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Californian Palantir with a valuation of $ 20 billion became the fourth most capitalized startup in the world

California company Palantir Technologies put up for sale shares worth $ 500 million. Bail out was only $ 450 million. The deal was organized by Morgan Stanley and SF Sentry Securities .

In the previous round, which took place at the end of 2014, the company received a billion dollars. Investors were the US-controlled venture capital company In-Q-Tel , as well as the Founders Fund and Tiger Global Management funds, which also invested in Russian companies, Yandex and Mail.ru Group. Six months ago, the Palantir valuation was $ 15 billion, Forbes reports .

The company has existed for 11 years and fulfills the orders of government structures and analysts from Wall Street. Palantir releases software products for analyzing the relationship between objects in large data arrays (phone numbers, bank records, lists of friends in social networks, photos of license plates on cars, and so on).
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According to USAspending.gov , since 2009, the FBI, the Department of Defense and the US Department of Homeland Security have paid for the company's services for a total of $ 215 million. Also the company's customers are banks, insurance, medical, trading, oil and gas companies.

After the sale of shares Palantir valuation was $ 20 billion. The company has become the fourth most capitalized startup in the world. Palantir is inferior to Snapchat , Uber , and Airbnb .

Source: https://habr.com/ru/post/293034/


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