New Relic

New Relic

Observability and application performance monitoring platform

About New Relic

Simplify's Rating
Why New Relic is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$208.7M

Headquarters

San Francisco, California

Founded

2008

Overview

New Relic provides a platform for observability and application performance monitoring (APM) that helps businesses keep track of their entire technology stack, from user interfaces to back-end systems. The platform allows users to monitor and analyze metrics, logs, and traces, which helps in identifying performance issues and resolving them quickly. New Relic caters to a wide range of clients, including small startups and large enterprises in sectors like e-commerce, finance, healthcare, and technology. The company operates on a subscription-based model, offering different pricing tiers and a free tier to attract new users. Its platform integrates over 700 tools and services, using artificial intelligence to enhance monitoring capabilities. This integration helps businesses streamline their operations and reduce costs, making New Relic a valuable partner for companies aiming to improve their digital services.

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Simplify's Take

What believers are saying

  • New Relic's Kubernetes capabilities position it well in the growing containerized environments market.
  • Expansion in APJ and EMEA regions could lead to increased market share and revenue.
  • Recognition in Gartner Magic Quadrant enhances customer trust and attracts new clients.

What critics are saying

  • Emerging competitors like Observe introduce similar Kubernetes-specific capabilities.
  • Over-reliance on Kubernetes poses risks if technology changes or disruptions occur.
  • Hyderabad center expansion may increase operational costs without proportional revenue growth.

What makes New Relic unique

  • New Relic offers a unified platform integrating over 700 tools and services.
  • The company provides full-stack visibility from front-end interfaces to back-end infrastructure.
  • New Relic leverages AI to enhance observability and streamline operations.

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Funding

Total Funding

$208.7M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Flex work arrangements

Career development

Professional training

Competitive pay

Company equity

Retirement & pension

Generous paid time off

Family healthcare

Paid parental leave (12 wks)

Emotional support assistance

NRgize wellness funds

Perks & discounts

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↑ 1%
IT Brief Asia
Jan 20th, 2025
New Relic names Simon Lee as head of APJ operations

New Relic has appointed Simon Lee as Senior Vice President and Managing Director of Asia-Pacific and Japan (APJ).

Security Brief
Jan 14th, 2025
SentinelOne appoints new VP for Australia & New Zealand

SentinelOne has announced the appointment of Brad Perriott as Area Vice President for Australia and New Zealand.

TechCircle
Jan 7th, 2025
New Relic appoints Ved Antani as MD for Hyderabad Innovation Center

Monitoring and observability services provider New Relic, today, announced the appointment of Ved Antani as the senior vice president of engineering.

The Times of India
Dec 16th, 2024
New Relic doubles Hyderabad innovation centre with new 500 seat office

New Relic expanded its Hyderabad innovation center with a new 500-seater facility and partnered with T-Hub.

Business Wire
Nov 25th, 2024
New Relic Promotes Ashley Puls to Chief Architect

New Relic promotes Ashley Puls to Chief Architect.

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