Facebook – With friends like these

Facebook’s most recent round of funding was led by a company called
Greylock Venture Capital, who put in the sum of $27.5m. One of
Greylock’s senior partners is called Howard Cox, another former
chairman of the NVCA, who is also on the board of In-Q-Tel. What’s
In-Q-Tel? Well, believe it or not (and check out their website), this
is the venture-capital wing of the CIA. After 9/11, the US intelligence
community became so excited by the possibilities of new technology and
the innovations being made in the private sector, that in 1999 they set
up their own venture capital fund, In-Q-Tel, which "identifies and
partners with companies developing cutting-edge technologies to help
deliver these solutions to the Central Intelligence Agency and the
broader US Intelligence Community (IC) to further their missions".

via The Guardian

This entry was posted in Generale. Bookmark the permalink.