Vijay RajThe former head of engineering at Facebook and Microsoft has raised $10.4 million in Series A funding for a new startup called Statsig, which is developing new ways to help developers perform product features faster and more seamlessly.
Technology crisis Report The news on Thursday morning noticed that the venture capital firm Sequoia Capital and Madrona Venture Group participated together with a group of angel investors. The Kirkland, Washington-based company declined to comment on GeekWire.
GeekWire reported on Statsig in April and pointed out that Raji came up with this idea after he worked at Facebook, where he and other developers used internal tools to quickly roll out features for specific user sets-the so-called “dog eaters” “——Prepare prime time before them. This process and other Facebook tools enabled engineers to quickly experiment with the features to be implemented, which inspired Statsig.
The company’s slogan explains many important points: Build now. Quick measurement. Ship it!
“Having witnessed the power of these tools and how they allow companies like Facebook to grow rapidly, I believe we can bring this power to everyone,” Raj wrote in an article. Blog post Introduce the company in March. “Large companies shouldn’t be the only company with such complex tools-it should be liberated so that developers, data scientists, and product managers can access and use them.”
On Facebook, Raji is responsible for overseeing the company’s rapidly growing engineering outpost in Seattle, which has now grown to more than 7,000 employees. Facebook office is now run by Rajev Rajan GeekWire introduced a 23-year veteran at Microsoft last month.
As of last month, Statsig has employed about 12 employees, most of whom work for Facebook.Other team members include Timothy Chen, Former Facebook game data scientist; Li Genpei, A former product designer of the Facebook game group; and Rodrigo Romeo, A former software engineer at Facebook and Microsoft.
Madrona partner S. “Soma” Somasegar said that since the founding team was established in February, he has been working with the founding team and said that they are very flexible in building the first version of the product, which is true for them . mission. .
Somasegar said in an email to GeekWire: “If you look at sales and marketing and other functions in the organization, there are tools and platforms that can provide these teams with insights and act accordingly.” “Software This has always been lacking in the development field, and Statsig provides a first-class solution that provides a single source of truth for all software development teams. This is a good start.”