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Statsig secures $100M in funding for its product testing platform

  • Statsig Inc. has raised $100 million in funding for its product testing platform.
  • The Series C investment was led by ICONIQ Growth and saw participation from Sequoia and Madrona.
  • Statsig's platform allows developers to test new features, run A/B tests, use feature flags for quick deployment, and analyze results within a company's cloud data warehouse.
  • Statsig, valued at $1.1 billion, plans to use the funding to hire more employees and expand its platform's capabilities, catering to clients like Microsoft, Atlassian, and OpenAI.

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