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S.E.C. filing dated December 23, 2015 indicates it raised an additional $200 million, bringing the total for this round to $879,8 million. The securities offering was conducted in California and New York. Morgan Stanley & Co. LLC and SF Sentry Securities, Inc. are listed as the brokers in the deal. Founded in 2004, Palantir, which is considered Silicon Valley’s most secretive company, does highly confidential work for U.S. defense and intelligence agencies. Its data mining system, which uses algorithms to search for patterns and connections, helped the U.S. government track down al Qaeda leader Osama bin Laden. The company’s large staff of consultants also work with large businesses, police departments, banks and branches of the U.S. military. Palantir has raised close to $2 billion through 18 funding rounds. Its valuation earlier this month reached $20 billion, up from $15 billion in late 2014, making it the fourth-highest-valued, venture-backed private tech company in the world. The company has bucked growing skepticism among late-stage investors about plowing millions into highly valuable companies. Other “unicorns,” or venture-backed companies ostensibly worth $1 billion or more, have watched their valuations come under heightened scrutiny. Palantir’s strong government ties and an annual revenue estimated by some at more about $1 billion likely set it apart from other cash-burning startups. The company was co-founded by Peter Thiel and Joe Lonsdale, two of Silicon Valley’s more influential investors and entrepreneurs. “Some argue that society must “balance” freedom and safety, and that in order to better protect ourselves from those who would do us harm, we have to give up some of our liberties,” says Palantir. “We believe that this is a false choice in many areas. Particularly in the world of data analysis, liberty does not have to be sacrificed to enhance security. Palantir is constantly looking for ways to protect privacy and individual liberty through its technology while enabling the powerful analysis necessary to generate the actionable intelligence that our law enforcement and intelligence agencies need to fulfill their missions.” Palantir’s position is that “privacy and civil liberties-protective capabilities should be “baked in” to technology from the start rather than grafted onto it later as an afterthought. By seamlessly integrating these features into our software, we reduce user friction that might otherwise create incentives to try to work around these protections. With the right engineering, the technologies that protect against data misuse and abuse can be the same technologies that enable powerful data analysis.” Palantir Technologies is a mission-driven company, and a core component of that mission is protecting fundamental rights to privacy and civil liberties. Since its inception, Palantir has invested its intellectual and financial capital in engineering technology that can be used to solve the world’s hardest problems while simultaneously protecting individual liberty. Robust privacy and civil liberties protections are essential to building public confidence in the management of data, and thus are an essential part of any information system that uses Palantir software.]]>