Palantir Technologies, the big data analytics company funded in part by the CIA’s venture capital arm, is expanding to Seattle, with plans to open an engineering office in the Pioneer Square area as early as next month.
The company, based in Palo Alto, Calif. is already advertising an open software engineering position based in Seattle, and real estate sources say Palantir has signed a lease for space just north of CenturyLink Field in the historic Seattle neighborhood. Palantir didn’t respond to our inquiry this week, so the expected size and focus of the new office aren’t clear.
Palantir, led by CEO Alex Karp, develops technologies used by a wide variety of governmental agencies and large companies to glean insights from large sets of data. Palantir made its mark developing big data solutions for the U.S. intelligence community and has since expanded into corporate work.
Responsibilities listed in the Seattle engineering job post include “prototyping new products for globally impactful institutions” and developing “data integrations, customization to the Palantir platform and entirely new services as part of your regular work.”
According to the New York Times, the privately held company was expected to bring in close to $1 billion in revenue last year. Palantir has raised $900 million in funding, with the latest round valuing the company at $9 billion.
The new outpost joins a parade of engineering offices established in the Seattle region by Silicon Valley-based tech companies, including Facebook, Dropbox, Google, Apple and many others. SpaceX, based in Southern California, is also establishing a major new office in Redmond.