New Relic

Technology company

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December 2023 New Relic announced Ashan Willy, former Proofpoint, Inc. CEO, as its new CEO.
November 2023 Private equity firms Francisco Partners and TPG Inc. completed their acquisition of New Relic for approximately $6.5 billion.
July 2023 New Relic agreed to be acquired by private equity firms Francisco Partners and TPG Inc. in an all-cash deal valued at $6.5 billion.
June 2023 Following a $55 million operational loss, New Relic laid off 155 employees in the US and up to 57 abroad.
May 2021 Bill Staples was promoted to CEO, with Lew Cirne transitioning to executive chairman.
April 2021 New Relic laid off nearly 160 employees as part of a restructuring plan to move to a consumption-based sales model.
February 14 2020 Bill Staples joined the company as Chief Product Officer, leading product management, engineering, and design functions.
December 12 2014 New Relic went public on the stock market.
April 2014 New Relic raised an additional $100 million in funding led by BlackRock, Inc. and Passport Capital.
February 2013 New Relic raised $80 million in funding from multiple investors at a $750 million valuation, expanding its software analytics platform to include mobile apps.
November 5 2012 CA Technologies filed a lawsuit against New Relic, claiming patent violations related to Wily Technology.

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