Palantir said to seek funding on private market, delay IPO

(Sept 6): Palantir Technologies Inc is in talks to raise significant funding from private investors, a move that could indefinitely delay one of Silicon Valley’s most hotly anticipated initial public offerings, according to people familiar with the company.

The secretive data mining company approached Singapore’s Temasek Holdings, SoftBank Group Corp. and other investors outside the US according to people with knowledge of the situation, all of whom asked not to be identified discussing private information. Talks are ongoing and no deal has been reached.