Palantir Technologies, a US-based developer of analytics platforms for financial and intelligence clients investigating terrorist networks, has raised $90m in its series D round at a $735m valuation, according to news provider TechCrunch.
Existing shareholder Founders Fund led the round, and was joined by US-based venture capital firms Youniversity Ventures, which primarily backs students and first-time entrepreneurs, Glynn Capital Management, Ulu Ventures, Jeremy Stoppleman and Ben Ling.
US government-backed venture fund In-Q-Tel and Reed Elsevier Ventures, the corporate venturing arm of Anglo-Dutch publisher Reed Elsevier, had led Palantir’s $34.9m series C round in November. The company previously raised about $45m.