New Relic - About the company
New Relic is an acquired company based in San Francisco (United States), founded in 2008 by Lewis Cirne and Alberto Diego. It operates as a Cloud and AI based platform offering enterprise observability solutions. New Relic has raised $196M in funding from investors like Benchmark, Trinity Ventures and DAG Ventures, with last known valuation of $6.5B. The company has 225 active competitors, including 57 funded and 18 that have exited. Its top competitors include companies like Sumo Logic, Observe and Grafana.
Company Details
Cloud and AI based platform offering enterprise observability solutions. It offers features such as web application monitoring, ruby monitoring, web performance monitoring, PHP monitoring, infrastructure monitoring, Kubernetes monitoring, container monitoring, docker monitoring, and digital customer experience management. It enables user access to a subscription based pricing module.
- Website
- newrelic.com
- Email ID
- *****@newrelic.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2008
Location
San Francisco, United States
Stage
Acquired
Total Funding
$196M in 8 rounds
Latest Funding Round
Last Known Valuation
$6.5B as on Jul 31, 2023
Ranked
2nd among 225 active competitors
Employee Count
3,095 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Francisco Partners (Jul 31, 2023)
Legal entities associated with New Relic
New Relic is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEW RELIC ONE INDIA PRIVATE LIMITED CIN: U72909KA2021FTC154810 , India, Active | Nov 24, 2021 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
NEW RELIC INC CIN: 1448056 , United States, Active | Sep 04, 2007 | $100M - $500M (As on Mar 31, 2015) | - | - |
RELIC LTD CIN: 5056749 , United Kingdom, Active | Feb 25, 2004 | - | - | |
New Relic, Inc. CIN: 262017431 , United States, Active | Dec 26, 999 | $500M - $1B (As on Mar 31, 2023) | 1124 (As on Dec 31, 2024) | - |
New Relic's acquisition details
New Relic got acquired by Francisco Partners and TPG on Jul 31, 2023 at an acquisition amount of $*****.
Click here to take a look at New Relic's acquisition in detail
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New Relic's funding and investors
New Relic has raised a total funding of $196M over 8 rounds. Its first funding round was on May 01, 2008. New Relic has 18 institutional investors.
Here is the list of recent funding rounds of New Relic:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 2018 | $500M | Post IPO | - | - | - | - |
Apr 28, 2014 | $100M | Series E | - | - | ||
Feb 06, 2013 | $60M | Series D | - | - | - | - |
View details of New Relic's funding rounds and investors
New Relic's founders and board of directors
Founder? Claim ProfileThe founders of New Relic are Lewis Cirne and Alberto Diego.
Here are the details of New Relic's key team members:
- Lewis Cirne: Co-Founder & Executive Chairman of New Relic and founder of 2 other companies, New Relic Mobile and Wily Technology. They serve on the board of 1 company.Contact Info: 1 email address
- Alberto Diego: Co-Founder of New Relic. Contact Info: 1 email address
New Relic's Board of Directors
New Relic's board has 10 active members. Dan Scholnick, Lewis Cirne, Peter Currie, Peter Fenton, Hilarie Koplow-McAdams, Adam Messinger, Mark Sachleben, Robin Schulman, Jim Gochee and Chris Cook are independent board members.Here is the list of New Relic's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 15y 10m | |
Independent board member | - | Current | 17y 9m | |
Independent board member | - | Current | 12y 3m | |
Independent board member | - | Current | 17y 9m | |
Independent board member | - | Current | 10y 9m | |
Independent board member | - | Current | 10y 9m | |
Independent board member | - | Current | 17y 9m | |
Independent board member | - | Current | 10y 9m | |
Independent board member | - | Current | 10y 9m | |
Independent board member | - | Current | 13y 6m |
View details of New Relic's Founder profiles and Board Members
New Relic's employee count trend
New Relic has 3,095 employees as of Aug 26. Here is New Relic's employee count trend over the years:
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New Relic's Competitors and alternates
Top competitors of New Relic include Sumo Logic, Observe and Grafana. Here is the list of Top 10 competitors of New Relic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sumo Logic 2010, Redwood City (United States), Acquired | Provider of cloud-based platform for security and observability data analytics | $346M | 78/100 | |
2nd | New Relic 2008, San Francisco (United States), Acquired | Cloud and AI based platform offering enterprise observability solutions | $196M | 76/100 | |
3rd | Observe 2017, San Mateo (United States), Acquired | Provider of an AI-powered observation platform built on a streaming data lake | $393M | 72/100 | |
4th | Grafana 2014, New York City (United States), Series E | Developer of open and composable platform for monitoring and observability | $791M | 71/100 | |
5th | Chronosphere 2019, Issaquah (United States), Acquired | Provider of a cloud native data observability platform for enterprises | $369M | 68/100 | |
6th | Acceldata 2018, Campbell (United States), Series C | Developer of an agentic data management platform providing data observability | $106M | 67/100 | |
7th | Cribl 2018, San Francisco (United States), Series E | Cloud based big data preparation solution | $600M | 66/100 | |
8th | Coralogix 2014, San Francisco (United States), Series F | Provider of an AI-native observability platform that unifies real-time insights across systems, security, and AI workloads | $550M | 65/100 | |
9th | Dynatrace 1987, Waltham (United States), Public | Cloud and AI based enterprise observability and monitoring platform | $21.9M | 62/100 | |
10th | Provider of a platform offering a suite of business intelligence solutions | $5M | 59/100 |
Looking for more details on New Relic's competitors? Click here to see the top ones
New Relic's Investments and acquisitions
New Relic has not made any investments yet. New Relic has made 7 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 10, 2021 | Acquisition | 2017 | New York City (United States) | |
Dec 10, 2020 | Acquisition | 2018 | San Francisco (United States) | |
Nov 01, 2019 | Acquisition | 2015 | Pennsylvania Furnace (United States) |
See all acquisitions by New Relic
Reports related to New Relic
Here is the latest report on New Relic's sector:
News related to New Relic
Media has covered New Relic for a total of 36 events in the last 1 year, 25 of them have been about company updates and 5 about people movement.
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New Relic CEO: AI Adoption in India Outpaces Global Peers, Driving Demand for ObservabilityBusiness Line•Jun 16, 2026•New Relic
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Purplle Partners with New Relic for Enhanced Digital Customer ExperienceExpress Computer•Jun 15, 2026•Purplle, New Relic
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New Relic Celebrates Strategic Partnership with MicrosoftBusiness Wire•Jun 02, 2026•Microsoft, New Relic
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New Relic Appoints AI-Forward Technology Veteran Wendi Sturgis to its Board of DirectorsBusiness Wire•Mar 24, 2026•New Relic
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