Welcome!

Python Authors: Pat Romanski, Matt Davis, AppDynamics Blog, Donald Meyer, Liz McMillan

News Feed Item

New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts

Customer Demand Surges With the Availability of Native Mobile App Service

SAN FRANCISCO, CA -- (Marketwired) -- 04/30/13 -- New Relic Inc., the SaaS-based application management provider, today announced the company exceeded its growth targets for Q1 2013. In Q1, New Relic recorded 130 percent in revenue growth compared to the same quarter one year earlier, and ended the quarter with more than 40,000 active customer accounts. Customer growth was reported at 134 percent year over year, with a record 1,300 new direct paying customers including a 65 percent increase among enterprise customers. Overall, the company is performing at top speed and broadening its reach in all of its markets, either directly or through partnerships with more than 70 cloud computing and hosting relationships.

Late in the quarter, customer demand surged when the company announced the availability of New Relic for Mobile Apps. Within a month of general availability, there are now more than 1,000 iOS and Android mobile applications with 11 million end users being monitored by New Relic in production and enterprise environments. Among the new customers for the native mobile app service are Dark Horse Comics, Mirego and Wanelo.

For first quarter 2013, New Relic:

  • New customers included Comcast, General Electric Company, Urban Outfitters, Saks Fifth Avenue, Hibu Global Limited, Pearson Technology and Churchill Downs, the home of the Kentucky Derby
  • Secured a new round of venture capital funding of $80 million and announced its plans for an initial public offering
  • Tripled the company's office footprint with the headquarters move to four full floors at 188 Spear St., San Francisco, and two full floors at 111 SW 5th Avenue, Portland, the engineering team's headquarters
  • Grew the team by more than 40 people, bringing the total employee headcount to more than 230
  • Announced the general availability of a real-time solution for the monitoring of native mobile applications, a first of its kind in the industry
  • New Relic announced a new partnership program with the "Who's Who" of mobile app platform providers Adobe® PhoneGap™ Build, Appcelerator, Parse and Stackmob
  • New Relic also extended its mobile app service to existing platform and infrastructure partners such as CloudBees, Joyent, Rackspace® Hosting and Windows Azure Mobile Services
  • Released its very own mobile app for the iPhone, enabling customers to monitor their apps on the go
  • Won the Marketo Revenue Performance Excellence Award in the Innovative Integration category
  • Recognized as a SIIA Software CODiE Award finalist

Currently, New Relic:

  • App Instances Monitored: 1,328,843
  • Daily metrics captured: Over 100 billion metrics each day
  • Active customer accounts: 40,000+

Supporting Quote:
"Our focus is on the opportunity ahead, where software and apps are driving the world's economy. Enterprises are building their latest business initiatives on the web and mobile. New, personalized interactions now available through mobile and web interfaces are inspiring entrepreneurs to build new businesses. Q1 was about New Relic setting the stage for bigger things to come. This year, you'll see us continue to provide new and innovative ways to evaluate the success of apps, which is the underlying foundation for the success of your business."
- Lew Cirne, founder and CEO, New Relic

Online Resources

  • Don't miss our blog for more information

About New Relic
New Relic is changing -- for the better -- the way the world's developers and operations teams build, deliver and manage software. Its 100 percent SaaS-based solution provides end-to-end, real time visibility into the operations of network-connected applications wherever they run -- in browsers, mobile devices, or servers. New Relic's platform-agnostic solution works right out of the box for web apps build with Java, .NET, Ruby, Python and PHP and for mobile apps on Android and iOS. New Relic is currently monitoring 1 million apps and collecting over 100 billion metrics a day for more than 40,000 customers, all of whom use New relic to ensure a better online experience for their users. Learn more at: newrelic.com.
Social Media Links


More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...