CIA-Funded Software Company Manages Private Data For Healthcare.gov
In-Q-Tel made “strategic investment” into software company involved in Obamacare enrollment
October 24, 2013
A software company funded by the Central Intelligence Agency is managing data on Healthcare.gov, the Obamacare insurance exchange website.
In-Q-Tel, the CIA’s venture capital firm, invested heavily into Socrata, the software company who provides data collection and management for Healthcare.gov and Medicare.gov.
Through a press release, Socrata announced a “strategic investment and technology development agreement with In-Q-Tel (IQT), the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.”
“Under the agreement, IQT will make a strategic investment in Socrata,” the press release states. “The two entities will work together to further develop Socrata’s data consumerization platform for internal business analysts in data-rich organizations.”
“Users of Socrata’s technologies can transform raw data from multiple sources into more sophisticated and useful resources.”
In other words, Socrata will work with the CIA and other intelligence agencies to transform raw data into a format easily utilized and accessible to the intelligence community.