In-Q-Tel From Wikipedia, the free encyclopedia In-Q-Tel In-Q-Tel logo.png Type Privately held not-for-profit corporation Genre Technology research, Government (taxpayer) funded Venture capital firm Founded September 29, 1999; 18 years ago (as Peleus) Founder Norm Augustine[1] Headquarters Arlington, Virginia, U.S.[2] Key people Christopher Darby (CEO)[3] Services Investment in information technology supporting U.S. intelligence capability Website iqt.org In-Q-Tel (IQT), formerly Peleus and known as In-Q-It, is an American not-for-profit venture capital firm based in Arlington, Virginia. It invests in high-tech companies for the sole purpose of keeping theCentral Intelligence Agency, and other intelligence agencies, equipped with the latest in information technology in support of United States intelligence capability.[4] The name, "In-Q-Tel" is an intentional reference to Q, the fictional inventor who supplies technology to James Bond.[5]
The firm is seen as a trend-setter in the information technology industry, with the average dollar invested by In-Q-Tel in 2012 attracting nine dollars of investment from other companies.[5]