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.

Tech companies Hortonworks, Lending Club, and Workiva are also going public this week.

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.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member