Launched in 1999 as an independent, not-for-profit organization, In-Q-Tel (IQT) was created to bridge the gap between the technology needs of the U.S. Intelligence Community (IC) and emerging commercial innovation. We identify and invest in venture-backed startups developing technologies that will provide “ready-soon innovation” (within 36 months) vital to the IC mission. These technology startups are traditionally outside the reach of the IC; in fact, more than 70 percent of the companies that IQT invests in have never before done business with the government.

As a strategic investor, our model is unique. Our investments accelerate product development and add mission-critical capabilities with the sole purpose of delivering these cutting-edge technologies to IC end users quickly and efficiently. By focusing on commercial technologies and investing side-by-side with venture firms, we leverage outside funding to help develop sustainable technologies using off-the-shelf products instead of custom-built solutions. On average, for each dollar that IQT invests in a company, the venture capital community invests more than nine dollars.

Process

Process

The advantages of the IQT model are significant: lower initial and long-term costs, faster development, and ongoing product enhancements to meet IC mission requirements.

IQT-process_final

IQT’s team of in-house subject matter experts vets each technology against mission needs, compares alternative approaches, and rigorously validates technical claims. At the same time, IQT’s strategic investments team examines the company’s commercial potential, analyzes its business plan, and evaluates the management team to gauge the potential for long-term success in the market.

We strive to ensure not only that our portfolio companies deliver technical superiority, but also that they will continue to support their products for years to come. Once an investment is made, IQT works with the company and the IC partner agency to complete a work program and facilitate solution delivery.

Partners

Partners

While CIA remains our primary partner, IQT has broadened its scope in recent years to support other agencies within the IC, such as the National Geospatial-Intelligence Agency (NGA), Defense Intelligence Agency (DIA), and Department of Homeland Security Science and Technology Directorate (DHS S&T). This expansion has allowed our partners to benefit from technology developments that are jointly funded, reducing risk and fostering better inter-agency information sharing and operations.

Our primary point of engagement with the IC is through the In-Q-Tel Interface Center (also known as the QIC), housed in the Central Intelligence Agency. Comprised of experienced CIA officers, the QIC provides a direct connection to the IC’s technology leaders and end users, ensuring our strategies and investments are on target. Each partner agency sponsors a similar team of interface staff tasked with helping to facilitate relevant technology deployment, transition, and acceptance within the respective agency.

Team

Team

In-Q-Tel’s staff includes a unique mix of entrepreneurs, technologists, strategists, managers, analysts, and investors. While our team represents a diverse array of backgrounds, they share similar traits – deep knowledge of their chosen fields, strategic vision, and a dedication to IQT’s core mission: delivering solutions that address the critical technology needs of the U.S. Intelligence Community.

IQT is guided by a Board of Trustees comprised of recognized leaders in national security, financial analysis, and technology.

Management Team

  • Christopher DarbyPRESIDENT AND CEO

    Chris Darby has served as President and CEO of In-Q-Tel since September 2006. He is also a member of its Board of Trustees.

    Chris Darby has served as President and CEO of In-Q-Tel since September 2006. He is also a member of its Board of Trustees. Darby was previously Vice President and General Manager at Intel, where he oversaw the Middleware Products Division. At Intel, Darby had responsibility for the corporation’s Infrastructure Software business, including open source and commercial products. He joined Intel in August 2005 with the acquisition of Sarvega, a venture-backed supplier of XML networking and security products, where Darby served as President and CEO.

    Prior to Sarvega, Darby was the Chairman and CEO of @stake, the well-known Internet security consulting firm ultimately acquired by Symantec (SYMC). While at @stake, he assembled the world’s leading collection of security researchers and built a business that spanned North America and Europe.

    Darby also previously served as President and CEO of Interpath Communications, which was later acquired by US Internetworking (USIX). He held several executive positions at Digital Equipment Corporation (now Hewlett-Packard) with responsibility for telecom industry initiatives, corporate strategy, and alliances. He began his career at Northern Telecom (now Nortel Networks) and Bell Northern Research.

    Darby is a graduate of the University of Western Ontario.

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  • Steve BowsherMANAGING PARTNER

    Steve Bowsher serves as Managing Partner and Executive Vice President at In-Q-Tel, leading the company’s technology investment strategy.

    Steve Bowsher serves as Managing Partner and Executive Vice President at In-Q-Tel, leading the company’s technology investment strategy. Bowsher joined IQT from InterWest Partners, where he served as General Partner. He specialized in the enterprise software and Internet sectors, and led and managed 13 investments in those areas.

    Previously, Bowsher worked at E*TRADE, managing its value-added products and services. During his tenure there, he helped launch Destination E*TRADE, the company’s award-winning website. Bowsher was also an early stage employee at two startup companies, where he was responsible for revenue and distribution targets.

    Bowsher is a frequent speaker at industry-leading conferences such as the Wharton Technology Conference, IBF’s Early Stage Investing Conference, Internet World Annual Conference, and Dow Jones Private Equity Summit, and has been quoted as a subject matter expert in national publications including the Wall Street Journal, Newsweek, and Fortune magazine.

    Bowsher graduated magna cum laude from Harvard and received his MBA from Stanford.

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  • Bob GleichaufEVP AND DIRECTOR OF LAB41

    As Executive Vice President at In-Q-Tel, Bob Gleichauf supports technology advancement programs. He is also Director of IQT’s Lab41 initiative, a unique, Silicon Valley-based challenge lab that provides “innovation through collaboration” in the area of Big Data analytics.

    As Executive Vice President at In-Q-Tel, Bob Gleichauf supports technology advancement programs. He is also Director of IQT’s Lab41 initiative, a unique, Silicon Valley-based challenge lab that provides “innovation through collaboration” in the area of Big Data analytics.

    Gleichauf joined IQT from Cisco Systems, where he spent a decade working on the development of secure network infrastructures across a variety of the company’s products. Gleichauf, who has more than a dozen patents in network security, served as CTO for the Wireless and Security Technology Group at Cisco, and is respected globally for his work in information security. He previously served as head of product engineering for the WheelGroup prior to its acquisition by Cisco. Earlier, he was with IQ Software, a leader in the development of database report writing tools.

    Before making the leap into technology, Gleichauf pursued a Ph.D. in Early Human Prehistory at the University of Michigan, where he earned a fellowship and had the privilege of working in East Africa with the celebrated Leakey family.

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  • Lisbeth PoulosEVP AND CHIEF OF STAFF

    In her role as Executive Vice President, Lisbeth Poulos is responsible for raising awareness of the In-Q-Tel model among government agencies and other stakeholders.

    In her role as Executive Vice President, Lisbeth Poulos is responsible for raising awareness of the In-Q-Tel model among government agencies and other stakeholders. She leads IQT’s technology transfer efforts, working to ensure that the innovative technology solutions that IQT invests in find their way into the hands of end users within IQT’s Intelligence Community partner agencies. As Chief of Staff, Poulos manages the day-to-day activities of IQT’s staff as well as the organization’s relationships with its Board of Trustees and IC interface centers.

    Prior to joining IQT, Poulos worked in the Intelligence Community, as well as in the private sector for companies including BAE Systems and MicroStrategy.

    Poulos earned a BA degree in International Relations from the College of William and Mary.

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  • Matthew StrottmanEVP AND CHIEF FINANCIAL OFFICER

    Matthew Strottman serves as Executive Vice President and Chief Financial Officer at In-Q-Tel. He is responsible for overseeing investment and portfolio analysis as well as managing corporate functions including finance, accounting, corporate operations, human resources, and security.

    Matthew Strottman serves as Executive Vice President and Chief Financial Officer at In-Q-Tel. He is responsible for overseeing investment and portfolio analysis as well as managing corporate functions including finance, accounting, corporate operations, human resources, and security. Prior to his role as CFO, Strottman served as IQT’s Senior Director of Investment Analysis, where he managed vetting and due diligence for all potential investments. He also served in a portfolio management role, tracking the financial performance and valuations of IQT’s investments.

    Strottman is a Certified Public Accountant and previously worked in the Technology Investment Banking Group at Friedman Billings Ramsey. During his time at FBR, he executed public and private equity financing, merger and acquisition, restructuring, and venture capital transactions totaling over $3 billion. Strottman began his career at PricewaterhouseCoopers, where he focused primarily on the real estate and technology industries.

    Strottman received his BA from the University of Notre Dame and his MBA from Georgetown University.

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Board of Trustees

  • Michael M. CrowCHAIRMAN OF THE BOARD

    Michael M. Crow became the sixteenth president of Arizona State University on July 1, 2002. He is guiding the transformation of ASU into one of the nation’s leading public metropolitan research universities, an institution that combines the highest levels of academic excellence, inclusiveness to a broad demographic, and maximum societal impact—a model he designed known as the “New American University.”

    Michael M. Crow became the sixteenth president of Arizona State University on July 1, 2002. He is guiding the transformation of ASU into one of the nation’s leading public metropolitan research universities, an institution that combines the highest levels of academic excellence, inclusiveness to a broad demographic, and maximum societal impact—a model he designed known as the “New American University.” Under his leadership ASU has established major interdisciplinary research initiatives such as the Biodesign Institute, Global Institute of Sustainability (GIOS), and more than a dozen new transdisciplinary schools, and witnessed an unprecedented academic infrastructure expansion, tripling of research expenditures, and attainment of record levels of diversity in the student body. Crow was previously professor of science and technology policy and executive vice provost of Columbia University, where he served as chief strategist of Columbia’s research enterprise and technology transfer operations. He has been an advisor to the U.S. Departments of State, Commerce, and Energy, as well as defense and intelligence agencies, on matters of science and technology policy in areas related to intelligence and national security. He is a fellow of the American Association for the Advancement of Science (AAAS) and National Academy of Public Administration, and member of the Council on Foreign Relations and U.S. Department of Commerce National Advisory Council on Innovation and Entrepreneurship. The author of books and articles analyzing science and technology policy and the design of knowledge enterprises, Crow received his PhD in Public Administration (Science and Technology Policy) from the Maxwell School of Citizenship and Public Affairs, Syracuse University.

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  • James L. Barksdale

    Jim Barksdale is chairman of the board and president of Barksdale Management Corporation, a private company that manages his investments and philanthropic activities.

    Jim Barksdale is chairman of the board and president of Barksdale Management Corporation, a private company that manages his investments and philanthropic activities. He also serves as chairman of Spread Networks, a company he helped establish in 2009. Barksdale has more than 35 years of operational experience. He served as president and chief executive officer (CEO) of Netscape Communications Corp. from January 1995 until the company merged with America Online in March 1999. He was director of Netscape from October 1994. Upon completion of the merger with America Online, Barksdale joined Time Warner’s board of directors.

    Prior to Netscape, Barksdale was CEO of AT&T Wireless Services (formerly McCaw Cellular Communications). From January 1992 to September 1994, he served as president and chief operating officer (COO) of McCaw Cellular. From April 1983 to January 1992, Barksdale served as executive vice president and COO at Federal Express Corporation, and prior to that, he served as the company’s chief information officer (CIO) for four years. From the time he began his career at IBM, Barksdale has held various management positions, including CIO of Cook Industries, and President of Cook Treadwell and Harry, an insurance brokerage firm and subsidiary of Cook Industries.

    Under Barksdale’s leadership, Netscape received the “Entrepreneurial Company of the Year” award from both Stanford and Harvard Business School alumni groups in 1997. Additionally, Computer Reseller News named Barksdale “#1 Executive of the Year,” while PC Magazine selected him “Person of the Year.” At the 1997 ETRE Conference in Budapest, Barksdale received the “Executive of the Year” award.  He also earned the BEAR Award from Brown University for citizenship, as well as the Headwave Award from the State of Mississippi and the national NetDay Hero Award for his work for education. A recipient of the Mississippi Technology Alliance’s Legends Award, Barksdale has earned inductions into the University of Mississippi Hall of Fame, the Mississippi Business Hall of Fame and the Memphis Society of Entrepreneurs.

    The Barksdale Foundation established the Barksdale Honors College at the University of Mississippi in 1997. In January 2000, the foundation granted $100 million to the State of Mississippi for creation of The Barksdale Reading Institute to help Mississippi children improve their reading skills. In 2008, Barksdale and his wife, Donna Kennedy Barksdale, presented a gift to the University of Mississippi for the creation of the Mississippi Principal Corps, an initiative designed to change the way Mississippi school principals are trained. They are also are sponsors of the “Schoolhouse to Statehouse” Project, which encourages parents to become more engaged with public schools in the state. Immediately after Hurricane Katrina, Barksdale was appointed by then-Governor Haley Barbour to chair the Governor’s Commission on the Recovery, Rebuilding and Renewal of Mississippi. He subsequently was asked by Governor Barbour to chair the Mississippi Broadband Connect Coalition (MBCC). Recommendations from this coalition will be used to develop a strategy for broadband development and use in Mississippi. In January 2012, Governor Phil Bryant appointed Barksdale as interim Executive Director of the Mississippi Development Authority (MDA), the state’s lead economic development agency. He was awarded the 2011 Mississippi Medal of Service award in recognition of his service to the state in education and Hurricane Katrina recovery.

    Barksdale received his B.A. in Business Administration from the University of Mississippi.

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  • Peter Barris

    Peter Barris joined New Enterprise Associates (NEA) in 1992 and was named Managing General Partner in 1999. Since that time NEA's assets under management have grown from $1B to over $13B and the firm has expanded its operations to India and China.

    Peter Barris joined New Enterprise Associates (NEA) in 1992 and was named Managing General Partner in 1999. Since that time NEA’s assets under management have grown from $1B to over $13B and the firm has expanded its operations to India and China. Under Barris’s leadership, NEA has invested in industry-transforming technology companies like CareerBuilder, Data Domain, Diapers.com, Groupon, Juniper Networks, Macromedia, Playdom, Salesforce.com, and TiVo. Barris has been named several times to the Forbes Midas List of top technology investors, having personally led investments in over two dozen technology companies that have successfully completed public offerings or mergers. He serves on the board of public company Groupon (GRPN) and is currently a director of several private companies including BenchPrep, Goji Food Solutions, MediaOcean, SnagFilms, and Sprout Social.

    Prior to joining NEA, Barris was President and Chief Operating Officer of Legent Corporation (LGNT) and Senior Vice President of the Systems Software Division of UCCEL Corporation (UCE). Both companies were ultimately acquired at valuations that were record breaking for their time. Earlier, Barris spent almost a decade at General Electric Company in a variety of management positions, including Vice President and General Manager at GE Information Services. Outside interests include serving on the Northwestern Board of Trustees and the Board of the Tuck School Private Equity and Entrepreneur Center. Barris previously served on the Executive Committee of the Board of the National Venture Capital Association and was also a founding member of Venture Philanthropy Partners, a philanthropic organization in the Washington D.C. area. He has a BS degree in Electrical Engineering from Northwestern and an MBA from Dartmouth.

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  • Howard Cox

    Howard Cox is an Advisory Partner of Greylock, a national venture capital firm. Greylock with committed capital of over $2 billion under management has been an active investor in enterprise software, consumer internet and healthcare.

    Howard Cox is an Advisory Partner of Greylock, a national venture capital firm. Greylock with committed capital of over $2 billion under management has been an active investor in enterprise software, consumer internet and healthcare. Over 150 Greylock companies have gone on to become publicly held and more than 200 have successfully merged with other leading companies. Recent Greylock companies that have issued IPOs include LinkedIn and Facebook. Cox has been a director of more than 30 companies including three listed on the New York Stock Exchange. He is also a trustee of various Fidelity Mutual Funds. Prior to joining Greylock, he served in the Office of the Secretary of Defense.

    Cox’s non-profit activities include Director, Secretary of Defense Business Board, Executive Committee In-Q-Tel; director, Business Executives for National Security; director, The Brookings Institution; member Council on Foreign Relations; director World Economic Forum’s Young Global Leaders Foundation; Investment Committees of Partners Healthcare, Dana-Farber Cancer Institute, Museum of Fine Arts, Kleberg Foundation; Board of Fellows Harvard Medical School; Harvard Business School Board of Dean’s Advisors; Dean’s Council Kennedy School, and past Chairman National Venture Capital Association.

    Cox received his AB from the Woodrow Wilson School at Princeton and his JD from Columbia Law where he was an International Fellow. He earned his MBA from Harvard Business School and was a 2003 recipient of the Alumni Achievement Award which is the highest honor the School can give to an alumnus. Upon graduation from Princeton, Cox was commissioned a 2d Lieutenant Artillery where he was a Distinguished Military Graduate of the Army R.O.T.C. program.

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  • Anita K. Jones

    Professor Anita Jones is a University Professor Ermerita at the University of Virginia, having taught computer science in the School of Engineering and Applied Science.

    Professor Anita Jones is a University Professor Ermerita at the University of Virginia, having taught computer science in the School of Engineering and Applied Science. The Honorable Jones was sworn in as the Director of Defense Research and Engineering for the U.S. Department of Defense in June 1993. In that position she was responsible for the management of the DoD science and technology program. This included responsibility for the Defense Advanced Research Projects Agency, oversight of the DoD laboratories, as well as being the principal advisor to the Secretary of Defense for defense-related scientific and technical matters.

    Jones is past vice-chair of the National Science Board, which oversees the National Science Foundation. She is a senior fellow of the Defense Science Board and a member of the Charles Stark Draper Laboratory Corporation and a past member of the MIT Corporation Executive Committee. She has co-chaired the Commonwealth of Virginia Research and Technology Advisory Commission and has served on other government advisory boards and scientific panels for NASA, the National Academies, the Department of Energy, and the National Science Foundation. She is a member of the National Academy of Engineering, the American Philosophical Society and a Fellow of the Association for Computing Machinery, the Institute of Electrical and Electronics Engineers, the American Academy of Arts & Sciences, and the American Association for the Advancement of Science. She has been awarded the Computing Research Association’s Service Award, the Air Force Meritorious Civilian Service Award, the Association for Women in Computing’s Ada Lovelace Award, the Department of Defense Award for Distinguished Public Service, and the IEEE Founders Award. The U.S. Navy named a seamount in the North Pacific Ocean for her. She is currently a member of the Board of Directors of Science Applications International Corporation and CyPhy Works, as well as a trustee of In-Q-Tel and Science Foundation Arizona. Duke University, Carnegie Mellon University, and the University of Southern California have awarded her Honorary Doctorate degrees. She is a founder and Council member of the Computing Community Consortium.  She has published more than 60 technical articles and two books in the area of computer software and systems, cyber-security, and science and technology policy.  In fall 2010, the National Academy of Engineering gave her the Arthur M. Bueche Award for contributions to U.S. science and technology policy advancement.

    Jones holds an A.B. from Rice University in mathematics, a Master of the Arts from the University of Texas, Austin, in literature, and a Ph.D. in computer science from Carnegie Mellon University.

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  • A.B. “Buzzy” Krongard

    A.B. “Buzzy” Krongard serves as an outside director on the Global Board of DLA Piper. DLA Piper is one of the world’s largest law firms with over 2,800 lawyers in 49 offices in 18 countries.

    A.B. “Buzzy” Krongard serves as an outside director on the Global Board of DLA Piper. DLA Piper is one of the world’s largest law firms with over 2,800 lawyers in 49 offices in 18 countries. In addition, he is the Lead Director of Under Armour Inc. where he chairs the Audit Committee. He is also a member of the Board of Iridium Satellite Communications Inc., Apollo Global Management, and In-Q-Tel. He serves as Interim Chairman of the Johns Hopkins Health System.

    Krongard retired from the Central Intelligence Agency on November 30, 2004 where he had been Executive Director since March, 2001. Prior to this appointment, Krongard served as Counselor to the Director of Central Intelligence from February 2, 1998, after a 29-year career in investment banking. Krongard’s CIA awards include the Distinguished Intelligence Medal, the Director’s Medal, the Directorate of Operations Donovan Award and the Warren medallion. Krongard had previously worked in various capacities at Alex. Brown Incorporated, the nation’s oldest investment banking firm. In 1991, he was elected as Chief Executive Officer and assumed the additional duties of Chairman of the Board in 1994. Upon the merger of Alex. Brown with Bankers Trust Corporation in September 1997, Krongard became Vice Chairman of the Board of Bankers Trust and served in such capacity until joining the CIA.

    Krongard was involved in many industry and community activities. He served as Chairman of the Securities Industry Association in 1996 and was named the Outstanding Executive in the financial services industry in 1995 and 1996 by Financial World. In 1997, he received the Golden Plate Award from the American Academy of Achievement.

    Krongard received an A.B. Degree with honors from Princeton University in 1958 and a Juris Doctor Degree with honors from the University of Maryland School of Law in 1975.

    He served three years of active duty as an infantry officer in the United States Marine Corps and ended his career as a captain. His hobbies include scuba diving and martial arts, in which he holds a black belt and equivalent rankings in several disciplines. He was elected to the Lacrosse Hall of Fame in 1981. Krongard is a native of Baltimore, Maryland and resides in Lutherville, Maryland.  He is married to the former Cheryl G. Gordon and has three sons and seven grandchildren. His club memberships include The Ivy Club (Princeton, N.J.), The Links (New York, NY), The Metropolitan Club (Washington, D.C.), The Baltimore Country Club (Baltimore, MD), The Green Spring Hounds (Baltimore, MD) , The Woodmont Rod and Gun Club (Hancock, MD) and the Rolling Rock Club (Ligonier, PA).

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  • Jami Miscik

    Jami Miscik is President and Vice Chairman of Kissinger Associates, Inc., the New York-based strategic international consulting firm that assesses and navigates emerging market geopolitical and macroeconomic risks for its clients.

    Jami Miscik is President and Vice Chairman of Kissinger Associates, Inc., the New York-based strategic international consulting firm that assesses and navigates emerging market geopolitical and macroeconomic risks for its clients. Prior to joining Kissinger Associates in 2009, Miscik served as the Global Head of Sovereign Risk at Lehman Brothers. She also serves as a senior advisor to Barclays Capital.

    Prior to entering the private sector, Miscik had a distinguished twenty-year career in intelligence, ultimately serving as the Central Intelligence Agency’s Deputy Director for Intelligence from 2002 to 2005. As Deputy Director for Intelligence, she was responsible for all of CIA’s intelligence analysts, the production of all-source analysis, and for determining the content of the President’s Daily Briefing. She also served as the Director for Intelligence Programs at the National Security Council from 1995 to 1996.

    Miscik serves on the board of EMC Corporation and she is a member of the President’s Intelligence Advisory Board. She also serves on the boards of In-Q-Tel, the Council on Foreign Relations, and the American Ditchley Foundation.

    Miscik received her BA with honors from Pepperdine University in Political Science and Economics, and her MA from the University of Denver’s School of International Studies. She was awarded an honorary doctorate in public service by the University of Denver in 2011. She is the recipient of the DCI’s Director’s Medal, the Distinguished Intelligence Medal, the Defense Intelligence Agency Director’s Medal, and has twice received the Intelligence Commendation Medal. Miscik grew up in Redondo Beach, California.

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  • Mike Mullen

    Admiral Mike Mullen served as the 17th Chairman of the Joint Chiefs of Staff (2007-2011). He was the principal military advisor to President George W. Bush and President Barack Obama.

    Admiral Mike Mullen served as the 17th Chairman of the Joint Chiefs of Staff  (2007-2011).  He was the principal military advisor to President George W. Bush and President Barack Obama.

    He led the military during a critical period of transition, overseeing the end of the combat mission in Iraq and the development of a new military strategy for Afghanistan. He advocated for the rapid development and fielding of innovative technologies, championed emerging and enduring international partnerships, and advanced new methods for combating terrorism — all of which directly culminated in the elimination of Usama bin Laden.

    As Joint Chiefs Chairman, he spearheaded the repeal of Don’t Ask, Don’t Tell.

    Admiral Mullen has deep experience in leading change in complex organizations, executive development and succession planning, diversity implementation, crisis management, strategic planning, budget policy, congressional relations, risk management, technical innovation, and cyber security. He is widely recognized as an “honest broker” in his key leadership roles as the trusted advisor to both President  Bush and President Obama. He maintains strong relationships with leaders around the globe.

    He and his wife, Deborah, remain staunch advocates of veterans and their families on a broad range issues including drawing public attention and institutional focus to the challenges of post-traumatic stress, combat-related brain injury, military suicide, care of the wounded and veteran homelessness.

    A native of Los Angeles, Mullen graduated from the U.S. Naval Academy in 1968.  He commanded at every level in the Navy. His final four-star command was in Europe for NATO.  His fleet experience culminated in his assignment as the Navy’s highest ranking officer, the 28th Chief of Naval Operations (2005-2007).

    Admiral Mullen earned a Masters of Science degree in Operations Research from the Naval Postgraduate School and completed the Advanced Management Program at the Harvard Business School.  He is on the board of Directors for General Motors and Sprint.

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  • Elisabeth Paté-Cornell

    Dr. M. Elisabeth Paté-Cornell is a Professor of Engineering at Stanford University where her specialty is engineering risk analysis with application to complex systems (space, medical etc.). She is a member of the National Academy of Engineering, the French Academie des Technologies and of several boards including Aerospace, Draper Laboratory, and In-Q-Tel, and was a member of the President’s Foreign Intelligence Advisory Board from December 2001 to 2008.

    Dr. M. Elisabeth Paté-Cornell was born in Dakar, Senegal. Her academic degrees are in mathematics and physics (BS, Marseilles, France, 1968), applied mathematics and computer science (MS and Engineer Degree, Institut Polytechnique de Grenoble, France, 1970; 1971), operations research (MS, Stanford, 1972), and engineering-economic systems (Stanford, PhD, 1978). She was an Assistant Professor of Civil Engineering at MIT (1978 to 1981). In 1981, she joined the Stanford Department of Industrial Engineering and Engineering Management, where she became Professor (1991), then Chair (1997). In 1999, she was named the Burt and Deedee McMurtry Professor in the Stanford School of Engineering. She oversaw from 1999, the merger of two Stanford departments to form a new department of Management Science and Engineering, which she chaired from January 2000 to June 2011. She is a Senior Fellow (by courtesy) of the Stanford Freeman Spogli Institute for International Studies. Paté-Cornell joined CISAC as a faculty member in September 2011.

    She was elected to the National Academy of Engineering in 1995, to its Council (2001-2007), and to the French Académie des Technologies (2003). She was a member of the President’s Intelligence Advisory Board (2001-2004; 2006-2008). Her current memberships include the Boards of Trustees of In-Q-Tel (2006-) and of Draper Corporation (2009-). She is a member of the Board of Advisors of the Naval Postgraduate School, which she chaired from 2004 to 2006. She is a world leader in engineering risk analysis and management and more generally, the use of Bayesian probability to process incomplete information. Her research and that of her Engineering Risk Research Group at Stanford have focused on the inclusion of technical and management factors in probabilistic risk analysis models with applications to the NASA shuttle tiles, offshore oil platforms and medical systems. Since 2001, she has combined risk analysis and game analysis to assess intelligence information and risks of terrorist attacks.

    Paté-Cornell is past president (1995)/fellow of the Society for Risk Analysis, and fellow of the Institute for Operations Research and Management Science. She has been a consultant to many industrial firms and government organizations. She has authored or co-authored more than a hundred papers in refereed journals and conference proceedings. She has received several best-paper awards from professional organizations and peer-reviewed journals.

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  • Ted Schlein

    Ted Schlein is a General Partner at Kleiner Perkins Caufield & Byers. He joined the firm in 1996 with a focus on early-stage technology companies in the enterprise software and infrastructure markets, including ventures within the networking and consumer security arenas.
    Ted Schlein is a General Partner at Kleiner Perkins Caufield & Byers. He joined the firm in 1996 with a focus on early-stage technology companies in the enterprise software and infrastructure markets, including ventures within the networking and consumer security arenas. Schlein has led KPCB’s involvement in a number of successful investments, including Jive Software (JIVE), IPO, ArcSight (ARST), IPO, sold to HP; Beijing Venustech (002439:Shenzhen), IPO; Corio (CRIO), sold to IBM; Extensity (EXTN), sold to GEAC; Fortify Software, sold to HP; Internet Security Systems (ISSX), sold to IBM; and Oakley Networks, sold to Raytheon. Schlein was the founding CEO of Fortify, a pioneer in the software security market and now an HP company. He serves on the board of directors of 3VR, 41st Parameter, Alien Vault, Chegg, Hara, Inspirato, IronPlanet, Jive Software, Mandiant, Nebula, Reputation.com, Shape Security and Verdiem. He also oversees KPCB’s investments in Endgame Systems, LifeLock and Bit9.

    Before joining KPCB, Schlein served as vice president, Enterprise Solutions at Symantec. One of Symantec’s early employees, he played an instrumental role in the company’s growth and dominance as a global software leader. Schlein led Symantec’s successful move into the software utilities market, as well as the launch of its commercial anti-virus solution, an offering that quickly emerged as the industry gold standard.

    Schlein is the former chairman of the National Venture Capital Association (NVCA), a national alliance advocating the role of venture investing in job creation, technology innovation and economic development. He is also the former president of the Western Association of Venture Capitalists and serves on the board of overseers of the Engineering School at the University of Pennsylvania. Schlein frequently participates as an opinion leader in public, private and government forums, providing perspectives on security technology, related investments and market adoption trends.

    Schlein holds a B.A. degree in economics from the University of Pennsylvania.

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History

History

Throughout its lifetime, the CIA has operated at the cutting edge of science and technology. From the U-2 spy plane to the CORONA satellite, CIA’s “wizards of Langley” earned a reputation for bold innovation and risk taking, working in advance of the private sector and other branches of government. Much of CIA’s technology success was a result of identifying gaps and opportunities.

By the late 1990s, the pace of commercial innovation had overtaken the ability of government agencies to develop and incorporate new technologies. Private industry represented technical insights and innovation far too important to ignore. Driven by private sector R&D investment, these commercial technologies addressed many of the same information technology, biotechnology, communications, and energy challenges that faced the Intelligence Community.

In 1998, CIA identified technology as a top strategic priority, and set out a radical plan to create a new venture that would help increase the Agency’s access to private sector innovation. In-Q-Tel was chartered in February 1999 by a group of private citizens at the request of the Director of Central Intelligence and with the support of the U.S. Congress. IQT was tasked with building a bridge between the Agency and a new set of technology innovators.

Learn more about the history of In-Q-Tel:

  1. Case Study:  In-Q-Tel
    by Josh Lerner, Felda Hardymon, Kevin Book, Ann Leamon
    February 12, 2004
    Source—Harvard Business School
  1. Accelerating the Acquisition and Implementation of New Technologies for Intelligence: The Report of the Independent Panel on the CIA In-Q-Tel Venture
    June 2001
    Source—Business Executives for National Security
  1. In-Q-Tel: A New Partnership Between the CIA and the Private Sector
    by Rick E. Yannuzzi
    Winter 2000
    Source—Defense Intelligence Journal
  1. Remarks by Director David H. Petraeus at In-Q-Tel CEO Summit
    March 1, 2012