{"id":5816,"date":"2013-02-06T10:00:00","date_gmt":"2013-02-06T10:00:00","guid":{"rendered":"https:\/\/cloudcomputing.sys-con.com\/node\/2531125"},"modified":"2013-02-06T10:00:00","modified_gmt":"2013-02-06T10:00:00","slug":"new-relic-raises-whopping-80-million","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/new-relic-raises-whopping-80-million\/","title":{"rendered":"New Relic Raises Whopping $80 Million"},"content":{"rendered":"<p>SaaS-based application performance monitoring start-up New Relic, which has already raised $34.5 million in venture capital, has gotten a whopping $80 million in mezzanine financing to move into native mobile applications, open an office in Europe, add staff and prepare to IPO.<br \/>\nThe handsome sum, which gives it a total of $115 million and a reported valuation of $750 million, comes largely from Insight Venture Partners and T Rowe Price, marking the first time since Twitter that the pair has funded a start-up together.<br \/>\nOther participants include Dragoneer Investment Group, Passport Ventures and the company\u2019s existing investors Allen &#038; Company, Benchmark Capital, Trinity Ventures and Tenaya Capital. <\/p>\n<p><a href=\"https:\/\/cloudcomputing.sys-con.com\/node\/2531125\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SaaS-based application performance monitoring start-up New Relic, which has already raised $34.5 million in venture capital, has gotten a whopping $80 million in mezzanine financing to move into native mobile applications, open an office in Europe, add&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5816","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=5816"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5816\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=5816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=5816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=5816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}