Palantir Technologies Raises $70 Million In Series F

Posted Oct 6, 2011

Palantir Technologies has raised $70 million in Series F funding. Palantir’s total funding is now roughly $200 million. The valuation of the company is now around $2.5 billion. Two unnamed hedge funds participated in this round of funding.

Palantir is a data analysis company that focuses on structured, unstructured, relational, temporal, and geospatial content. Palantir can accept huge databases and filter the information. Palantir’s technology has been used by several government agencies including the FBI. Palantir also has a major deal with JP Morgan Chase.