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Data Analysis Firm Palantir Technologies Discloses $129M In New Funding

Data Analysis Firm Palantir Technologies Discloses $129M In New Funding

December 10, 2015

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Palantir Technology, the data analytics firm whose clients include the U.S. government, has raised $129 million in new funding. Based in Palo Alto, the company provides tools for a wide variety of use cases, including cyber security, crisis response, and military intelligence. Palantir software was reportedly used to track down Osama Bin Laden.

Palantir’s latest funding, which was disclosed in a Dec. 9 Securities and Exchange Commission filing, is part of a round that now totals almost $680 million. About $555 million of that was previously revealed in another SEC filing and put Palantir at a $20 billion valuation.

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