The summer investment slowdown arrived this year with the warm weather, as it does most [...]Continue
Joe Lonsdale, the co-founder of Palantir and a founding member of Formation 8, came under fire Thursday as news of a sexual assault and harassment suit became public. According to a story on Tech Crunch, the suit was filed last month in U.S. District Court in San Francisco by former Formation 8 intern and Stanford University student Elise Clougherty.Continue
A major increase in cyber security innovation – coupled with a growing number of lucrative [...]Continue
Call them the cream of the venture crop, the 472 high flying U.S.-based companies with [...]Continue
Seven-year-old Founders Fund isn’t a typical venture firm. It thinks Monday meetings are for suckers. It recoils from the idea that it should help startups do their hiring. (That’s a core function of a startup, as far as the firm is concerned.) Meanwhile, its billionaire co-founder, Peter Thiel, whose ambition is funding startups with the […]Continue
Palantir Technologies, a Palo Alto, Calif.-based developer of analytics platforms for financial and intelligence clients, has raised $90 million in Series D funding at a $735 million valuation, according to TechCrunch.
Existing shareholder The Founders Fund led the round, and was joined by Youniversity Ventures, Glynn Capital, Ulu Ventures, Jeremy Stoppleman and Ben Ling. No mention of existing shareholders In-Q-Tel or Reed Elsevier Ventures.
The company previously raised around $82 million.Continue