Nick Noone has fallen on his face in front of thousands of people countless times. The son of a mechanic who moonlighted as a mural painter and a Montessori school teacher was a member of Stanford University’s men’s gymnastics team where he met his teammate and future cofounder, Ben Rudolph. Years later, after a stint at Palantir, Noone climbed into a Honda Accord with Rudolph and started cold-calling police chiefs to build a public safety platform for law enforcement.
That origin story is now Peregrine Technologies, a San Francisco-based AI data integration platform built from the back of a detective division in San Pablo, California. Peregrine raised $250 million in Series D funding at a $6.8 billion valuation, Fortune learned exclusively. The round was led by existing investors, including Fifth Down Capital, Sequoia Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, and Godfrey Capital.
