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