Spy-tool sellers Palantir secure $200 million in funding amid surveillance scandal | End the Lie – Independent News

Spy-tool sellers Palantir secure $200 million in funding amid surveillance scandal | End the Lie – Independent News:

Selling spy products has never been easier: Palantir, a software company that has sold surveillance tools to the Central Intelligence Agency and other United States government offices, has raised almost $200 million in funds in under a month.

A Security and Exchange Commission filing dated last Friday revealed that Silicon Valley spy firm Palantir pulled in $196,500,204 from investors over what looks like a span of only a few weeks.

Forbes magazine profiled Palantir in an August 2013 cover story in which it was revealed that the company collected around $500 million through fundraising, according to CEO Alex Karp. Now less than a month later, the SEC filing dated Sept. 27 shows that an additional wave of investigating has increased the amount raised to almost three-quarters of a billion dollars.