New Relic

New Relic’s sale tells us much about the value of middling growth today

It appears single-digit revenue multiples are all that's within reach of unprofitable tech companies with growth rates in the low double-digits.

New Relic agrees to go private in $6.5B all-cash deal

New Relic, the San Francisco-based observability software company, has reached an agreement with private equity firms TPG and Francisco Partners to go private in a $6.5 billion all-cash deal. As repor

New Relic launches Grok, its AI observability assistant

We’re currently deep in the cycle of every enterprise-adjacent company integrating a large language model into its services. Today, New Relic is throwing its hat in the ring with New Relic Grok,

Metrist raises $5.5M to provide better cloud service outage data

Metrist, a startup that helps IT teams stay on top of outages among the many cloud services they use to run their own applications, today announced that it has raised a $5.5 million seed round from th

Helios wants to tame the microservices development chaos

Helios, a Tel Aviv–based startup that wants to make it easier for developers to understand, troubleshoot and test their distributed systems during the development phase, today announced its general

Coralogix streams $142M into its coffers to expand its production analytics into a full-stack observability platform

We’ve long documented the challenges that DevOps and operations teams in specific areas like security face these days when it comes to data observability: A wide range of services across the lan

Is data observability recession-proof?

What really caught our attention is that Monte Carlo's and Cribl's deals were announced now, right in the middle of a broad startup downturn.

New Relic enters the security market with its new vulnerability management service

New Relic, which has long been known for its observability platform, is entering the security market today with the launch of a new vulnerability management service. Aptly named New Relic Vulnerabilit

Edge Delta rakes in $63M for its distributed approach to data observability

Databases are growing at an exponential rate these days, and so when it comes to real-time data observability, organizations are often fighting a losing battle if they try to run analytics or any obse

Aporia raises $25M Series A for its ML observability platform

Aporia, a Tel Aviv-based startup that helps businesses monitor and explain their AI-based services, today announced that it has raised a $25 million Series A funding round led by Tiger Global. New inv

New Relic launches its new infrastructure monitoring experience

In 2020, New Relic launched its New Relic One platform, its attempt to bring together the many point solutions the company had built over the course of the years under a single umbrella with a modern

Usage-based pricing is a company-wide effort

Usage-based pricing (UBP) has quickly gone from fringe to mainstream in SaaS. Converts to UBP are drawn to the promise of accelerated revenue growth and a more efficient land-and-expand business model

Inside the rapid rise of usage-based pricing

SaaS companies have been ditching traditional subscription pricing in favor of usage-based models that better align with modern buying behavior and the value delivered by their products.

PlanetScale raises $50M Series C as its enterprise database service hits general availability

PlanetScale, the serverless database company founded by the co-creators of the Vitess open source project that powers YouTube, today announced that it has raised a $50 million Series C funding round l

New Relic acquires CodeStream to provide chat in developer environments, inks Microsoft IDE partnership

New Relic, the observability platform, has made an acquisition and is launching a new service on the back of it to bring a new dimension into bigger strategy to bring developers and operations closer

VCs are betting big on Kubernetes: Here are 5 reasons why

At times, Kubernetes can feel like a superpower, but with all of the benefits of scalability and agility comes immense complexity. The truth is, few developers understand how Kubernetes works.

Edge Delta raises $15M Series A to take on Splunk

Seattle-based Edge Delta, a startup that is building a modern distributed monitoring stack that is competing directly with industry heavyweights like Splunk, New Relic and Datadog, today announced tha

3 lessons we learned after raising $6.3M from 50 investors

There isn’t one right way to raise capital, and authenticity above all is what will make your round a successful one.

New Relic’s business remodel will leave new CEO with work to do

We decided to dig into the company's financials to see just what challenges Bill Staples might face as he moves into the corner office.

New Relic is bringing in a new CEO as founder Lew Cirne moves to executive chairman role

At the market close this afternoon ahead of its earnings report, New Relic, an applications performance monitoring company, announced that founder Lew Cirne would be stepping down as CEO and moving in
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