Silk‘s co-founder and CEO, Salar al Khafaji, announced currently that personal info analytics unicorn Palantir would be obtaining the corporation. The transaction seems to be an acqui-retain the services of, with members of the Silk workforce directly signing up for Palantir in new roles. Established in 2010, Silk allows info journalists, activists, NGOs and businesses make info visualizations in the cloud with no the require for elaborate application and programming awareness. “Silk.co as a system will go on to operate,” mentioned Khafaji in a web site write-up. “Nothing will alter to present Silks, and you can still build a new Silk for cost-free.” The Silk workforce noted that it was willing to transition to function on “even even bigger and a lot more essential info difficulties,” signaling that the offer is probably not indicative of any new buyer pivot for Palantir. The $20 billion Palantir produces data analytics methods for the U.S. govt to assist in counterterrorism, as nicely as a system for the economic services industry to assistance fraud detection. Silk raised three modest incremental rounds of financing totaling $three.sixty six million from NEA and other individuals between 2011 and 2013. As a consequence of today’s announced transaction, there will not be everyone still left to operate the Silk system, amidst assurances that all Silk info will keep on being secure and proprietary. “Silk.co will operate ‘as is’ and we will not be in a position to provide specialized or buyer assistance to new or existing Silk accounts any lengthier, nor will we be accomplishing any even more enhancement function or incorporating new features to the hosted Silk.co merchandise.” We have achieved out to both equally Khafaji and the Palantir workforce and will update this write-up with responses when we get them.
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Silk‘s co-founder and CEO, Salar al Khafaji, announced currently that personal info analytics unicorn Palantir would be obtaining the corporation. The transaction seems to be an acqui-retain the services of, with members of the Silk workforce directly signing up for Palantir in new roles. Established in 2010, Silk allows info journalists, activists, NGOs and businesses make info visualizations in the cloud with no the require for elaborate application and programming awareness. “Silk.co as a system will go on to operate,” mentioned Khafaji in a web site write-up. “Nothing will alter to present Silks, and you can still build a new Silk for cost-free.” The Silk workforce noted that it was willing to transition to function on “even even bigger and a lot more essential info difficulties,” signaling that the offer is probably not indicative of any new buyer pivot for Palantir. The $20 billion Palantir produces data analytics methods for the U.S. govt to assist in counterterrorism, as nicely as a system for the economic services industry to assistance fraud detection. Silk raised three modest incremental rounds of financing totaling $three.sixty six million from NEA and other individuals between 2011 and 2013. As a consequence of today’s announced transaction, there will not be everyone still left to operate the Silk system, amidst assurances that all Silk info will keep on being secure and proprietary. “Silk.co will operate ‘as is’ and we will not be in a position to provide specialized or buyer assistance to new or existing Silk accounts any lengthier, nor will we be accomplishing any even more enhancement function or incorporating new features to the hosted Silk.co merchandise.” We have achieved out to both equally Khafaji and the Palantir workforce and will update this write-up with responses when we get them.
Silk‘s co-founder and CEO, Salar al Khafaji, announced currently that personal info analytics unicorn Palantir would be obtaining the corporation.
The transaction seems to be an acqui-retain the services of, with members of the Silk workforce directly signing up for Palantir in new roles. Established in 2010, Silk allows info journalists, activists, NGOs and businesses make info visualizations in the cloud with no the require for elaborate application and programming awareness.
“Silk.co as a system will go on to operate,” mentioned Khafaji in a web site write-up. “Nothing will alter to present Silks, and you can still build a new Silk for cost-free.”
The Silk workforce noted that it was willing to transition to function on “even even bigger and a lot more essential info difficulties,” signaling that the offer is probably not indicative of any new buyer pivot for Palantir. The $20 billion Palantir produces data analytics methods for the U.S. govt to assist in counterterrorism, as nicely as a system for the economic services industry to assistance fraud detection.
Silk raised three modest incremental rounds of financing totaling $three.sixty six million from NEA and other individuals between 2011 and 2013.
As a consequence of today’s announced transaction, there will not be everyone still left to operate the Silk system, amidst assurances that all Silk info will keep on being secure and proprietary.
“Silk.co will operate ‘as is’ and we will not be in a position to provide specialized or buyer assistance to new or existing Silk accounts any lengthier, nor will we be accomplishing any even more enhancement function or incorporating new features to the hosted Silk.co merchandise.”
We have achieved out to both equally Khafaji and the Palantir workforce and will update this write-up with responses when we get them.