New Relic files for IPO

San Francisco-based software analytics provider New Relic on Monday filed for a $100 million proposed IPO under the symbol "NEWR." New Relic didn't indicate the price in its announcement. But the company's regulatory filing lists the price. Benchmark Capital is listed as the largest institutional shareholder, owning 22 percent prior to the IPO, followed by Trinity Ventures (13.6 percent). Other sizable investors include Insight Venture Partners and Tenaya Capital. Venture-backed New Relic has raised more than $214 million in funding, including a $100 million round in April.

North AmericaUSBriefs