New Relic raises $80M

| Print |  Email
Must Reads
Wednesday, February 06, 2013

San Francisco software company New Relic raised $80 million from investors. The company has a large presence in Portland.

“We’re going to invest heavily in R&D, expanding into new businesses and preparing for an IPO and life as a public company,” [Founder and CEO Lewis] Cirne said. “We have a deep pipeline of product initiatives.”

That starts with mobile software, which New Relic expects to roll out this quarter. To date, the company has served 35,000 customers with technology that lets them locate bugs in their applications using a web-based dashboard. For a site that’s slow or not responding, the client can drill down to see if it’s a problem with the network, a failed server or a spike in traffic. Customers range from long-established businesses such as Nike and Sears to emerging web companies including Airbnb and Github. New Relic is taking on tech giants such as IBM, Hewlett-Packard and CA (which acquired Wily) by offering subscription software for $24 or $149 per month per server and a free product with fewer features.

Read more at OregonLive.com.

{biztweet}new relic{/biztweet}

 

More Articles

Make the Case

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


Read more...

Can small be large?

Linda Baker
Wednesday, April 01, 2015
040115-lindablogthumbBY LINDA BAKER

Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.


Read more...

Short Shrift:The threat of just-in-time scheduling

May 2015
Monday, April 27, 2015
BY AMY MILSHTEIN

Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.


Read more...

The best crisis is the one you avoid

Contributed Blogs
Wednesday, April 15, 2015
crisisthumbBY GARY CONKLING | GUEST BLOGGER

Avoiding a crisis is a great way to burnish your reputation, increase brand loyalty and become a market leader.


Read more...

It's a Man's Man's Man's World

May 2015
Friday, April 24, 2015
BY AMY MILSHTEIN

Male tech workers speak out on the industry's gender troubles.


Read more...

6 things to know about the Amtrak Cascades route

The Latest
Friday, May 22, 2015
thumb3BY JACOB PALMER | DIGITAL NEWS EDITOR

The recent tragedy in Philadelphia has called attention to Amtrak and the nation's woefully underfunded rail service. Here are six facts about the Amtrak Cascades corridor between Eugene and Vancouver B.C. 


Read more...

5 ways successful people kickstart the day

The Latest
Thursday, April 02, 2015
coffeethumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Are mornings the most productive part of the day?  We ask five successful executives how they get off to a good start.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS