Blackrock and Passport Capital leads $100 mln for New Relic
Software analytics provider New Relic has raised $100 million in funding. Blackrock and Passport Capital led the round with participation from T. Rowe Price Associates and Wellington Management. According to the firm, the capital infusion will be used for product development and international expansion. Allen & Company advised New Relic on the transaction and helped arrange the financing.
29 April 2014•3 mins read
