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Exclusive: Statsig raises $100 million at $1.1 billion valuation after abandoned Datadog acquisition attempt

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Statsig bet on itself. Datadog bought a competitor.
Statsig, a company specializing in feature experimentation and data analytics, has raised $100 million in a Series C funding round, bringing its valuation to $1.1 billion. The round was led by existing investors Andreessen Horowitz and Sequoia Capital, with participation from new investor Elad Gil. The funding will be used to enhance Statsig's product offerings, expand its team, and accelerate its go-to-market strategy. The company's platform helps businesses conduct A/B testing, feature flagging, and data analysis to optimize product development and user experiences. Statsig's growth has been fueled by increasing demand for data-driven decision-making tools, and it competes with companies like Eppo and Datadog in the experimentation and analytics space.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/06/statsig-series-c-100-million-1-1-billion-eppo-datadog/ ]