Palantiri Systems

New York, United States Founded: 2008 • Age: 18 yrs Acquired By ThingWorx
Real-time M2M device connections are facilitated by cloud-based software.
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About Palantiri Systems

Palantiri Systems is a company based in New York (United States) founded in 2008 was acquired by ThingWorx in June 2011.. Palantiri Systems operates in a competitive market with competitors including Celeno, Memfault, Hara, Kii and Xyte, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ThingWorx

    (Jun 28, 2011)

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Funding Insights of Palantiri Systems

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Palantiri Systems

Palantiri Systems has secured backing from 1 investor. Prominent investors backing the company include ThingWorx. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

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Investor Description Founded Year Domain Location
Platform to build and run applications for connected devices
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Palantiri Systems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Palantiri Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Palantiri Systems Comparisons

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Competitors of Palantiri Systems

Palantiri Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Celeno, Memfault, Hara, Kii and Xyte, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides high performance WiFi chips and software
domain founded_year HQ Location
Embedded software patch management is delivered for consumer electronics devices.
domain founded_year HQ Location
Energy and sustainability management is facilitated via a cloud-based platform.
domain founded_year HQ Location
Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
domain founded_year HQ Location
Cloud-based servitization platform is provided for OEM connected devices.
domain founded_year HQ Location
Cloud-based platforms and devices for IoT remote applications are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Palantiri Systems

Frequently Asked Questions about Palantiri Systems

When was Palantiri Systems founded?

Palantiri Systems was founded in 2008.

Where is Palantiri Systems located?

Palantiri Systems is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Palantiri Systems do?

Founded in 2008 in New York, United States, Palantiri Systems operates in the machine-to-machine (M2M) software sector. A cloud-based platform is offered to support constant device connectivity and communication. The AlwaysOn product delivers messaging and infrastructure services, including chat-based diagnostics, monitoring, alarming, alerting, real-time bidirectional data access, data collection and visualization, as well as bidirectional file transfer and synchronization. The company was acquired by Thingworx.

Who are the top competitors of Palantiri Systems?

Palantiri Systems's top competitors include Memfault, Hara and Arch Systems.

Who are Palantiri Systems's investors?

Palantiri Systems has 1 investor. Key investors include ThingWorx.

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