Is New Relic a Publicly Traded Company Now

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New Relic went public on December 12, 2014, with an initial public offering (IPO) that raised $100 million. This marked a significant milestone in the company's history.

The IPO was a major success, and it allowed New Relic to expand its operations and invest in new technologies. New Relic's stock began trading on the NYSE under the ticker symbol NEW on that day.

As a publicly traded company, New Relic is now subject to stricter regulations and reporting requirements. This includes filing regular financial reports with the Securities and Exchange Commission (SEC).

A unique perspective: New Relic Ipo

New Relic Acquisition

New Relic is a privately held company, not a public one, despite its significant growth and success in the market.

New Relic was founded in 2008 by Lucas Ryan and Cameron Bahar, with the goal of providing a platform for developers to monitor and troubleshoot their applications in real-time.

In 2021, New Relic acquired several companies, including CodeStream and Pixate, expanding its product offerings and capabilities.

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These acquisitions have helped New Relic stay ahead of the competition and continue to innovate in the market.

New Relic has been valued at over $10 billion, making it one of the largest privately held companies in the world.

This valuation is a testament to the company's success and its ability to continue growing and innovating without the pressures of being a public company.

Stock Information

New Relic is indeed a public company, and as such, it's listed on a major stock exchange. The company's ticker symbol is NEWR.

New Relic is listed on the New York Stock Exchange, or NYSE for short. This is a prestigious exchange that's home to many well-known companies.

The company's fiscal year runs from April to March, which is a bit unusual but not unheard of. This means that New Relic's financial reporting year is a bit different from what you might be used to.

Here are some key details about New Relic's stock:

Frequently Asked Questions

What is the valuation of New Relic?

New Relic's valuation is $6.12 billion, a significant indicator of its market value and growth potential. Learn more about New Relic's financials and industry standing.

Jennie Bechtelar

Senior Writer

Jennie Bechtelar is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for distilling complex concepts into accessible language, Jennie has established herself as a go-to expert in the fields of important and industry-specific topics. Her writing portfolio showcases a depth of knowledge and expertise in standards and best practices, with a focus on helping readers navigate the intricacies of their chosen fields.

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