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.Online Resources