Web Monitoring Service New Relic Raises $100M in Funding

newrelicCloud-based website monitoring and software analytics provider New Relic has raised $100 million in financing that will be put towards product development and expanding the company’s international presence.

The funding comes from a Series F round led by BlackRock, Inc. and Passport Capital, LLC, and also involved participation from T. Rowe Price Associates, Inc. and Wellington Management.

According to tech blog Re/code, a source familiar with the deal places New Relic’s total valuation at around $1.2 billion to $1.3 billion.

New Relic is among a handful of application performance monitoring solutions that isolate and analyze the root causes of errors within software stacks, some of which have grown increasingly complex with the adoption of cloud architecture.

In October 2013, New Relic began providing real-time application performance monitoring for Cloudscaling’s Open Cloud System cloud infrastructure, allowing developers to quickly see if their applications are running properly in hybrid cloud environments.

Last month, New Relic launched a real-time SaaS analytics platform known as “New Relic Insights,” which allows users to get Big Data insights from collected data.

Headquartered in San Francisco, New Relic opened first international office, in Dublin, Ireland, in February. With this new funding, it is planning on further expanding internationally in Europe, the Middle East, and Africa.

New Relic founder and CEO Lew Cirne said in a statement, “This funding will help us further accelerate company momentum on a global basis, build out our presence among large enterprises and develop both new and existing products, including our real-time analytics platform to enable more organizations make better data-driven business decisions.”

Enterprises Seek Multi-Cloud Approach to IT, Cloud Competition Remains Fierce: Report

rightscale-reportWith nearly all organizations running cloud applications or experimenting with Infrastructure-as-a-Service, larger enterprises remain cautious when it comes to cloud adoption and are looking for strategies for adopting cloud that incorporate varying combinations of public, private, and hybrid cloud infrastructure.

This is one of the key findings of the annual “State of the Cloud Survey” from cloud automation and control software provider RightScale. More than 1,000 organizations were surveyed, roughly a quarter of whom were companies with more than 1,000 employees.

Compared to smaller organizations that may be able to rely on a single public or private cloud to provide most of their IT needs, larger enterprises often have more complex requirements and see hybrid and multi-cloud implementations as an end goal. Among enterprise respondents, 74 percent have a multi-cloud strategy, and nearly half (48 percent) are planning for hybrid clouds.

Although more enterprises are adopting cloud solutions, only a little more than half of them have defined the business value they want to get from cloud initiatives or outlined their security policies. And even fewer enterprises have defined policies for choosing cloud services, made disaster recovery plans, or implemented cost management strategies.

This indicates that many enterprises may actually be moving forward with cloud services without necessarily being prepared.

However, the challenges of cloud security decline as cloud solutions mature and IT departments learn more about cloud security features and best practices.

Additionally, organizations are finding more benefits from being about to deploy different types of workloads in the cloud. Test and development applications are the most likely applications to be deployed on the cloud, followed by customer web apps, internal web apps, batch processing, and mobile apps.

Next-Gen IT: Cloud, DevOps, and Self-Service

According to RightScale’s report, cloud adoption is part of the next-generation corporate IT formula that includes cloud, self-service, and DevOps. Self-service allows end users to provision their own services and attempt to solve their own problems. DevOps is basically an approach to software development that increases collaboration between operations teams and developers.

The Public/Private Cloud Leaderboard

AWS continues to be the most popular public cloud among respondents with 54 percent of respondents currently running applications on it. The second most used cloud, Rackspace Public Cloud, was only used by 12 percent of respondents.


Public cloud adoption, however, is radically different between larger enterprises and smaller organizations. AWS remains in first place across both segments, but SMBs are more likely to use Rackspace or Google App Engine, and enterprises tend to use VMware vCHS and Azure.


Private cloud is even more competitive than last year, and IT departments still have a difficult decision to make between open-source solutions (ie. OpenStack) and proprietary solutions (ie. VMware). Compared to last year, OpenStack adoption went up while VMware vCloud Director showed declines. Still, VMware vSphere remains the most popular private cloud technology, followed by vCloud Director, Microsoft System Center, and OpenStack.

This year’s State of the Cloud Survey paints a picture of a cloud marketplace that’s gaining maturity, but IT departments are still confronted with difficult decisions about their cloud strategy.

Cloud Marketplace ComputeNext Raises $4M to Build ‘Expedia’ for the Cloud

cloudkeystockMulti-cloud brokerage platform ComputeNext has raised $4 million in funding to spur its sales and marketing efforts, bringing its total funding to $8 million.

According to ComputeNext’s announcement, it intends to become “the Expedia of Cloud Computing.” Expedia provides travel and accommodations from various providers available on one platform. Similarly, ComputeNext wants to make it easy to navigate different cloud services and providers.

The latest funding will be used to bring the product offerings to market, expanded its marketing and sales effort, and grow its business development team in Bellevue, Wash.

ComputeNext CEO and founder Sundar Kannan said in a statement, “We believed that the cloud ecosystem will thrive when there is glue that can bring the different players, big or small, and provide the best value for customers as they face the new paradigm of real cloud use cases and take advantage of the benefits. We believe we can be that glue.”

From a single account, ComputeNext cloud marketplace customers can choose different cloud infrastructure-as-a-service providers from across the world, most of which are accessible using a normalized API.

Cloud brokerages heavily depend on forging relationships with quality cloud partners. In December 2013, Toronto-based cloud service provider Cirrus Tech made its Infrastructure-as-a-Service available through ComputeNext.

In addition to ComputeNext’s cloud marketplace, the company offers a branded cloud marketplace for VARs, systems integrators, data centers, telcos and managed service providers to easily offer their own cloud marketplace and their own bundled offerings.

ComputeNext represents a growing service provider segment known as cloud brokerages that help customers access different cloud services, provide interoperability across different platforms, and provide more technology and price options than they would get with a single supplier.

Cloud brokerages can provide a combination of cloud services spanning IaaS, PaaS and SaaS offering. Some of these platforms in addition to ComputeNext include Appirio, AWS Marketplace, Cloud Sherpas, CompatibleOne, Cloud Nation, InfoSys’s Cloud Ecosystem Hub, Nephos Technologies, Rackspace Cloud Tools Marketplace, Synnex CloudSolv, and Tech Data’s TDCloud.

The cloud brokerage market is expected to grow from $1.57 billion in 2013 to $10.5 billion by 2018 according to MarketsandMarkets estimates.

NetWolves Chooses RapidScale As Their Cloud Services Partner

RapidScale (http://www.rapidscale.net), a leader in cloud computing solutions, has established one of the most expansive and comprehensive cloud solution sets in the market today. NetWolves is a Managed Network Provider (MNP) that designs and delivers efficient and cost-effective multi-network and multi-technology solutions that work. NetWolves provides a complete single-source solution that includes design, network redundancy, application device management, real-time network monitoring, reporting and support systems, all on a single invoice. Today, NetWolves and RapidScale have solidified a new partnership agreement that will allow NetWolves to incorporate RapidScale’s offerings into its portfolio of services.

“This partnership will help both companies capitalize on the continued shift to the cloud while at the same time offer the end user a better experience by having one company to contact for support” says Randy Jeter, CEO of RapidScale.

Chief Architect for NetWolves, Brent Lane, believes “Cloud computing is no longer a futuristic term in the technology industry. RapidScale has established an advanced cloud computing solution (http://www.cloudcomputingsolution.net) that combines simplicity with ingenuity”. RapidScale’s products include CloudDesktop (an advanced virtual desktop solution), CloudServer, virtualization of servers, CloudRecovery, backup and failover for businesses of all sizes, CloudMail, Hosted Microsoft Exchange, and the all-in-one CloudOffice solution, which is a full suite of the RapidScale products in one convenient package.

RapidScale not only focuses on engineering the future of computing, but also follows a “We Care” philosophy that goes into every aspect of the business including the design, testing, and implementation process. This approach is one of the reasons why NetWolves chose RapidScale as their cloud services provider. In addition to that, NetWolves will be able to utilize RapidScale’s CloudIntelligence Team, CloudCompliance Team, and Cloud Sales Engineering Team for simple quotes and complex cloud computing roadmaps.

About RapidScale:

RapidScale is seen as a global leader in cloud services, a great company to work for, and a joy to do business with. RapidScale is focused on the convergence of Desktop as a Service (http://www.desktopasaservice.us) and Business Apps as a Service. That integration is the basis for being the “Next Generation Computer.” No longer will the computer be a device you’re chained to, but rather, a secure place in our cloud. In order to get that end result, RapidScale has learned to think outside of the box, find brilliant technology minds, and set forth an innovative plan to develop the fastest and most advanced global application network in the world. With RapidScale, you can use any device, store anything, and access any app from anywhere in the world. For more information, visithttp://www.rapidscale.net.

About NetWolves:

Founded in 1998 and with strong roots in network security and software development, NetWolves has established itself as a proven Managed Network Provider (MNP). They combine the abilities of a forward-looking managed services organization with a diverse network aggregator, and then add comprehensive professional services to complete this offering. They have the expertise to deliver efficient and cost-effective multi-network and multi-technology solutions.

NetWolves offers consolidated secure network services from over 150 leading telecommunication companies, including large Tier One facilities providers, cable companies, and regional providers. They provide our clients with a complete single-source solution that includes design, network redundancy with failover capability, application device management, real-time network monitoring, reporting and support systems, and professional services, all on a single invoice. NetWolves is headquartered in Tampa, FL.