In-Q-Tel was formed by the CIA in 1999 as a private, not-for-profit venture capital firm with the specific task of delivering technology to America’s intelligence community. Publicly, In-Q-Tel markets itself as an innovative way to leverage the power of the private sector by identifying key emerging technologies and providing companies with the funding to bring those technologies to market. In reality, however, what In-Q-Tel represents is a dangerous blurring of the lines between the public and private sectors in a way that makes it difficult to tell where the American intelligence community ends and the IT sector begins.
In-Q-Tel has generated a number of stories since its inception based on what can only be described as the “creepiness” factor of its investments in overtly Orwellian technologies.
This is our EyeOpener Report by James Corbett presenting documented facts and cases on the CIA’s privately owned venture capital firm In-Q-Tel, in which well-connected board members drawn from the private sector profit from the investments made with CIA funds that come from the taxpayer.