New Relic, a software analytic provider, joined the billion dollar valuation club with their most recent Series F round. The $100M round was led by BlackRock and Passport Capital with participation from existing investors. The company introduced New Relic Insights last month, which is a real-time analytics platform that provides insights into customers, applications and their business. New Relic is a company to watch as they use the new financing for further product development and to expand the company's international presence.
New Relic, Inc. | |
The company provides a SaaS-based solution with an interface for web and native mobile applications that consolidates the performance monitoring data for any chosen technology in your environment. | |
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Address: 188 Spear Street, Suite 1200, San Francisco, CA,
94105 • Geographic Region: Silicon Valley • Industry: Software • SIC Codes: 7372 - Prepackaged Software (reproduction of software) • NAICS Codes: 511210 - Software Publishers • Legal Counsel: Cooley LLP • Company Website: http://www.newrelic.com |
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Key
Management • Sachleben, Mark - CFO • Fenton, Peter - Chairman of the Board • Moran, Patrick - Chief Marketing Officer • Koplow-McAdams, Hilarie - Chief Revenue Officer • Friar, Sarah - Director • Currie, Peter - Director • Scholnick, Dan - Director • Cirne, Lewis - Founder, CEO, Director • Cook, Chris - President, COO • Gochee, Jim - SVP, Product • Lapcevic, Bill - VP, Business Development • Reno, Dennis - VP, Customer Success • Freeman-Benson, Bjorn - VP, Engineering • Schulman, Robin - VP, General Counsel • McElfresh, Steve - VP, People Operations • Lightbody, Patrick - VP, Product Management • Cooley, Matt - VP, Sales |
Investors • Passport Capital LLC • T. Rowe Price Threshold Partnerships • Wellington Management • Benchmark Capital • BlackRock Private Equity Partners • Allen & Company Inc • Four Rivers Group • Duff Ackerman & Goodrich LLC • Tenaya Capital, Inc. • Trinity Ventures • Insight Venture Partners LLC |
Most Recent Financing Round |
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Date | Amount ($M) | Valuation | Est. Fully Diluted Shares | Preferred Price Per Share |
04/28/2014 | $100.00 | $1,389,594,530 | 48,026,354 | $28.93 |
Round:
Series F Direction: Up Round |
Liquidation Preference:
Pari Passu Liquidation Multiple: 0-1x |
Stock Type:
Conventional Convertible Anti-Dilution: Weighted Average |
Redemption: No Cumulative Dividends: No |
Dividend Rate: 8% Pay to Play: No |
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