Data analysis software company Palantir valued at $15 billion

Source: Internet
Author: User
Palantir, co-founder and CEO Alex KARP1, 17th, said the Wall Street Journal reported that one of Silicon Valley's more secretive companies, Palantir a 15 billion-dollar valuation last November, is now making a new round of financing. The company has been established in 11 to sell data mining analytics software to the U.S. government, Wall Street and others. Palantir A total of $500 million last year, according to people familiar with the matter. In December 2013, venture capital firms valued Palantir at $9 billion trillion. In its latest round of financing, which has not yet been announced, Palantir is valued at $15 billion trillion, second only to taxi service Uber and millet in global start-ups. The popular Data Mining tool developed by Palantir allows the CIA and the FBI (FBI) and other government agencies to quickly visualize and discover the links between massive numbers. Its software analyzes a variety of data information, such as cell phone numbers, bank records, friends lists and vehicle license plate photos. Palantir's software is said to have been used by the U.S. government to hunt down Osama bin Laden (Osama bin Laden). Since 2009, Palantir has received more than 215 million dollars in contracts from the FBI, the Ministry of Defence and the Department of Homeland Security, according to information on the federal website of the U.S. public government contract, USAspending.gov. Many of the company's businesses now come from banks, insurance, retail, healthcare, oil and gas. Palantir's data mining software originated in the online payment platform PayPal developed technology, PayPal engineers to develop the technology is to expose the crime of fraud. Palantir has gained about $1 billion trillion in funding, with diverse investor backgrounds, including government intelligence agency In-q-tel, venture capital Founders Fund and hedge fund Tiger Global Management.

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