According to a filing to the US Securities and Exchange Commission, Palantir Technologies, Inc has raised close to USD196.5 million for its growth capital.
The American computer software and services company, who counts US government agencies the National Security Agency (NSA), Federal Bureau of Investigation (FBI) and Central Intelligence Agency (CIA) as its clients, refused to disclose who its new investors were from its latest funding. This was according to Palantir media and government relations executive Lisa Gordon. A source who is close to the software company told Techcrunch said that the funding round has not been closed. The filing also showed that Morgan Stanley has been managing the funding round.
Forbes newsmagazine reported earlier last month that the funding round would put Palantir's company value in the USD5 billion to USD8 billion range.
Palantir, Paypal co-founder Peter Thiel's brainchild, was put together by Current CEO Alex Karp, Joe Lonsdale, chief technology officer Nathan Gettings and Stephen Cohen in 2004. The company's software is being used as a platform for government agencies in their analysis in managing war against drug trafficking and terrorism.
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