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.