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CIA-backed Palantir reportedly worth $9 billion, jumping 50 percent in two months

09
Dec
2013

Palantir, the big data miner that provides services to the FBI, CIA, and many Wall Street firms, is looking like a rocket ship these days. The company is expected to announced a new round of funding this week that will value the company at $9 billion, The Wall Street Journal reports. Thats a 50 percent increase from September, when Palantir was valued at $6 billion. However, Palantirs ability to cross-reference large sets of data is increasingly crucial as large caches of data become more and more common.

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