GitLab co-founder Sid Sijbrandij steps down as CEO to focus on his health, transitions to executive chair, and names former New Relic CEO Bill Staples as CEO
Gitlab co-founder Sid Sijbrandij is stepping down as chief executive due to focus on his health, including treatment for cancer.
A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B
- A private-equity consortium will take software provider New Relic private at $87 a share, the company announced Monday.
Sources: PE firms Francisco Partners and TPG have ended talks to acquire observability software company New Relic after failing to secure enough debt financing
Private equity firms Francisco Partners and TPG Inc (TPG.O) have ended talks to acquire New Relic Inc (NEWR.N) …
Sources: private equity firms Francisco Partners and TPG plan a $5B+ bid to acquire observability software company New Relic; a deal may be reached in weeks
Laura Cooper / Wall Street Journal :
New Relic files for IPO, seeks to raise $100M under symbol NEWR
Lew Cirne's New Relic Files to Go Public — Analytics software startup New Relic announced plans for an initial public offering today, saying it will seek to raise $100 million under the ticker symbo...
BigPanda takes in $7M to help IT staff spot problems in the data center
By hooking up services like New Relic, Loggly and Puppet to BigPanda's cloud-based system, IT staff will supposedly get a better picture of infrastructure-related problems. — IT problem-spotter BigP...
Tidemark rolls out ‘Playbooks’ dashboards, raises $32 million
Summary: The new funding will be used to expand sales and marketing for Tidemark, an enterprise performance management company. Tidemark also partnered with New Relic. — Tidemark on Tuesday said it...