CIA invests in start-ups. The payoff? Technology

Thursday, 4 March 2004, 1:46 PM EST

That's right: The CIA is investing in tech start-ups. At a time when the CIA has come under fire for intelligence lapses, In-Q-Tel offers a promising path to technology that might help the agency spot trouble sooner and make fewer errors.

In-Q-Tel, set up in 1999, invests about $35 million a year in young companies creating technology that might improve the ability of the United States to spy on its nemeses. It has kept a low profile and is not much known outside of the intelligence community and Silicon Valley.

By Kevin Maney at USA Today.

[ Read more ]




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