Peter Thiel’s Palantir Spreads Its Tentacles Throughout Europe
The $20 billion data mining startup tripled revenue in Europe and plans to keep expanding there.
Peter Thiel's Palantir Makes a Big Splash in Europe
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Palantir Technologies Inc., the data mining company named after the all-seeing stone from the Lord of the Rings, likes to apply J.R.R. Tolkien references to many aspects of its business. The name of its London office is Grey Havens, a major strategic port in the fantasy trilogy’s Middle Earth setting.
It’s an apt moniker since the U.K. capital has become a vital hub driving growth of the $20 billion startup. Palantir has roughly tripled annual revenue from Europe over the past three years, said Alex Karp, the chief executive officer who started the company with billionaire Peter Thiel.