Palantir, a Silicon Valley Start-Up, Raises Another $880 Million - The New York Times

Succinctly summarized

"Palantir specializes in so-called intelligence augmentation, or I.A., which is a way to help experts find meaningful patterns among large amounts of data. In the case of intelligence, for example, this might mean using bank records and cellphone calls to build a profile of a terrorist cell.

Peter Thiel, another of Palantir’s founders as well as an investor in the company, was also an early investor in Facebook. He has described Facebook as a way to expose networks of people who want to be seen, and Palantir as a way to show networks of people who do not want to be seen."

Palantir, a Silicon Valley Start-Up, Raises Another $880 Million - The New York Times