professional training
Competitive pay
Company equity
Retirement & pension
Generous paid time off
Family healthcare
Paid parental leave (12 wks)
Emotional support assistance
NRgize wellness funds
Perks & discounts

Risks

Increased competition from platforms like Observe with similar Kubernetes capabilities.
Potential over-reliance on Kubernetes poses risks with technological changes.
Rapid AI advancements require continuous R&D investment to maintain competitiveness.

Differentiation

New Relic offers a unified platform integrating over 700 tools and services.
The company provides AI-enhanced observability for predictive analytics and anomaly detection.
New Relic is a leader in the Gartner Magic Quadrant for Observability Platforms.

Upsides

Growing demand for Kubernetes observability tools expands New Relic's market share.
AI-driven observability solutions align with New Relic's platform capabilities.
Hybrid and multi-cloud environments increase demand for New Relic's integration capabilities.

Funding

Total raised$208.65 M
Latest valuation$6.50 B
StageIPO
BUYOUT
6/30/2023
$6.5 K
$6.50 B
IPO
10/31/2014
$115
$1.40 B
$10
$50.00 M
SERIES B
10/31/2008
$6
$30.00 M
SERIES A
3/31/2008
$4
$17.50 M