New Relic, Workiva IPOs Add Thrust To Big Data Market

By | December 12, 2014

Scalper1 News

Seven companies had their IPO debut Friday, with Big Data a big theme. New Relic (NEWR) popped with its initial public offering. The company provides a software-as-a-service platform that companies use to collect, analyze and store massive amounts of data. This includes monitoring e-commerce applications. New Relic raised $115 million by pricing 5 million shares late Thursday at 23, above its upwardly revised expected range of 20 to 22. New Relic Scalper1 News

Scalper1 News