In-Q-Tel invests in Convera

Convera Corp. has landed a $1.5 million investment from In-Q-Tel Inc., the CIA-funded, private venture capital group. Convera develops search, retrieval and categorization software for enterprises and government agencies.

The company will use the money to enhance its products to address critical IT challenges facing the intelligence community, officials said. The products Convera develops will be made available over the next six months and are broadly applicable to intelligence agencies as well as state and local governments implementing centers for homeland security, according to the two companies.

Convera's government business has grown 28 percent over the last year, according to the company. More than 200 government customers, including the FBI, Customs Service and the departments of Justice, Defense and State, use its search technology.

In-Q-Tel's mission is to identify and invest in companies developing cutting-edge information technologies that serve U.S. national security interests.


Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.