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 offers a high-powered analysis platform. Palantir Government and Palantir Finance both integrate, visualize, and analyze information in these sectors. The company analyzes a variety of data including structured, unstructured, relational, temporal, and geospatial content. The virtue of of Palantir is that it accepts huge databases and allows users to slice and dice this information.

SEAGATE TECHNOLOGY SCIENTIFIC GAMES SANDISK