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Palantir stock

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As Palantir IPO Date Approaches, Here's What Investors Need to Know

By , Associate Editor, Money Morning • @KyleAndersonMM -

Tech

The Palantir IPO could happen in 2016. As anticipation builds, one of the questions we keep hearing from investors is, "What is Palantir?"

News last week that Palantir had raised $450 million in private funding only stoked investors' excitement. That's because the company is now valued at $20 billion after raising a total of $1.5 billion.

So exactly what is Palantir? Here's your full answer...