New Relic, Inc.
Headquarters
San Francisco, CAFounded
2008CEO / Founder
Ashan WillyEmployees
1001-5000Funding
AcquiredProducts
1 product listedAvg. AI Score
8.1/10Website
newrelic.com
Profile updated
About New Relic, Inc.
New Relic was founded in 2008 by Lew Cirne to provide application performance monitoring (APM) as a SaaS product. The platform has since expanded into a unified observability suite covering APM, infrastructure, browser and mobile monitoring, synthetics, logs, network performance, and AI-driven incident intelligence.
The company went public on the NYSE in 2014 under ticker NEWR and was taken private in November 2023 in a $6.5 billion acquisition by private equity firms Francisco Partners and TPG. Ashan Willy succeeded Bill Staples as CEO in 2024.
Headquartered in San Francisco, New Relic employs approximately 2,000 people across offices in the United States, United Kingdom, Spain, Switzerland, and India.
Financials
Dated, source-cited figures. Estimates are marked.
Products by New Relic, Inc.
All products by New Relic, Inc. reviewed by our AI panel of experts.
How Our Review Panel Scores New Relic, Inc.
Six independent reviewer personalities assessed New Relic, Inc.'s product on their own terms. They landed within 0.6 points of each other, an unusually strong consensus.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who New Relic, Inc. competes with, and how they differ.
Datadog is the cloud-monitoring market leader by revenue and host count, with a broader per-host/per-feature pricing menu versus New Relic's consolidated consumption-based (per-GB ingest) pricing.
1 product reviewed on TopReviewed
Grafana Labs monetizes an open-source-rooted stack (Grafana, Loki, Tempo, Mimir) that teams can self-host or run as Grafana Cloud, undercutting New Relic's all-in-one SaaS model on cost for teams willing to assemble their own pipeline.
1 product reviewed on TopReviewed
Dynatrace leans on proprietary OneAgent auto-instrumentation and its AI-driven root-cause engine (Davis AI) for large enterprise estates, competing with New Relic mainly in Global 2000 APM deals rather than developer-led adoption.
1 product reviewed on TopReviewed
Honeycomb built its platform around high-cardinality event querying and OpenTelemetry-native tracing for engineers debugging production issues, a narrower developer-first alternative to New Relic's broad observability suite.
1 product reviewed on TopReviewed
Sentry focuses on error tracking and code-level performance monitoring rather than full-stack infrastructure observability, overlapping with New Relic mainly in application-level APM rather than infrastructure or log management.
1 product reviewed on TopReviewedCompany Timeline
Key milestones in New Relic, Inc.'s history, with sources.
- Milestone
Ashan Willy appointed CEO
Ashan Willy, former CEO of Proofpoint, was appointed CEO of New Relic following the take-private deal.
en.wikipedia.org - Acquisition
Take-private deal closed, delisted from NYSE
Francisco Partners and TPG completed the take-private acquisition of New Relic; the company was delisted from the NYSE.
en.wikipedia.org - Acquisition
Agreed to $6.5B take-private deal with Francisco Partners and TPG
New Relic agreed to be taken private by Francisco Partners and TPG for $6.5B in an all-cash deal at $87/share, a 7.5% premium over the prior close; founder Lew Cirne and activist investor Jana Partners backed the transaction.
techcrunch.com - Milestone
Layoffs following $55M operating loss
New Relic laid off 155 US employees and up to 57 international staff following a $55M operating loss, amid its shift to consumption-based pricing.
en.wikipedia.org - Acquisition
Acquired CodeStream
New Relic acquired CodeStream, a developer collaboration tool that surfaces observability data inside the IDE; deal terms were not disclosed.
en.wikipedia.org - Milestone
Bill Staples promoted to CEO
Bill Staples was promoted to CEO of New Relic; founder Lew Cirne moved to executive chairman.
en.wikipedia.org - Acquisition
Acquired Pixie Labs
New Relic acquired Pixie Labs, a Kubernetes-native cloud observability startup; deal terms were not disclosed.
en.wikipedia.org - Launch
Launched New Relic One
New Relic announced New Relic One, a unified observability platform consolidating APM, infrastructure, and log monitoring into a single product.
en.wikipedia.org - Milestone
IPO on NYSE (NEWR)
New Relic listed on the NYSE under ticker NEWR, raising $115M; shares jumped 48% on their trading debut.
en.wikipedia.org - Funding
Raised $100M ahead of IPO
New Relic raised $100M led by BlackRock and Passport Capital, with participation from T. Rowe Price and Wellington Management, ahead of its IPO.
en.wikipedia.org - Funding
Raised $80M at $750M valuation
New Relic raised $80M in a growth round at a $750M valuation, led by Insight Venture Partners with T. Rowe Price, Benchmark Capital, Allen & Company, Trinity Ventures, Passport Capital, Dragoneer, and Tenaya Capital participating.
en.wikipedia.org - Founded
New Relic founded
Lew Cirne founded New Relic in San Francisco to build a SaaS application performance monitoring platform.
en.wikipedia.org
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