New Relic is a cloud-first observability platform empowering engineering teams to track, analyze, and optimize their software systems in real time. It provides end-to-end visibility across distributed applications, microservices, infrastructure, and user experience. With integrations across cloud ecosystems, the platform collects telemetry data logs, metrics, traces from millions of data points. Developers rely on New Relic for performance monitoring, anomaly detection, root-cause analysis, and capacity insights. By unifying observability under one platform, New Relic drives engineering efficiency and operational resilience for enterprises of all sizes.
What Is New Relic and What Does It Do?
New Relic, founded in 2008 by Lewis Cirne and Alberto Diego, is a San Francisco–based (United States) cloud and AI-powered observability platform that helps businesses monitor application performance, infrastructure health, and digital customer experience. The platform offers tools for application performance monitoring, infrastructure monitoring, Kubernetes observability, browser analytics, and real-time event visualization. New Relic employs 1,683 people.
New Relic provides a full-stack telemetry engine capable of ingesting logs, metrics, traces, and events into a unified workspace. It supports developers through real-time dashboards, anomaly detection, AI-assisted insights, and integrations with cloud providers like AWS, GCP, and Azure. Its unified platform helps organizations reduce downtime and improve digital performance.
How Much Funding Has New Relic Raised?
1. Post IPO
- Amount Raised: $500M
- Date: May 2018
- Motivation: To expand global engineering teams and enhance observability product suites.
2. Series E
- Amount Raised: $100M
- Date: April 28, 2014
- Lead Investors: BlackRock, Passport Capital, T. Rowe Price, Wellington
- Motivation: To scale infrastructure monitoring and accelerate enterprise expansion.
3. Series D
- Amount Raised: $60M
- Date: February 6, 2013
- Motivation: To enhance platform capabilities and grow engineering resources.
Total Funding Raised: $196M
Latest Funding Date: May 2018
Key Investors
1. T. Rowe Price
- Details: A global investment management firm backing innovative technology companies.
- Investment Focus Areas: Enterprise tech, data platforms, cloud computing.
- Notable Investments: CrowdStrike, Zoom, Snowflake, Tesla, Instacart.
2. Wellington Management
- Details: One of the world’s largest independent investment firms.
- Investment Focus Areas: Cloud, enterprise SaaS, biotech, fintech.
- Notable Investments: Databricks, GitLab, Stripe, Twilio, Coinbase.
3. BlackRock
- Details: The world’s largest asset manager investing across global technology and enterprise markets.
- Investment Focus Areas: Cloud, cybersecurity, AI, enterprise SaaS.
- Notable Investments: Palantir, Snowflake, Spotify, UiPath, Airbnb.
Where Is New Relic’s Headquarters?
New Relic is headquartered in San Francisco, California, placing it at the center of the global cloud-technology and developer-tools ecosystem.
What’s Next for New Relic?
New Relic is focused on advancing AI-powered observability, reducing telemetry costs, and expanding integrations with cloud-native technologies. The company aims to deliver predictive analytics and automated remediation capabilities that support modern, high-scale digital systems.
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