palantir technologies

  • U.S. Department of Labor sues Palantir for racial discrimination

    U.S. Department of Labor sues Palantir for racial discrimination

    The U.S. Department of Labor is suing Palantir Technologies, the software and data analysis company contracted by the federal government, for alleged racial discrimination against Asian people in its hiring and selection processes. The aim of the lawsuit is to put an end to Palantir‘s alleged discriminatory hiring practices, according to a release the Department of Labor put out today. Read More

  • Palantir acquires data visualization startup Silk

    Palantir acquires data visualization startup Silk

    Silk‘s co-founder and CEO, Salar al Khafaji, announced today that private data analytics unicorn Palantir would be acquiring the company. The transaction appears to be an acqui-hire, with members of the Silk team directly joining Palantir in new roles. Founded in 2010, Silk helps data journalists, activists, NGOs and businesses produce data visualizations in the cloud without the need… Read More

  • Palantir Has Raised $880 Million At A $20 Billion Valuation

    Palantir Has Raised $880 Million At A $20 Billion Valuation

    Palantir, the data analytics platform used by government agencies and law enforcement pocketed $880 million in new funding, according to a filing from the Securities and Exchange Commission out today. This latest round of funding is part of an earlier $679.8 million raised so far, according to an updated version of the SEC filing. Palantir began raising the round in July, according to the filing. Read More

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

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

    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. Read More

  • Formation 8 And Palantir Founder Joe Lonsdale Named In Sexual Assault Lawsuit

    Joe Lonsdale, the technology executive best known as the co-founder of Palantir and a partner of venture capital firm Formation 8, has been accused of sexual assault, sexual harassment, and other charges in a civil lawsuit filed this week in San Francisco. Formation 8 is also named as a defendant in the suit. Reached today for comment, Lonsdale categorically denied all of the claims and said he… Read More

  • SEC Watch: Palantir Technologies Raises $50 Million In New Funding

    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… Read More

  • Palantir: The Next Billion-Dollar Company Raises $90 Million

    Palantir: The Next Billion-Dollar Company Raises $90 Million

    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… Read More

  • Realtime Money Flows: Xignite Supplies On-Demand Financial Market Data

    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… Read More