Tagged: visualization

Palantir Technologies re-opened its offering to place $125 million more


Change: offered +23% / raised +23% / placed 100%
XDATA – December 9th 2015
Palantir Technologies re-opened and closed its unregistered equity offering after increasing the placement’s size from $554.83 million to $679.83 million. The offer closed after the company raised $125 million from one additional investor within one month. At closing, a total of seven investors had subscribed to Palantir Technologies‘ offering. The private placement’s expected net proceeds amounts to $647.83 million which excludes $32 million paid in brokerage fees. The company closed fifteen unregistered private placements which raised an estimated $1.15 billion.
Palantir Technologies markets and develops big data analytics platforms. The company’s Gotham product allows enterprise to integrate, manage, secure, analyze and visualize all their data. The Metropolis product is designed to integrate, enrich, model, and analyze any kind of quantitative data. Financial backers include Founders Fund, InQTel, ULU Ventures, Glynn Capital Management and Reed Elsevier Ventures.
The company is headquartered in Palo Alto CA. Palantir Technologies elected to keep its revenues undisclosed.
The executive team includes Alexander Karp, Colin Anderson and Stephen Cohen.
The board of directors includes Adam Ross and Peter Thiel.

The company has raised an estimated total of $1.83 billion via private unregistered security offerings.

Offering recap
Status: Completed
Company: Palantir Technologies
Industry: Other Technology
Amount offered: $679.83 million
Amount placed: $679.83 million
SEC filing: Source
First sale: 07-08-2015
Data as of: 12-09-2015

3D augmented reality OS developer Atheer Labs closes a major financing round


atheer labsMaybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here. You can find the story and many more on qbeats as well.

For more information visit www.XDATA.co

Foundry Group backed Oblong closed a substantial financing round

Palantir Technologies filed $165.12 million in additional commitments


Change: offered +59% / raised +59% / placed 100%

XDATA – September 12th 2014

palentirIn a document filed with the SEC, Palantir Technologies reported placing an additional $165.12 million worth of equity securities. The company had previously disclosed raising $279.07 million. So far a total of fifty-three investors acquired $444.18 million worth of securities. The private placement’s expected net proceeds amounts to $424.18 million which excludes $20 million paid in brokerage fees. The offering is structured to close in the last couple of months at the latest. It was filed under security registration exemption rule 506 for which there is no fundraising cap. The company closed twelve unregistered private placements which raised an estimated $660.63 million. The $50 million financing round amount published by Fortune’s Dan Primack (444-(279+111)=54), shows how difficult it is to relate Form D’s amendments to one another and their original filing, even by tenured professionals as Mr. Primack.

Palantir Technologies develops and markets big data analytics platforms. The company’s Gotham product allows enterprise to integrate, manage, secure, analyze and visualize all their data. The Metropolis product is designed to integrate, enrich, model, and analyze any kind of quantitative data.

The company is headquartered in Palo Alto CA. Palantir Technologies elected to keep its revenues undisclosed.
The executive team includes Alexander Karp, Colin Anderson, Nathan Gettings and Stephen Cohen.
The board of directors includes Peter Thiel.

The company has raised an estimated total of $1.1 billion via private unregistered security offerings.

Here is for the research:
Based on the info disclosed to the SEC, about $165 million worth of equity securities was issued (it may include a portion related to conversion of debt into equity but it is not specified in the filing). It was filed under registration exemption rule 506 for which there is no fundraising cap, the offering’s date of first sale is 11/20/13. The doc is an amendment to amendment doc 000132165514000002 (filed 02/02/14) which reported $279 million issued. 444-279=165. The original filing of this offering is 000132165513000003 (filed 12/05/13) which reported $57.5 million issued.
The $111 million disclosed also on 02/02/14 (000132165514000001) are not related to this present offering and were sold on 06/28/13., it points to original filing 000132165513000001 filed 06/28/13.

Offering recap
Status: On-going
Company: Palantir Technologies
Industry: Other Technology
Amount offered: $444.18 million
Amount placed: $444.18 million
First sale: 11-20-2013
Data as of: 09-12-2014

For more information visit www.XDATA.co

Late filer Cannonball Projects disclosed reaching its $650,000 fundraising target


cannonball projectsAccording to information filed with the SEC, two investors participated a few months ago to late filer Cannonball Projects‘s equity fundraising. The non-brokered private placement was fully subscribed and raised $650,000. Two previous unregistered financing rounds raised an estimated $35,000.

Cannonball Projects develops and markets a mobile phone visualization application (app) that organizes social media content in a calendar format.

The company is headquartered in New York NY. Cannonball Projects elected to keep its revenues undisclosed.
The executive team includes Gordon Ebanks and Ryan Matthew Gyure.

The company has raised an estimated total of $685,000 via private unregistered security offerings.

Offering recap
Status: Completed
Company: Cannonball Projects
Industry: Other Technology
Amount offered: $650,000
Amount placed: $650,000
First sale: 02-07-2014
Data as of: 06-02-2014

First close initiated by 3D Data after raising 33% of its $750,000 target


3D dataOne investor bought $250,000 worth of mezzanine securities from 3D Data today. According to the data disclosed, the company expects to raise a total of $750,000 via this non-brokered financing. The offering will remain open until June 2015 while an additional $500,000 worth of securities is sold to investors. The mezzanine offering’s expected net proceeds will amount to $670,000 which excludes $80,000 to be paid toward officers’ salaries. Unregistered securities don’t appear to have been previously sold by the company.

3D Data designs and develops an application (app) that is converting sensor generated data into 3D spacial information. The company is in stealth mode.

Matthew Cabrera (CEO) leads the Quincy MA based company which was registered in 2013. 3D Data disclosed having revenues on or below $1 million.
The executive team includes Christopher Fitzhugh.

Offering recap
Status: First close
Company: 3D Data
Industry: Other Technology
Amount offered: $750,000
Amount placed: $250,000
First sale: 06-02-2014
Data as of: 06-02-2014

Sense reached the $981,000 mark raised via its mezzanine financing


Change: offered +0% / raised +63% / placed 89%

sense incSense disclosed having increased subscription by 63% on its $1.1 million mezzanine financing. An additional $381,000 worth of securities was placed by the company with four investors since the company last released data on April 3rd. This brings to $981,000 the amount raised from the twelve backers who subscribed to the offering. The subscription is structured to close once the 11% left is fully subscribed or in about a year at the latest. This is the first time securities are issued by Sense under a registration exemption.

The company is developing a collaborative cloud-based platform for data science and big data analytics. The platform is currently in beta and free to use. Planned pricing will go from $19 per month for a simple individual plan to $2499 per month for enterprise grade accounts.

Tristan Zajonc (President) leads the San Francisco CA based company which was registered in 2012. Sense kept its revenues undisclosed.

Offering recap
Status: Intermediary close
Company: Sense
Industry: Other Technology
Amount offered: $1.1 million
Amount placed: $981,000
First sale: 03-19-2014
Data as of: 04-21-2014

HealthCare analytics for employers placed 80% of its equity offering


ArtemisA first close of $795,000 was initiated on December 26th 2013 by GDD HCAnalytics on its fundraising effort. The company, which is marketing its healthcare analytics tool as Artemis, is named after its founders Gordon Grant, Allred Dallen, and Regehr Dallin. 80% of the $1 million non-brokered equity offering was subscribed by nine investors, one of whom is believed to be the startup accelerator Blueprint health. This is the first time the company, founded in March 2013, is raising money on the private placement market.

Artemis is a Software as a Service (SaaS) platform which combines big data and data visualizations to guide benefits managers directly to the insights that will save them the most money. The company claims about 9% of healthcare cost can be saved using its platform. Its target audience is self-insured employers who want to reduce healthcare spending by turning their health claims and assessment data into insights. The healthtech company had anticipated to have 350,000 lives on the platform by the end of 2013. Artemis is offered via an annual SaaS licence fee that ranges between $50,000 to $150,000 depending on the size of the company.

The company was previously headquartered in Provo UT and has relocated to New York City according to its website. Revenues were not disclosed. The executive team includes Grant Gordon (Product Development), Dallin P. Regehr (CTO), and Allred Dallen (Business Development).

Offering recap
Status: First close
Company: GDD HCAnalytics
Industry: Other Technology
Amount offered: $1 million
Amount placed: $795,000
First sale: 12/26/13