In-Q-Tel Invests In Digital Video Enhancement

The CIA's Arlington-based venture capital arm has invested in a San Mateo, Calif. company called MotionDSP. The company specializes in software capable of enhancing tens of thousands of user-generated digital videos per day, including those captured by consumer video devices such as mobile phones and webcams. Terms of the investment were not disclosed.

"MotionDSP is an important addition to our strategic investment portfolio," said Troy M. Pearsall, executive vice president of technology transfer at In-Q-Tel said in a statement. "As part of our charter, In-Q-Tel evaluates innovative technology advances with specific applicability to the challenges facing the U.S. Intelligence Community. MotionDSP's digital video technology ... will radically enhance the way any organization-commercial or government-processes video images."

By Dan Beyers  |  July 26, 2007; 6:40 AM ET  | Category:  In-Q-Tel
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