Tech Entrepreneur Joins CIA’s Venture Capital Arm
In-Q-Tel, the nonprofit venture-capital arm of the Central Intelligence Agency, plans to name local entrepreneur Amit Yoran its chief executive today.
Yoran, who previously served as the Department of Homeland Security‘s cyber-security chief, replaces Gilman Louie, who has run the organization since its 1999 launch. Louie resigned to spend more time with his family on the West Coast.
In-Q-Tel was established to help the CIA tap into private-sector technology companies with products that could be useful to intelligence agencies.
Yoran, 35, who started his new job yesterday, is a familiar face in local tech circles. The West Point graduate founded Riptech Inc., an Alexandria network-security firm, in 1998 and sold it to Symantec Corp. four years later for $145 million — making it one of the biggest deals for Washington’s emerging computer-security sector.
Source: The Washington Post.
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