- PostHog, a San Francisco, CA-based open-source product analytics company, raised $12m in Series A funding
- The round was led by GV (formerly Google Ventures), with participation from Y Combinator’s Continuity Fund
- The company intends to use the funds to continue building out its product and engineering teams, accelerate the delivery of new platform features
- The company also released major new features – including plugins, session recordings, and feature flags
- Since February 2020, there have 3,000 deployments of PostHog’s software, ranging from startups to some of the world’s largest institutions
- The company, which originally conceived during Y Combinator’s Winter 2020 batch, raised an initial $3M seed round in March 2020
