The CIA's In-Q-Tel venture arm invests in Visible Technologies |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
The CIA is getting a new tool to help root out the bad guys, and what they might be saying on blogs, Twitter and other social media sites. In-Q-Tel, the venture arm of the CIA and the U.S. Intelligence community, has invested in Visible Technologies and entered into a technology development agreement with the Bellevue startup company.
Exact terms of the financing deal and just how the CIA plans to use the technology were not known, and Visible vice president of marketing Blake Cahill said he's not even sure of the intelligence agencies' plans. But Visible's online tools do provide some insight into what the in intelligence agency might be interested in. Backed by Ignition Partners and advertising giant WPP, Visible has created a product called truCast that tracks what people are saying on social media sites.
Cahill --whose "social listening" tools are used by more than 100 corporations to track online conversations -- said the Visible technology is not about spying on people.
"It is publicly available information and they are interested in tapping into insight and understanding of what is happening," said Cahill, adding that the intelligence agencies could utilize the tool to track conversations going on overseas.
Visible's technology allows organizations to string certain keywords together in order to make sense of certain topics. For example, it could track people who may be opposed or supportive of the Barack Obama administration.
"Our software could help to automate that process of collection and sentiment and measure the influence of who is saying it," said Cahill. In addition, the service tracks the conversations going on around certain pieces of content, assigning a score to determine the value of the original conversation versus the comments.
And that's part of what caught the CIA's eye. Troy M. Pearsall, executive vice president of architecture and engineering at In-Q-Tel, said that the Visible technology provides keys "to understanding the breadth and depth of the online social landscape.”
“Its platform delivers a clear and comprehensive view of complex information, integrating real-time data into a navigable and easy-to-use application that understands the context and tone of online dialogue,” Pearsall added in a statement.
Visible has raised a total of $23.5 million, including the investment from In-Q-Tel. Last week, the company announced an additional $2 million in debt financing.
Cahill said the company is moving deeper into other government work, with other contracts in the public sphere in the works. "Just like consumers talking about brands, citizens are talking about government," he said.
In-Q-Tel has placed other bets in the social media arena, namely an investment in monitoring service Attensity. In-Q-Tel made its first investment in the Palo Alto, Calif.-based company in 2002.
Meanwhile, the Sourcing Seattle blog reports that Kelly Pennock has been named as chief technology officer at Visible, the third CTO at the company in the past three years. That follows the appointment earlier this year of CEO Dan Vetras, a high-tech veteran who previously worked at Talisma and Captura.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
Who's creating today's energy efficient buildings? Find out at the BetterBricks Awards, Feb. 16
BetterBricks Awards salute the individuals leading the way for high performance commercial buildings with an emphasis on energy efficiency. Join us as we recognize these standout green building professionals.
Award categories include: Advocate; Architect/Designer; Facility Manager/Operator; and Owner/Developer.
Keynote Speaker: Kevin Kampschroer, Director of U.S. GSA's Office of Federal High Performance Buildings. Kevin leads the U.S. General Services Administration's efforts in building sustainability and accelerating industry adoption of sustainable principles across all aspects of a building's life.
Register here by February 10!
If you are interested in buying a table, email Monica Alquist or call her at 206-876-5404.
The Triple Door Presents: The Atomic Bombshells "J'ADORE!: A Burlesque Valentine"
Seattle's reigning Burlesque super-troupe delivers a gorgeous and glittering VALENTINE featuring some of the Bombshells' most exhilarating acts to date. J'Adore! promises to celebrate l'amour with good humor, style, and a healthy dose of dazzle! Bring a friend, a lover, a family member, or a secret crush, and celebrate with the Valentine's Burlesque spectacular that will leave you shouting: "J'ADORE......The Atomic Bombshells!" The incomparable Jasper McCann emcees with high style and charm.
Please visit www.thetripledoor.net for a full schedule of future performances.
The Triple Door Presents: Bob Mould – See A Little Light: An Evening of Reading and Music
"Bob Mould. Those two words are synonymous with integrity. From Husker Du in the last century to right at this moment, Bob is the real deal, writing and playing music for music's sake. He's a great songwriter and performer. I have been a fan of Bob's for thirty years now with no end in sight." -Henry Rollins
Please visit www.thetripledoor.net for a full schedule of future performances.
Why Choose BDO for your SOC (previously SAS 70) Reports?
BDO’s experience in providing attestation services (SAS 70/SSAE 16, AT 101, AT 201, AT 601, etc.) to a broad range of industries, and our team of skilled professionals distinctly qualifies us to serve as your company’s Service Auditor. By leveraging the BDO global network of control specialists, we are poised to provide global services in more than 1,000 offices and across 119 countries. Many organizations find that investing in reports on controls may result in benefits, including:
• Increased client confidence
• Improved competitive advantage
• Minimization of frequent audits
• Streamlined business processes and controls
• Enhanced risk management
For detailed information contact Paul Martini at pmartini@bdo.com.