PostHog: Raises $12M in Series A Funding

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