New Relic Files For IPO
San Francisco-based New Relic, the developer of IT monitoring and performance management software, has filed for an IPO. The company says it is looking to raised $100M in its IPO, using the symbol NEWR. The company has not yet selected an exchange. New Relic's IPO is being underwritten by Morgan Stanley, J.P. morgan, Allen & Company, UBS Investment Bank, JMP Securities, and Raymond James. New Relic is venture backed by Benchmark Capital, Insight Venture Partners, Tenaya Capital, Trinity Ventures, along with others.
posted on Tuesday, November 11, 2014
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