whats known and unknown

Palantir: The worst-kept $9B secret in Silicon Valley

on December 6, 2013


Businessweek is reporting that “secretive” data-analysis company Palantir is raising another $100-million-plus round of funding (which would put it above $700 million total) at a $9 billion valuation. This comes just several weeks after the company raised $196 million in capital at what Businessweek claims was a $6 billion valuation. That’s a lot of money, but Palantir’s business — and real estate investments — require it.

I say “secretive,” because although there is an aura of mystery around the company, its customer base — most notably a goodly number of intelligence, law enforcement and banking institutions — is probably among its biggest secrets. CEO Alex Karp was the subject of an in-depth profile in Forbes earlier this year, and has been interviewed on television by Charlie Rose. The company is an omnipresent figure in Palo Alto, too, buying up building after building downtown, some staffed with their own roving…

View original post 415 more words


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: