Abstract: Palantir has become the world’s fourth largest venture capital companies, ranked Uber, Airbnb, and millet after.
big data, cloud ah these seem to be a bit boring, but now more and more valuable. July 24th, according to documents submitted to the U.S. Securities and Exchange Commission (SEC), Silicon Valley big data company Palantir Technologies has successfully raised about $450 million.
this round of financing will make this home is located in Palo Alto, California (Palo Alto) of the company at a $20 billion valuation. The company’s users include government agencies, law enforcement and financial, insurance, retail, medical companies, Palantir to the end of the valuation of $15 billion.
Palantir initially only for the United States government departments to provide data analysis services, such as FBI or CIA, so quite mysterious, after the general enterprise to provide data analysis services.
in the "Sandy" hurricane, rescue personnel management and distribution using the Palantir platform for a variety of government relief supplies; in addition, the analysis and prevention of financial institutions to use their tools of crime of fraud. For example, a company used it to sort out the famous Ponzi scheme criminals Madoff more than 40 years of trading records on his conviction. By 2013, the company’s software has been used by 12 U.S. government departments, including CIA, FBI, homeland security, Marine Corps, air force, etc..
Palantir was founded in 2004, its entrepreneurial ideas come from the online payment company PayPal co-founder Peter Thiel, after he hired CEO Alex Karp and others to run the company. PayPal initially used it to carry out anti fraud analysis, and U.S. government agencies to use it to carry out counter-terrorism activities. The Alex Karp also holds 8% of the company’s shares worth up to $1 billion 600 million.
before this round of financing, Palantir is the world’s fifth largest venture capital companies, ranked after Uber, Airbnb, Snapchat and millet. Now it’s more than Snapchat up to fourth.
does not currently know who is in this round of financing investment money, previous investors including CIA’s In-Q-Tel Founders Fund, the investment institutions, the Tiger Fund and some billionaires such as Kenneth Langone and Stanley Druckenmiller. So far, the company has raised a total of about $1 billion 500 million.
big data company Palantir financing $450 million valuation