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.
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