Palantir raises an additional $20M

techcrunch.com

2 pointsnappy4 comments

SEC filing:

https://www.sec.gov/Archives/edgar/data/1321655/000132165516...

Any idea why they would raise such a (relatively) small amount of money?

Especially when they did a $225M stock buybacks from employees in May.

http://www.businessinsider.com/palantir-employee-stock-buyba...

Interesting. I didn't realize they were doing this. This suggests to me they simply had an investor they really wanted on the cap table. Or perhaps they wanted a current shareholder to have a greater relative ownership of the company?

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