Tag Archives: data mining

Weekly Featured Company: Palantir Technologies

FoundedHeadquartersSectorEmployeesRevenueTotal InvestmentRecent Investment
2004Palo Alto, CaliforniaSoftware & Services1,500$500m$950mUndisclosed
Software for saving the world

For Alex Karp, a big fan of “The Lord of the Rings” and CEO of Palantir Technologies, the world is the Shire and he and his team exist to save it. Palantir Technologies, Inc. is a software and services company specializing in data mining and analysis. What makes Palantir noteworthy is it has become the go-to company for data mining for intelligence and law enforcement purposes. Palantir has a team of engineers who will sift through their client’s massive amounts of data and transform it into an understandable structure that may help shed light upon big-scale criminal activities such as drug trafficking, human trafficking, fraud and terrorism. Among those using Palantir to connect the dots are the CIA, the NSA, the FBI, the US Marines, along with corporate customers like the Bank of America, JP Morgan & Chase, and Rupert Murdoch’s News Corp. Their software was also used by Bridgewater Associates and Hershey’s to help in investment decisions and increase profits. Valued at $9 billion, Palantir Technologies is one of the most valuable tech companies in the world.