After raising a whopping $90 million last year, Palantir Technologies appears to be raising another big round. According to an SEC filing, the company has just raised $50 million in new funding. This would bring Palantir’s total funding to $175 million. The company declined to comment on the filing.
Founded in 2004 by former PayPal employees and Stanford computer scientists, Palantir offers a… → Read More
When Alex Karp needed funding for a young start up named Palantir in 2005, dozens of investors said “No.”
He was trying to sell them on the idea of a high-powered analysis platform that could scan multiple databases simultaneously— a tool that government officials and corporations could use to tackle complex problems.
“Enterprise is a dirty word and that’s the business we’re in, and government… → Read More
Xignite, a San Mateo, CA-based provider of on-demand financial market data, today announced a couple of new customers that are working on interesting things, including micro-blogging information service StockTwits and iPhone app developer Turing Studios.
Customer wins are one thing, but Xignite has a pretty interesting model, has attracted millions in venture capital funding, boasts an impressive… → Read More