Due to the nature of Palantir’s work with government agencies and law enforcement, the data analytics startup is one of the most-secretive companies in Silicon Valley, but we do know that it’s extremely popular with investors. According to an SEC filing on Wednesday, the startup has raised $880 million in new funding, which brings its total lifetime funding to $2.32 billion, and gives it a valuation of $20.33 billion. This puts it up there with Uber, Xiaomi, Airbnb, and Snapchat as one of the five most-valuable startups in the world. As I said before, most of the company’s inner workings are a secret, but we do know from leaks and piecing together bits of information that it does data analysis for numerous government organizations, including the CIA, FBI, and the Marine Corps.
This ultra-secretive startup just raised $880 million in new funding
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