In-Q-Tel

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In-Q-Tel

Type	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]
Products	Investments
Revenue	Not-for-profit corporation
Website	http://www.in-q-tel.com/

In-Q-Tel of Arlington, Virginia, United States is a not-for-profit venture capital firm that invests in high-tech companies for the sole purpose of keeping the Central Intelligence Agency equipped with the latest in information technology in support of United States intelligence capability.^[4] Originally named Peleus and known as In-Q-It, In-Q-Tel was launched in 1999 under the direction of Gilman Louie.^[4] 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 & materials sciences.

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

As of August 2006, In-Q-Tel had reviewed more than 5800 business plans, invested some $150 million in more than 90 companies, and delivered more than 130 technology solutions to the intelligence community.^[4]^[6]

1 Selected Investments
2 Notable personnel
3 Governance
4 References
5 External links

[edit] Selected Investments

Of those companies listed on In-Q-Tel's investment website page,^[7] Hoover's company records identifies the following companies as being selected investments of In-Q-Tel:^[4]

A4Vision
Agent Logic
ArcSight
Attensity
Basis Technology
Bay Microsystems
CallMiner
Cambrios Technology
Convera
Decru
Dust Networks
Electro Energy, Inc.
Endeca

Fluidigm
IatroQuest
Intelliseek Inc.
Inxight
Keyhole, Inc
Kofax
Language Weaver
MetaCarta
MetricStream
Nanosys
Network Chemistry
NovoDynamics
Paratek

piXlogic
Qynergy
Rosum
Seahawk Biosystems
Soflinx
Spotfire
Stratify, Inc.
SRD, Inc.
Tacit Software
Traction Software
Visual Sciences
Wispry

[edit] Notable personnel

People involved at various times with In-Q-Tel:

Norman R. Augustine
Amit Yoran
John Seely Brown
Michael Crow
Stephen Friedman
Paul Kaminsky
Jeong Kim
Paul McMahon
William Perry
Alex J. Mandl
Christopher A.R. Darby
Craig Goss
Rob Painter – former Director for Technology Assessment; left to become Senior Federal Sales Manager at Google.

[edit] Governance

The organisation is bound by a Charter agreement with the CIA, which sets out the relationship between the two organizations, and by an annual contract with the CIA. In-Q-Tel is not part of the CIA and is not a government agency.