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New Relic

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New Relic
Company typePUBLIC
NYSE: NEWR
IndustryApplication performance management
Founded2008
Headquarters
San Francisco, CA
,
United States
Key people
Lew Cirne
Websitenewrelic.com

New Relic is an American software analytics company based in San Francisco, California. Lew Cirne[1] founded New Relic in 2008 and is the company's CEO.[2] New Relic's technology, delivered in a software as a service (SaaS) model,[3] monitors Web and mobile applications in real-time[4] that run in cloud, on-premises, or hybrid environments.[5][6][7] The name "New Relic" is an anagram of founder Lew Cirne's name.[8]

In February 2013, New Relic raised $80 million from investors including Insight Venture Partners, T. Rowe Price, Benchmark Capital, Allen & Company, Trinity Ventures, Passport Capital, Dragoneer, and Tenaya Capital at a valuation of $750 million.[9][10] The funding round helped New Relic extend its software analytics platform to include Android and iOS native mobile apps.[6][9] In April 2014, New Relic raised another $100 million in funding led by BlackRock, Inc., and Passport Capital, with participation from T. Rowe Price Associates, Inc. and Wellington Management.[11] Board members are Peter Fenton of Benchmark, Dan Scholnick of Trinity Ventures, Peter Currie of Currie Capital, Adam Messinger of Twitter,[12] Sarah Friar of Square,[13] and Lew Cirne.[14] New Relic went public on December 12, 2014.[15]

New Relic launched an open SaaS platform in June 2013.[6] The platform is designed to allow developers to deploy 50+ plug-ins from technology partners (or build their own) to the New Relic dashboard.[16] Plug-in technologies include PaaS/cloud services, caching, database, Web servers and queuing.

The New Relic service has 70 partnerships around the world. They include IBM Bluemix, Amazon Web Services, CloudBees, Engine Yard, Heroku, Joyent, Rackspace Hosting, and Microsoft Azure as well as mobile application backend service providers Appcelerator, Parse, and StackMob.[7][17][18][19]

Awards and recognition

  • Named to San Francisco Business Times Best Places to Work in 2012 and 2013 and Tech and Innovation Company of the Year for 2013[20][21]
  • One of 2013 OnDemand 100 Top Private Companies[22]
  • 2010 THINKstrategies’ Best of SaaS Showplace[23]
  • Top 20 Coolest Cloud Infrastructure Vendors (2010, CRN)[24]
  • 10 IT Management Start-Ups to Watch (2008, NetworkWorld)[25]

CA Technologies vs. New Relic

On November 5, 2012, CA Technologies (formerly Computer Associates) filed a lawsuit in the US District Court for the Eastern District in New York. The lawsuit claims that New Relic violated three patents that came into CA Technologies' possession through acquisitions. The three patents in question are numbers U.S. patent 7,225,361 B2; U.S. patent 7,512,935 B1; and U.S. patent 7,797,580 B2.[26] This is the first of two actions CA Technologies has filed in connection with alleged infringement of patents obtained in the acquisition of Wily Technology. In April 2013, CA Technologies filed a lawsuit asserting patent infringement of the same three APM patents against software developer AppDynamics. However, on April 20, 2015 AppDynamics and CA settled the two-year-old patent dispute. AppDynamics said that it paid a "modest fixed payment." [27]

References

  1. ^ "Lewis K Cirne - Inventor". IPEXL. IPEXL. Retrieved 14 August 2013.
  2. ^ "http://www.crunchbase.com/company/new-relic". {{cite web}}: External link in |title= (help)
  3. ^ "http://bizcloudnetwork.com/saas-apm-review". {{cite web}}: External link in |title= (help)
  4. ^ Shinal, John (3 June 2013). "New Relic headed for an IPO". MarketWatch. Retrieved 9 August 2013.
  5. ^ Babcock, Charles (5 February 2013). "New Relic Garners $80 Million To Expand APM". InformationWeek. Retrieved 9 August 2013.
  6. ^ a b c Kattau, Suzanne. "New Relic extends app-performance software to mobile". SD Times. SD Times. Retrieved 9 August 2013.
  7. ^ a b Clarke, Gavin (23 February 2011). "New Relic climbs Amazon's Elastic Beanstalk". The Register. Retrieved 9 August 2013.
  8. ^ Balise, Julie (26 August 2015). "Stories behind Bay Area tech company names". SFGate. Retrieved 26 August 2015.
  9. ^ a b Levy, Ari (5 February 2013). "New Relic Reels in $80 Million to Expand Into Mobile". Bloomberg. Retrieved 9 August 2013.
  10. ^ Taulli, Tom (5 February 2013). "New Relic Nabs $80M To Upend the Software Biz". Forbes. Retrieved 9 August 2013.
  11. ^ Rao, Leena (28 April 2014). "Cloud App Monitoring Company New Relic Raises $100M". TechCrunch. TechCrunch. Retrieved 13 June 2014.
  12. ^ Gage, Deborah (29 May 2014). "New Relic Names Twitter CTO Adam Messinger To Board". WSJ.D. Wall Street Journal. Retrieved 13 June 2014.
  13. ^ Novet, Jordan (8 January 2014). "New Relic board makes room for Square executive Sarah Friar". VentureBeat. VentureBeat. Retrieved 13 June 2014.
  14. ^ "Management Team". New Relic Web site. New Relic. Retrieved 9 August 2013.
  15. ^ "New Relic IPO raises $115M, stock jumps 48% in debut". http://www.bizjournals.com. {{cite web}}: External link in |website= (help)
  16. ^ O'Dell, Jolie (19 June 2013). "New Relic now lets you make plug-ins for any kind of data you've got". VentureBeat. Retrieved 9 August 2013.
  17. ^ Deutscher, Maria (19 July 2013). "New Relic Supports OpenStack via Rackspace Partnership". SiliconANGLE. Retrieved 9 August 2013.
  18. ^ "Pivotal Contributes Open Source Plugins for New Relic's Pluggable Monitoring and Management Platform: RabbitMQ and Web Server". McCloud. 19 June 2013. Retrieved 9 August 2013.
  19. ^ Humble, Charles (13 September 2011). "New Relic Offers Real-time Performance Monitoring for Heroku Java users". InfoQ. Retrieved 9 August 2013.
  20. ^ Hughes, Jeff (20 April 2012). "Enjoying work is focus, not gimmicks or fancy perks". San Francisco Business Times. Retrieved 10 August 2013.
  21. ^ "BEST PLACES TO WORK Rankings 2013 — Intuit, Workday, XL Construction". San Francisco Business Times. 5 June 2013. Retrieved 10 August 2013.
  22. ^ "Announcing the 2013 OnDemand 100 Top Private Companies". AlwaysOn. 18 May 2013. Retrieved 10 August 2013.
  23. ^ "New Relic Wins Best of SaaS Showplace Award". THINKstrategies. 3 May 2013. Retrieved 10 August 2013.
  24. ^ Hickey, Andrew. "20 Coolest Cloud Infrastructure Vendors". CRN. CRN. Retrieved 10 August 2013.
  25. ^ Dubie, Denise. "10 IT management start-ups to watch". Network World. Network World. Retrieved 10 August 2013.
  26. ^ Morgan, Timothy. "CA Technologies sues New Relic over APM patents". The Register. Retrieved 13 November 2012.
  27. ^ http://www.wsj.com/articles/appdynamics-ca-inc-settle-two-year-old-patent-dispute-1429552736
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