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

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. That's a 50 percent increase from September, when Palantir was valued at $6 billion. However, Palantir's ability to cross-reference large sets of data is increasingly crucial as large caches of data become more and more common.

via Tech News Headlines - Yahoo! News http://www.theverge.com/2013/12/8/5188450/cia-big-data-miner-palantir-reportedly-worth-9-billion