Posit has no formal connection to the R Foundation, a not-for-profit organization located in Vienna, Austria,[3] which is responsible for overseeing development of the R environment for statistical computing.

In July 2022, it announced that it changed its name to Posit, to signify its broadening exploration towards other programming languages such as Python.

[7] In August 2012, Hadley Wickham, Winston Chang, and Garrett Grolemund joined Posit (at the time RStudio Inc.).

She worked on R packages like googlesheets and was part of the leadership team at rOpenSci, an organization to help develop more R tools for the scientific community.

RStudio is privately held, and venture capital firm General Catalyst owns a minority stake in the company.

[13] In November 2023, Wes McKinney, creator of the Python package pandas, joined Posit as a principal architect.