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Peter Thiel's Palantir Makes a Big Splash in Europe

Bloomberg Videos
Updated

Feb.24 -- Palantir Technologies, the data mining company named after the all-seeing stone from the Lord of the Rings, likes to apply J.R.R. Tolkien references to many aspects of its business. The name of its London office is Grey Havens, a major strategic port in the fantasy trilogy’s Middle Earth setting. It’s an apt moniker since the U.K. capital has become a vital hub driving growth of the $20 billion startup. Palantir has roughly tripled annual revenue from Europe over the past three years, said Alex Karp, the CEO who started the company with billionaire Peter Thiel. Bloomberg's Lizette Chapman has more on "Bloomberg Markets."