SAN FRANCISCO--(BUSINESS WIRE)--Software analytics company New Relic, Inc. (NYSE: NEWR) announced that it has acquired Opsmatic, a San Francisco-based startup focused on live-state infrastructure monitoring for modern DevOps teams. Delivered as a cloud-based service, Opsmatic’s software has been designed to provide real-time visibility into critical configuration changes that affect a company’s dynamic cloud infrastructure, and intelligently alert users so they can troubleshoot problems and reduce downtime.
“With this acquisition, New Relic gains Opsmatic’s powerful technology that monitors configuration changes at the infrastructure level,” said Lew Cirne, CEO and founder, New Relic. “This is important, because we believe today’s successful software teams need real-time visibility into every component of their apps -- from the infrastructure all the way up to the user experience.”
“We started Opsmatic to deliver deep infrastructure transparency so that innovative software teams could move faster, make changes with greater confidence and resolve issues in seconds,” said Jim Stoneham, CEO and founder, Opsmatic. “The team at New Relic shares our vision and we couldn’t be more excited to continue our journey as part of New Relic.”
Opsmatic’s cloud-based service has been designed to provide modern IT Ops teams with a precise, real-time picture of the detailed configuration of an enterprise’s computing infrastructure, and an instantaneous feed of any changes being made. Any variation, or “drift,” in configuration across host groups would also be immediately visible to enable teams to fix issues before they cause trouble, often saving hours of detective work and remediation.
Founded in 2013, the Opsmatic team comprises experienced development and operations professionals who were involved at the beginning of the DevOps movement at major web-scale companies. After bringing those practices to other teams, but frustrated by the overall lack of available tooling, they founded Opsmatic in early 2013 with the goal of radically improving the efficiency and speed of DevOps teams. The terms of the deal were not disclosed.
About New Relic Software Analytics Cloud
The New Relic
Software Analytics Cloud is a market-leading multi-tenant SaaS software
analytics solution built for modern architectures. New Relic's
integrated products (APM, Browser, Insights, Mobile, Plugins, Servers,
and Synthetics) are designed to allow developers and IT operations to
manage the performance of their applications and create new digital
customer experiences. New Relic's cloud-based monitoring can help
companies make better, data-driven decisions using real-time data from
production software.
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About New Relic
New Relic is a software analytics company
that delivers real-time insights to more than 500,000 users and 12,000
paid business accounts. As a multi-tenant SaaS platform, the New Relic
Software Analytics Cloud helps companies securely monitor their
production software in virtually any environment, without having to
build or maintain dedicated infrastructure. New Relic helps companies
improve application performance, create delightful customer experiences,
and realize business success. Learn more at newrelic.com.
New Relic is a registered trademark of New Relic, Inc.
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Forward-Looking Statements
This press release contains
“forward-looking” statements, as that term is defined under the federal
securities laws, including but not limited to potential benefits to
customers of the Opsmatic product as well as any benefits of the
purchase and integration of Opsmatic by and into New Relic. The
achievement or success of the matters covered by such forward-looking
statements are based on New Relic’s current assumptions, expectations,
and beliefs and are subject to substantial risks, uncertainties,
assumptions, and changes in circumstances that may cause New Relic’s
actual results, performance, or achievements to differ materially from
those expressed or implied in any forward-looking statement. Further
information on factors that could affect New Relic’s financial and other
results and the forward-looking statements in this press release is
included in the filings we make with the SEC from time to time,
including in New Relic’s most recent Form 10-Q, particularly under the
captions “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations.” Copies of these
documents may be obtained by visiting New Relic’s Investor Relations
website at http://ir.newrelic.com
or the SEC's website at www.sec.gov.
New Relic assumes no obligation and does not intend to update these
forward-looking statements, except as required by law.
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