Application-analytics company New Relic is now publicly traded, with shares this morning going initially for $30.16 on the New York Stock Exchange.
The company raised $115 million in its initial public offering and priced its shares at $23 last night. That’s up from the $22 price the company had proposed earlier.
Benchmark Capital, Insight Venture Partners, Tenaya Capital, Trinity Ventures, BlackRock, Passport Capital, T. Rowe Price Associates, and Wellington Management have previously invested in New Relic.
New Relic, Inc. is the all-in-one web application performance management provider for the cloud and the datacenter. Its SaaS solution, which combines real user monitoring, server monitoring,... All New Relic news »
Lewis Cirne is the founder and CEO of New Relic, recently funded Software as a Service company focused on providing application performance management solutions for over 35,000 customers. Th... All Lewis Cirne news »