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Palantir raises $50 million in new funding

September 12, 2014, 9:22 PM UTC

Palantir, the secretive big data company known for its relationships with the CIA and NSA, has raised more than $50 million in new venture capital funding, according to an SEC filing.

This brings the round total up to $444 million, as the Palo Alto, Calif.-based company appears to have held multiples closes since late last year. The most recent filings were this past February, which showed around $390 million raised. Some news reports suggested the round was being sold by placement agent Morgan Stanley with a $9 billion valuation.

Before that, Palantir had raised around $300 million.

Company shareholders include Founders Fund, the venture capital firm led by Palantir co-founder Peter Thiel.