New Relic Acquires Real-time Infrastructure Monitoring Company Opsmatic
Opsmatic Provides DevOps Teams with Real-time Visibility into Configuration Changes Across Dynamic Cloud Infrastructure
Software analytics company New Relic, Inc. (NYSE: NEWR) announced that it has acquired Opsmatic, a San Francisco-based startup focused on live-state infrastructure monitoring for modern DevOps teams. Delivered as a cloud-based service, Opsmatic’s software has been designed to provide real-time visibility into critical configuration changes that affect a company’s dynamic cloud infrastructure, and intelligently alert users so they can troubleshoot problems and reduce downtime.
“With this acquisition, New Relic gains Opsmatic’s powerful technology that monitors configuration changes at the infrastructure level,” said Lew Cirne, CEO and founder, New Relic. “This is important, because we believe today’s successful software teams need real-time visibility into every component of their apps -- from the infrastructure all the way up to the user experience.”
“We started Opsmatic to deliver deep infrastructure transparency so that innovative software teams could move faster, make changes with greater confidence and resolve issues in seconds,” said Jim Stoneham, CEO and founder, Opsmatic. “The team at New Relic shares our vision and we couldn’t be more excited to continue our journey as part of New Relic.”
Opsmatic’s cloud-based service has been designed to provide modern IT Ops teams with a precise, real-time picture of the detailed configuration of an enterprise’s computing infrastructure, and an instantaneous feed of any changes being made. Any variation, or “drift,” in configuration across host groups would also be immediately visible to enable teams to fix issues before they cause trouble, often saving hours of detective work and remediation.
Founded in 2013, the Opsmatic team comprises experienced development and operations professionals who were involved at the beginning of the DevOps movement at major web-scale companies. After bringing those practices to other teams, but frustrated by the overall lack of available tooling, they founded Opsmatic in early 2013 with the goal of radically improving the efficiency and speed of DevOps teams.
The terms of the deal were not disclosed.
About New Relic Software Analytics Cloud
The New Relic Software Analytics Cloud is a market-leading multi-tenant SaaS software analytics solution built for modern architectures. New Relic's integrated products (APM, Browser, Insights, Mobile, Plugins, Servers, and Synthetics) are designed to allow developers and IT operations to manage the performance of their applications and create new digital customer experiences. New Relic's cloud-based monitoring can help companies make better, data-driven decisions using real-time data from production software.
Learn more at the New Relic blog.
This press release contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to potential benefits to customers of the Opsmatic product as well as any benefits of the purchase and integration of Opsmatic by and into New Relic. The achievement or success of the matters covered by such forward-looking statements are based on New Relic’s current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic’s actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic’s financial and other results and the forward-looking statements in this press release is included in the filings we make with the SEC from time to time, including in New Relic’s most recent Form 10-Q, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Copies of these documents may be obtained by visiting New Relic’s Investor Relations website at http://ir.newrelic.com or the SEC's website at www.sec.gov. New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
About New Relic
As a leader in observability, New Relic empowers engineers with a data-driven approach to planning, building, deploying and running great software. New Relic One delivers the only unified data platform that empowers engineers to get all telemetry—metrics, events, logs and traces—paired with the most powerful full stack analysis tools to help engineers get past the 'what' to uncover the 'why.' Delivered through the industry's only consumption pricing that's intuitive and predictable, New Relic gives engineers more value for the money by helping improve planning cycle times, decrease change failure rates, accelerate release frequency and reduce mean time to resolution. This helps the world's leading brands including AB InBev, Australia Post, Banco Inter, Chegg, Gojek, REI, Signify Health, TopGolf, World Fuel Services (WFS) and Zalora improve uptime and reliability, drive operational efficiency and deliver exceptional customer experiences that fuel innovation and growth. Uncover the 'why' with New Relic at www.newrelic.com.