Vijaye Raji (left) and the Statsig team. (Photo from Statsig)
New start-up: Vijaye Raji, a technology veteran who previously led Facebook’s 5,000-person engineering position in Seattle, is CEO and founder of Statsig, a Seattle-area company that was just formed to help developers create and launch. functions quickly.
Statsig Launch: Raji spent a decade on Facebook and learned how it used internal development tools to optimize the way new features were tested and ultimately implemented. They include Gatekeeper, which allows developers to create functions visible only to a specific set of users, and Deltoid, a visual map of how critical metrics are affected by new functions.
Statsig wants to bring that power to everyone.
“Large companies should not be the only ones with such sophisticated tools; they should be released and made accessible and available to developers, data scientists, and product managers, ”Raji wrote in a blog post.
What makes Statsig different: There are already some competitors in the market, which according to Raji is good for market validation. The company differentiates itself with a usage-based pricing system tied to a customer’s monthly active user count. Includes a free tier that makes it easy for developers to test the software. Raji said he would disclose more about the secret sauce in future blog posts.
Raji’s Background: His tenure at Facebook included terms as vice president of games and vice president of entertainment. Raji previously worked at Microsoft for nearly a decade and was a principal software design engineer.
Investor interest: The company did not disclose funding information, but at least one venture capitalist, Madrona Venture Group managing director and former Microsoft executive S. “Soma” Somasegar, is a fan.
With @statsigio’s #beta, @VijayeRaji and his team are ready to deliver #featureflags #dynamicconfigs and the like for developers # to deliver faster while powered by #data – Congratulations @MadronaVentures @statsigio team
– S. Somasegar (@SSomasegar) March 30, 2021
Whats Next: Statsig has a small team made up of former Facebook employees based in the Seattle region. He recently opened a beta version of his software and Raji said there has been a steady stream of registrations.
Facebook opened an engineering office in Seattle in 2010 and employs more than 5,000 people in the area. Last year it paid $ 367.6 million to purchase a new 6-acre, 400,000-square-foot REI complex in the new Spring District development in Bellevue, Washington, east of Seattle.