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Java IoT: Article

New Relic BoD Appointment Signals Trajectory Toward an Upcoming IPO

CEO Lew Cirne's tweet this week sent a signal across Silicon Valley that his company is headed one way and one way only

The tweet from @sweetlew, a.k.a. New Relic CEO Lewis Cirne looked ordinary enough:

But Cirne's tweet sent a signal across Silicon Valley that his company is headed one way and one way only - on a fast track to an IPO.

That is because @plscurrie is none other than Valley veteran Peter Currie, a member of Twitter's Board of Directors since 2010, an investor in Flipboard, and a highly regarded practitioner who according to Pandodaily "was the key player in Netscape’s extremely successful IPO and spent time as a temporary financial adviser to Facebook’s board before it went public."



New Relic is the well-funded Application Performance Management (APM) company that Cirne founded in February 2008 and which now has 300 employees and claims to have 50,000 customers including Airbnb, ESPN, Comcast, Groupon and others. Under Cirne's energetic leadership, the company has raised a handy $115M.

Next stop, now that Currie on the BoD: an IPO. In early 2014, perhaps?

More Stories By Jeremy Geelan

Jeremy Geelan is Chairman & CEO of the 21st Century Internet Group, Inc. and an Executive Academy Member of the International Academy of Digital Arts & Sciences. Formerly he was President & COO at Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences across six continents. You can follow him on twitter: @jg21.

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