Relx-backed big data software provider Palantir is reportedly looking to raise between $1bn and $3bn and hike its valuation to as much as $30bn.
Palantir, the US-based big data software producer that counts analytics and information provider Relx as an investor, plans to raise new funding, Reuters reported on Friday, citing people familiar with the matter.
The company is seeking $1bn to $3bn at a valuation of $26bn to $30bn, a hefty increase from the $20.3bn valuation when it last disclosed funding in 2015. A report in February this year stated its employee stock options had been revised down to reflect a…
