Tech Company Financing Transactions
New Relic Funding Round
BlackRock, Passport Capital and T. Rowe Price participated in a $100 million funding round for New Relic. The round was announced on 4/28/2014.
Transaction Overview
Company Name
Announced On
4/28/2014
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
BlackRock (Lead Investor)
Passport Capital (Lead Investor)
Proceeds Purpose
This funding will help us further accelerate company momentum on a global basis, build out our presence among large enterprises and develop both new and existing products, including our real-time analytics platform to enable more organizations make better data-driven business decisions.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
188 Spear St. 1200
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
New Relic, Inc. (NYSE: NEWR) 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lewis Cirne
Chief Financial Officer
Mark Sachleben
Chief Marketing Officer
Seema Kumar
President
Michael Christenson
VP - Human Resources
Kristy Friedrichs
VP - Operations
Bonney Pelley
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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