New Relic Acquisition · $6.5B raised · (2023)

New Relic provides a cloud-based observability platform designed for engineers to monitor their entire software stack, identify issues, and improve performance. The company recently launched its New Relic Agentic Platform, a no-code solution for building and managing AI agents focused on data observability to proactively detect bugs and issues. They also enhanced their OpenTelemetry tools to streamline the management of OTel data streams for enterprises.