In-Q-Tel is the little-known non-profit organization—funded by the Central Intelligence Agency, and thus every American citizen—that is making big waves in Silicon Valley. According to In-Q-Tel’s mission, the organization invests in “new and emerging commercial technologies that have the potential to give the CIA and broader U.S. Intelligence Community (IC) mission-advantage today and in the future.”
In-Q-Tel says that: “as a strategic partner for the intelligence community, we understand complex customer requirements, and we constantly survey the leading edge of the commercial marketplace in order to identify, adapt, and deliver technology solutions to our customers. We currently concentrate our engagements in two broad technology practice areas of interest to our customers: Information and Communication Technologies Physical and Biological Technologies.”
As VentureBeat articulated yesterday, “the hottest enterprise startups will take investment from In-Q-Tel, regardless of whether or not they need the cash.” And while “it’s an ego boost to get a phone call from In-Q-Tel…more importantly, it’s a direct path to major government customers. In-Q-Tel has had its hands in virtually every enterprise success story, and has invested in a lot of the technology we use in our daily lives.”
So it should come as no surprise that dozens of the 100 or so startups in In-Q-Tel’s portfolio have been acquired by companies like Google, IBM, Microsoft, Symantec, Informatica, EMC, CA, Oracle, and others. And some of the startups handpicked by In-Q-Tel to service federal government agencies are Under the Radar alumni.
For example: Cloudant (UTR ’10 alumni) provides developers of large or fast-growing web and mobile applications with the world’s first globally distributed “data layer as a service” for loading, storing, analyzing, and distributing application data. And Delphix (UTR ’10 alumni) enables agile data, transforming the economics of database and application management. Delphix software addresses the single largest source of inefficiency and inflexibility in the modern data center — provisioning, managing refreshing, and recovering databases for business-critical applications.
The question becomes: which next-generation Under the Radar 2013 technologies will be picked up by In-Q-Tel—and will you be there to witness their first entrée into the marketplace?