TOKYO -- Palantir Technologies, a U.S. big-data management company valued at more than $12 billion, is open for business in Japan as early as this year as it reportedly seeks fresh financing from investors, including Japan's SoftBank Group.
Co-founded by billionaire investor Peter Thiel in 2004, the company recently opened an office in Tokyo and began hiring local engineers. Palantir will test its Foundry enterprise software with Japanese companies for several months before offering it commercially. The company's target clients include big automakers and banks.
