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Palantir is #1 in
Palantir builds software that connects data, technologies, humans and environments. Organizations have data. Lots of it. Structured data like log files, spreadsheets, and tables. Unstructured data like emails, documents, images, and videos. This data is typically stored in disconnected systems, where it is rapidly diversifying in type, exponentially increasing in volume, and becoming more difficult to use every day.
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Latest news about Palantir
2014. Business analytics provider Palantir raises $50 Million
Palantir, the prominent big data company, has secured an additional $50 million in funding. With a valuation of $9 billion, Palantir already holds a position as one of Silicon Valley's most valuable private technology firms, alongside others that have experienced substantial increases in their worth in recent times. Founded by entrepreneur Peter Thiel in 2004, Palantir initially focused on providing its software, capable of identifying patterns within extensive datasets, to government agencies such as the CIA and NSA. As the year comes to a close, the company anticipates surpassing $1 billion in revenue and is actively seeking to expand its customer base. It has successfully marketed its data analysis technology to Wall Street firms seeking fraud detection capabilities and pharmaceutical companies aiming to streamline drug development processes. Notably, Hershey has leveraged Palantir's tools to uncover connections between weather patterns and consumer behavior.
