New Relic | NewzPad

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

Latest / Startup / Technology

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

July 31, 2023August 2, 2023 - by Amit Yadav - Leave a Comment

Monitoring service New Relic this morning said it has agreed to be acquired by Francisco Partners and TPG for $6.5 billion in cash. Shares of the company, which went public …

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New Relic agrees to go private in .5B all-cash deal

Latest / Startup / Technology

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

July 31, 2023August 2, 2023 - by Amit Yadav - Leave a Comment

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 …

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New Relic launches Grok, its AI observability assistant

Latest / Startup / Technology

New Relic launches Grok, its AI observability assistant

May 2, 2023May 3, 2023 - by Amit Yadav - Leave a Comment

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 …

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Metrist raises .5M to provide better cloud service outage data

Latest / Startup / Technology

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

November 1, 2022November 3, 2022 - by Amit Yadav - Leave a Comment

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 …

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