Big Data, Big Bucks: Palantir Valued at $9 Billion
Palantir Technologies, the “big data” miner that the counts the CIA and the FBI among its clients, is poised to announce a new round of funding that will value the company at roughly $9 billion, according a person familiar with the matter.
In a securities filing Thursday, Palantir is expected to disclose that it has raised $58 million in the current funding round, the person familiar with the matter said. The person said Palantir could expand the round to as much as $100 million. The names of investors could not be learned.