Publicly traded company New Relic, best known for its developer-focused application performance management software, announced today that it has acquired Opsmatic, an early-stage startup with a cloud service for devops monitoring.
Terms of the deal weren’t disclosed. The news appeared in New Relic’s earnings statement for the quarter that ended on September 30.
New Relic acquisitions are rare. Last year New Relic acquired visualization startup Ducksboard.
“With this acquisition, New Relic gains Opsmatic’s powerful technology that monitors configuration changes at the infrastructure level,” New Relic founder and chief executive Lew Cirne said in a canned statement on the news. “This is important, because we believe today’s successful software teams need real-time visibility into every component of their apps — from the infrastructure all the way up to the user experience.”
Opsmatic started in 2013. Investors include AME Cloud Ventures, Columbus Nova Technology Partners, Detroit Venture Partners, Ted Serbinski, Freestyle Capital, David Samuel, General Catalyst Partners, Illuminate Ventures, Cindy Padnos, Index Ventures, Morado Venture Partners, and Slow Ventures, according to Crunchbase.
“We think this matchup is exciting because Opsmatic’s focus on real-time infrastructure insight is the perfect complement to New Relic’s Software Analytics Cloud,” Opsmatic chief executive Jim Stoneham wrote in his own blog post.
Opsmatic is now accepting requests to participate in a private beta “as we evolve the service,” wrote Stoneham, who is now a vice president of product at New Relic.
New Relic generated a $14.8 million net loss on $42.9 million in revenue in the third quarter, according to today’s earnings statement. Analysts were expecting $41.2 million in revenue for the quarter.