SF Web startup with Portland office releases IPO details


New Relic plans to sell five million shares at the price of $18-20 each.

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New Relic plans to sell five million shares at the price of $18-20 each.

The company reported $48.0 million in revenue in the six months ended September 30, up from $26.1 million in the same period a year earlier.

New Relic lost $19.4 million in that period, compared to a loss of $18.6 million in the same six months of 2013.

Read more at OregonLive.com.




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