Product Analytics Firm PostHog Raises $12m

In the US, open-source product analytics company PostHog has raised $12m in a new round of funding, which it will use to continue building its product and engineering teams, accelerate the delivery of new platform features, and enhance its enterprise offering.

San Francisco-based PostHog helps software teams understand how people are using their products, without writing any code or sending any data to a third party. The platform auto-captures events, and performs product analytics and dashboarding, enabling the roll out of new features behind feature flags, all based on its single open-source platform.

New funding was led by GV (formerly Google Ventures), with participation from Y Combinator's Continuity Fund, while Jason Warner (CTO of GitHub) also joins as an investor. This adds to PostHog's initial $3m seed round, which closed in March, and its $9m Series A in July.

PostHog co-founder and CEO James Hawkins (pictured) comments: 'Our goal is to increase the number of successful products in the world. That starts with empowering engineers to improve a business' metrics and consolidating the disparate set of tools out there today to understand user behavior. We also now offer PostHog Enterprise, which is a more scalable version of our platform, designed to support tens of thousands to tens of millions of users'.

Web site: www.posthog.com .