SAN FRANCISCO — April 11, 2012 — New Relic, Inc., the SaaS-based cloud application performance management provider, today announced that it was selected by AlwaysOn as one of the 2012 OnDemand Top 100 Private Companies in the Cloud Management and Tools category. OnDemand 100 signifies leadership and game-changing approaches and technologies that are pushing outside the bounds of existing markets and entrenched players.
New Relic was selected by the AlwaysOn editorial team, along with partners at Battery Ventures, KPMG, Hewlett-Packard, KPCB, Greycroft Partners, International Venture Partners, Hummer Winblad Venture Partners, Emergence Capital Partners, SAP, Intel, Meritech Capital Partners, Advanced Technology Ventures, Bridge Bank, Fenwick & West and Silicon Valley Bank after a rigorous three-month vetting process. New Relic was selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
"We're honored to be included on such a great list of fast-growth, truly disruptive companies," said Chris Cook, president at New Relic. "There is a major shift happening in how companies build and deploy applications today, with an increasing number of business leveraging cloud technologies for their scalability and flexibility. Over 20,000 customers use New Relic to manage their app performance and deliver a great user experience, and we look forward to continuing to deliver a product that they can count on."
New Relic and the other OnDemand Top 100 companies were honored at AlwaysOn's OnDemand event on April 4th, 2012, at Hewlett-Packard's Executive Briefing Center in Cupertino, CA. A full list of all the winners can be found on the AlwaysOn website.
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About New Relic
New Relic provides the real-time insights that software-driven businesses need to innovate faster. New Relic’s cloud platform makes every aspect of modern software and infrastructure observable, so companies can find and fix problems faster, build high-performing DevOps teams, and speed up transformation projects. Learn why more than 50% of the Fortune 100 trust New Relic at newrelic.com.
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Media ContactAndrew Schmitt
New Relic, Inc.
Investor ContactJonathan Parker
New Relic, Inc.