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Software-as-a-service (SaaS) PostHog turned unicorn after raising $75 million in a funding round at a $1.4 billion valuation, in a round led by Peak XV Partners with participation from other existing investors.
Cofounder and co-CEO James Hawkins made the announcement in a LinkedIn post, describing how this new phase marks “Act 2” for PostHog.
With this funding, the startup will deepen its focus on developer tools beyond analytics. “We are going deeper into being a devtool, not “just” analytics. We will keep improving our existing tools, and adding…
