The deal will also enhance Palantir’s ability to collect data for analysis and data sets that reside in silos.Following the deal, Kimono Labs announced that it will no longer offer support for its products and will be shot down its service on February 29, 2016, although users will have until March 31 to import their APIs.
|Image credit: Palantir Technologies|
Before its acquisition, Kimono Labs has secured $5 million in funding from Y Combinator, CrunchFund, High Line Venture Partners, Cowboy Ventures, Founders Fund, and numerous angel investors.
Founded in 2004 and based in Palo Alto, California, Palantir Technologies Inc. is a privately-held software and services company, specializing in data analysis. The company offers a suite of software applications for integrating, visualizing and analyzing information.
Palantir has two major software products: Palantir Gotham, which is used by counter-terrorism analysts at offices in the United States Intelligence Community, United States Department of Defense, fraud investigators at Recovery Accountability and Transparency Board, and cyber analyst at Information Warfare Monitor; and Palantir Metropolis, which is used by hedge funds, banks, and financial services firms.