Reuters logo
Palantir Technologies raises $880 million from investors
December 23, 2015 / 11:15 PM / in 2 years

Palantir Technologies raises $880 million from investors

SAN FRANCISCO (Reuters) - Palantir Technologies, a big-data Silicon Valley company that helps government agencies track down terrorists and uncover financial fraud, has updated its most recent financing round to $880 million.

The Palo Alto, California-based company added another $200 million onto a financing round it said it began raising in July.

The company earlier this month had lined its coffers with $679.8 million, nudging Palantir’s valuation to about $20 billion, ranking it the fourth highest-valued venture-backed private tech company in the world.

Reporting by Heather Somerville. Additional reporting by Sarah McBride in San Francisco.; Editing by Chris Reese

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below