Tech Company Financing Transactions

New Relic Funding Round

DAG Ventures, Four Rivers Partners and Allen & Company participated in a $15 million capital raise for New Relic. The round was announced on 11/16/2011.

Transaction Overview

Company Name
New Relic
Announced On
11/16/2011
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors

DAG Ventures (Lead Investor) (Nicholas Pianim)

Four Rivers Partners (Lead Investor)

Allen & Company

Benchmark Capital (Peter Fenton)

Tenaya Capital (Brian Melton)

Trinity Ventures (Daniel Scholnick)

Proceeds Purpose
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.

Company Information

Company Status
Publicly-held
Industry
Software
Mailing Address
188 Spear St. 1200
San Francisco, CA 94105
USA
Phone
(650) 777-7600
Website
www.newrelic.com
Email Address
[email protected]
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
New Relic LinkedIn Company Profile
Social Media
New Relic Company Twitter Account
Company News
New Relic News
Facebook
New Relic on Facebook
YouTube
New Relic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lewis Cirne
  Lewis Cirne LinkedIn Profile  Lewis Cirne Twitter Account  Lewis Cirne News  Lewis Cirne on Facebook
Chief Financial Officer
Mark Sachleben
  Mark Sachleben LinkedIn Profile  Mark Sachleben Twitter Account  Mark Sachleben News  Mark Sachleben on Facebook
Chief Marketing Officer
Seema Kumar
  Seema Kumar LinkedIn Profile  Seema Kumar Twitter Account  Seema Kumar News  Seema Kumar on Facebook
President
Michael Christenson
  Michael Christenson LinkedIn Profile  Michael Christenson Twitter Account  Michael Christenson News  Michael Christenson on Facebook
VP - Human Resources
Kristy Friedrichs
  Kristy Friedrichs LinkedIn Profile  Kristy Friedrichs Twitter Account  Kristy Friedrichs News  Kristy Friedrichs on Facebook
VP - Operations
Bonney Pelley
  Bonney Pelley LinkedIn Profile  Bonney Pelley Twitter Account  Bonney Pelley News  Bonney Pelley on Facebook

 

 

Browse more venture capital transactions:

Prev: 11/16/2011: Medley Health venture capital transaction
Next: 11/17/2011: Rapid7 venture capital transaction

 

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