In-Q-Tel

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In-Q-Tel

Type of Company	Privately held company
Genre	Technology research, Venture capital
Founded	29 September 1999
Founder	Norm Augustine^[1]
Headquarters	Arlington, VA^[2]
Key people	Gilman Louie, CEO, Various, Board of Trustees^[3]
Revenue	Not-for-profit corporation
Website	http://www.in-q-tel.com/

In-Q-Tel is the venture capital arm of the American Central Intelligence Agency. Launched in 1999 under the direction of Gilman Louie, In-Q-Tel’s mission is to identify and invest in companies developing cutting-edge technologies that serve United States national security interests. Working from an evolving strategic blueprint defining the Intelligence Community's critical technology needs, In-Q-Tel engages with entrepreneurs, growth companies, researchers, and venture capitalists to deliver technologies that provide superior capabilities for the CIA, DIA, NGA, and the larger Intelligence Community. In-Q-Tel concentrates on three broad commercial technology areas: software, infrastructure and materials sciences.

In-Q-Tel sold 5,636 shares of Google Inc., worth over $2.2 million, on Nov 15, 2005^[4]. The stocks were a result of Google’s acquisition of Keyhole, the CIA funded satellite mapping software now known as Google Earth.

According to its web site^[5], In-Q-Tel has reviewed more than 5800 business plans, engaged with more than 90 companies and delivered more than 130 technology solutions to the intelligence community. (as of August 2006).