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New Relic stands out for its ability to deliver actionable insights through deep diagnostic capabilities, making it especially powerful for application performance monitoring. Founded in 2008, this tool is renowned for helping teams proactively manage application health by detecting and resolving issues before they impact users, ensuring optimal performance and enhancing user experience.

• Open Source: Not open source, commercial with some open integrations.
• Capability to ping an API from different geos/IPs: Extensive API monitoring with the ability to simulate calls from various locations.
• Uptime statistics and report: Robust uptime monitoring with detailed historical reporting.
• Automated analysis on API/Page performance: Advanced analytics on API and webpage performance to optimize user experience.
• Script/code-based setup vs UI-based setup: Primarily UI-based with some support for code-level configuration.
• Functional testing of features: Supports synthetic transactions for testing complex user workflows.
• Community Feedback: Highly rated for its deep insights and real-time analytics. 

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Official Site, Official docs