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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.
Social
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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
Investors
Ranked
Employee Count
3,095 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Francisco Partners (Jul 31, 2023)

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:lockFilter this list
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
-
-
-
-
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New Relic's founders and board of directors

Founder? Claim Profile
The founders of New Relic are Lewis Cirne and Alberto Diego.
Here are the details of New Relic's key team members:

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

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:
Employee count trend for New Relic
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sumo Logic
Sumo Logic
2010, Redwood City (United States), Acquired
Provider of cloud-based platform for security and observability data analytics
$346M
78/100
2nd
Logo for New Relic
New Relic
2008, San Francisco (United States), Acquired
Cloud and AI based platform offering enterprise observability solutions
$196M
76/100
3rd
Logo for Observe
Observe
2017, San Mateo (United States), Acquired
Provider of an AI-powered observation platform built on a streaming data lake
$393M
72/100
4th
Logo for Grafana
Grafana
2014, New York City (United States), Series E
Developer of open and composable platform for monitoring and observability
$791M
71/100
5th
Logo for Chronosphere
Chronosphere
2019, Issaquah (United States), Acquired
Provider of a cloud native data observability platform for enterprises
$369M
68/100
6th
Logo for Acceldata
Acceldata
2018, Campbell (United States), Series C
Developer of an agentic data management platform providing data observability
$106M
67/100
7th
Logo for Cribl
Cribl
2018, San Francisco (United States), Series E
Cloud based big data preparation solution
$600M
66/100
8th
Logo for Coralogix
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
Logo for Dynatrace
Dynatrace
1987, Waltham (United States), Public
Cloud and AI based enterprise observability and monitoring platform
$21.9M
62/100
10th
Logo for Decube
Decube
2022, Kuala Lumpur (Malaysia), Seed
Provider of a platform offering a suite of business intelligence solutions
$5M
59/100
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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:lockFilter this list
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)
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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

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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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