Palantir Said to Reach $15 Billion Value as It Seeks Fresh Funds
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Palantir Technologies Inc. raised money at a $15 billion valuation late last year and is now looking for more funding, according to people with knowledge of the situation, as the data-analysis software startup seeks to expand its business.
Palantir raised the money in late 2014 because investors were eager to invest, said one of the people with knowledge of the matter, who asked not to be identified because the details are private. The round totaled $500 million and was completed in November, said another person, who added that Palantir is currently raising even more financing.