in-q-tel

Report: Google, CIA fund predictive analytics firm

Google Ventures and In-Q-Tel, the investment arm of the CIA, have provided funding to a company that monitors all the noise on the Web looking for connections between people, groups, and events, according to Wired.

The company, Recorded Future, offers a Temporal Analytics Engine for predictive analysis, allowing people to "visualize the future, past, or present."

In addition, In-Q-Tel and Google Ventures both have seats on the board Recorded Future and have been "very helpful," providing advice to the Cambridge, Mass.-based start-up, Chief Executive Christopher Ahlberg, an ex-Swedish Army ranger, told Wired in an articleRead more

CIA-backed group investing in lens start-up

LensVector, a Silicon Valley start-up working on new lens technology that rids mobile phones of moving parts, has secured new funding to tailor its products for a group with a particular interest in tiny cameras: the United States intelligence community.

Specifically, In-Q-Tel, the CIA-based organization that invests in technology companies, has funded the Mountain View, Calif.-based start-up, said LensVector Chief Executive Derek Proudian. In addition, LensVector also is being paid to develop specific products through the deal with IQT.

Proudian declined to reveal exactly how much money is involved in the new investment and development contract. However, he did … Read more

CIA to start spying on social media?

Visible Technologies, a company that monitors online social activity and packages the findings for clients, has forged a "strategic partnership" with In-Q-Tel, the CIA's not-for-profit investment arm, to give the organization insight into social media.

The deal was first reported on Monday by Wired.

According to Visible Technologies, In-Q-Tel is also investing in the company through a "technology development agreement." It did not release more details than that.

However, examining Visible Technologies' work may offer insight into what In-Q-Tel has in mind.

Visible Technologies, which is based in the Seattle area, provides services that allow … Read more

CIA invests in open-source enterprise search

If any organization needs to make sense of unstructured data it's the government--especially agencies like the CIA and other intelligence groups that comb through a myriad of disparate information on an hourly basis.

Last week, In-Q-Tel, the technology arm of the CIA, invested in Lucid Imagination, which provides support, maintenance, and add-on software for Apache Lucene and Solr. According to Lucid, the Lucene/Solr technology is downloaded more than 9,000 times per day, and more than 4,000 organizations are using the software for enterprise search.

I've wondered aloud quite a few times as to whether or not open-source projects (and specifically Apache projects) can turn into businesses or if they are simply the cogs and wheels that make other products function better (aka the Oracle syndrome).

I probably would have argued that enterprise search would fall into one of those no-man's lands where the technology is important but not quite a standalone business. There has been a huge amount of venture capital investment in search but few big winners in the category.

But the investment from In-Q-Tel adds some credence to the value of the function as well as the technology in the respect that the government is actually using the software and not just making an investment as we see in the venture capital world. Lucene and Solr are "sufficiently complex" open-source products that require a commercial entity to support ongoing efforts once they are adopted. This gives Lucid a legitimate shot at building a business. … Read more

CIA-launched fund invests in image sensor company

In-Q-Tel, a private investment firm launched by the CIA to support U.S. intelligence agencies, has invested in image sensor maker Pixim, the company said Wednesday.

The investment was part of a $15 million funding round announced in March that also included Tallwood Venture Capital, Ridgewood Capital and the Mayfield Fund.

Pixim sells digital image sensors and associated software used in surveillance cameras. The technology is geared to work in particular with difficult lighting conditions. The company's Orca chips are used in more than 100 camera models available today.

"In-Q-Tel invested in Pixim because it offers government and … Read more