New Relic logo
EnterpriseMixedVERIFIED

New Relic

San Francisco, California, United States• Founded 20081,000-5,000 employees

New Relic, Inc. is an observability and application performance monitoring (APM) company that provides a cloud-based platform for monitoring, debugging, and optimizing software and infrastructure. Its platform ingests telemetry data across applications, infrastructure, logs, and browser/mobile experiences to help engineering and DevOps teams improve reliability and performance. New Relic serves enterprises and digital businesses across industries including technology, e‑commerce, media, and financial services.

AI Strategy

New Relic embeds AI and machine learning into its observability platform to automatically detect anomalies, correlate alerts, and accelerate incident response for software and infrastructure teams. Rather than offering standalone AI products, the company focuses on applied intelligence within its telemetry and APM stack, using ML models to surface insights from large volumes of metrics, traces, and logs. New Relic also integrates with third-party AI/ML tools and cloud services to support advanced analytics and automation use cases.

Key AI Products

New Relic AI (AIOps and incident intelligence features within the New Relic platform)Applied intelligence for anomaly detection and alert correlation in New Relic OneML-powered root cause analysis and incident triage capabilities

Financials

Revenue
$800M-$1B
Employees
1,000-5,000

Funding

Total Raised
$400M-$500M (approximate, pre-IPO and private equity)
Last Round
Take-private / acquisition by Francisco Partners and TPG
2023-11
Valuation
$6.5B transaction value (2023 take-private)
Key Investors
Francisco Partners, TPG

Business Focus

ObservabilityApplication Performance Monitoring (APM)Infrastructure MonitoringLog ManagementDigital Experience Monitoring

Competitive Analysis

Strengths

  • Strong, mature observability and APM feature set covering metrics, traces, logs, and real user monitoring
  • Unified, cloud-based platform that simplifies telemetry ingestion and visualization for engineering teams
  • Deep ecosystem integrations with major cloud providers and popular developer tools
  • Reputation and installed base among enterprise and digital-native customers

Challenges

  • Intense competition from fast-growing observability vendors like Datadog and Dynatrace
  • Pricing and cost complexity concerns for large-scale telemetry ingestion
  • Crowded APM/observability market with open-source alternatives such as Prometheus, OpenTelemetry, and Grafana

Strategic Partnerships

Amazon Web Services (AWS)Technology

New Relic integrates deeply with AWS services and is available via the AWS Marketplace, enabling customers to monitor AWS workloads and services with native telemetry integrations.

Microsoft AzureTechnology

Provides integrations and extensions for monitoring Azure infrastructure and services, including Azure-native telemetry sources.

Google CloudTechnology

Offers integrations for Google Cloud services and Kubernetes workloads, enabling full-stack observability across GCP environments.

Competitors

Industries