Skip to content
Northwest Trail

Northwest Trail

  • Offshore Wind Energy Market Size Overview 2024 Business
  • Perspective From An Industry Analyst On The Animal Feed Additives Industry Health
  • Sound waves in piezoelectric materials guide electrons News
  • Dubai Marina
    Unveiling the Path to Mastering Value Investing in the UAE Finance
  • Unmanned Aircraft Systems Market Size 2023-2030 Automobile
  • IBM Plans Hourly Weather Forecast Around the World Internet
  • Harmful Drinking Linked to Teenage Anxiety Health
  • Importance Of Data And File Recovery Software Technology

Palantir Lifted Additional $20 Million

Posted on February 12, 2018 By PeterHardy

Palantir Lifted Additional $20 Million

Palantir Technologies, which is an American company based on big data, invested almost $20 Billion on government, healthcare, finance and other organizations with security, analytics and other management of data. And now, the company is said to have raised more $20 million.

This amount is more average to the company. In its previous round of fundraising, which took place in December 2017, the company settled at $880 Million. To date, the company has raised about $2 Billion plus with the help of its investors. These investors consists of 137 Ventures, Khazanah Nasional, Kortschak Investments, Founders Fund, GSV Ventures, Jeremy Stoppelman, REV, Sozo Ventures, Artis Ventures, Glynn Capital Management, Ben Ling, the CIA-supported fund In-Q-Tel, Keith Rabois, Mithril Capital, and Ulu Ventures. Current investors Inventus Capital Partners, IDG Ventures, and Nirvana Ventures also took part in the round.

See also  Regulator in UK Floki Inu crypto broke the law

Palantir has seen many ups and down while raising these $20 million. Also the company has never shown positive signs on talking about its business and activities. Hence we are not sure about what ups and downs did the company faced?

The recent news that was confirmed is: the company is planning an IPO which will happen in June-2018. Alex Karp, co-founder and CEO of the company, said that he will raise more fund in 2018 as company is likely to have more profit than previous.

See also  Analyzing the Managed Security Services Market Size, Share, Analysis, Trends, and Growth Forecast for 2032

The funds lifted will be spent in improving proprietary software, which processes and captures over 50 shopper information signals to fuel modified navigation, search, and product suggestions on e-commerce websites. Palantir will also commence new offices to be nearer to its users in New York and Chicago. Palantir lifted its whole-year adjusted profit forecast to a tune of $1.86 and $1.88 for each share to $1.84 for each share from $1.80 for each share.

See also  Caterpillar Feels The Pinch Of Trade War Between US And China

###

Business

Post navigation

Previous Post: OnePlus 5T Buyback Scheme Rolled Out In India
Next Post: Sony’s MDR-1000X Hits The Shelves

Related Posts

  • Caterpillar Feels The Pinch Of Trade War Between US And China Business
  • What Exactly Is Plastic Compounding And How Does It Work? Automobile
  • Samsung Smart TVs will now include Apple iTunes. Business
  • Global Automotive Composite Market
    Global Automotive Composite Market Insights Report 2022-2028 Automobile
  • Construction Materials Market: Trends, Analysis, and Future Outlook 2032 Business
  • Home Sleep Screening Devices Market Size Overview 2023-2030 Business
  • Automobile
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Internet
  • News
  • Sports
  • Technology
  • Uncategorized
  • Vacuum Belt Dryer Market Forecast: Strategic Insights and Future Trends 2032
  • Vegetable-Oil-Based Cutting Fluids Market Landscape: Trends, Innovations, and Projections 2032
  • Tooth Regeneration Market Dynamics: Key Drivers and Challenges 2024
  • Construction Materials Market: Trends, Analysis, and Future Outlook 2032
  • Offshore Wind Energy Market Size Overview 2024
  • Altimeters on airplanes that aren’t working cause a lot of problems, Wireless receivers will be regulated by the FCC Business
  • G20 Officials Call For Unified Action To Tax Leading Tech Companies Internet
  • Specialists of Many Areas Work at Chu Agency Business
  • The Next U.S. Moon Landing Program Will Be Managed by Private Companies News
  • The Environmental And Ecological Impact Of Oil Spills Is Expected To Continue To Rise In The Future Business
  • Microbes that eat seaweed were used to create sustainable plastics News
  • Cyber-Physical Systems Market Analysis 2022-2030 Business
  • Acid Reflux Treatments That Actually Work Health

Copyright © 2025 Northwest Trail.

Powered by PressBook News WordPress theme