Palantir Raises $679M in Latest Round
Data analytics is hot, and no company is hotter in the space than Palantir Technologies which just raised $679M in its latest funding round. The company is estimated to be valued at around $20B, which makes it one of the most valuable venture-backed companies in the US. Palantir is probably best known for helping the US track down Osama bin Laden and its solutions are used by the military and Intelligence Community as well as commercial and non-profit organizations to help with intelligence analysis, cyber security, fraud detection, and disaster response. Investors in Palantir includes In-Q-Tel, Founders Fund and Ulu Ventures.
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