Palantir Technologies Raises $200M in Series K Funding

palantirPalantir Technologies, a Palo Alto, Calif.-based provider of big data fusion solutions, raised an additional $200m in Series K funding.

According to a regulatory filing with the SEC, this new raise brought total funding in the round to $880m.

The company will use the funds to continue to grow operations. To this end, it is massively hiring in all the areas.

Founded in 2004 by CEO Alex Karp, Palantir Technologies builds software platforms that allow human experts at public institutions, private enterprises, and non-profits to perform collaborative analysis of data at scale by integrating, visualizing, and analyzing massive amounts of information.
The company provides Palantir Gotham to integrate, manage, secure, and analyze enterprise data (unstructured data like emails, documents, images, and videos) and Palantir Metropolis to integrate, enrich, model, and analyze any kind of quantitative data (ideal for large-scale quantitative investigation)



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