"Into The Trash It Goes": Snowden Slams CIA-Funded 'Encrypted' App Wicker | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

"Into The Trash It Goes": Snowden Slams CIA-Funded 'Encrypted' App Wicker

In 1999, the CIA created In-Q-Tel, a nonprofit investment firm that invests in high-tech startup companies focused on increasing the capacity of US intelligence agencies. The fund has been notable for funding Google and Palantir at very early stages, bringing us to the latest possible investment into encrypted messaging platform Wickr.

Vice's Motherboard was first notified by Jack Poulson, executive director of Tech Inquiry, about In-Q-Tel's From 990 filed in the fiscal year ending in March 2020. The form details compensation paid to outside contractors and mentions a $1.6 payment to Wickr but doesn't explain if it was an investment or a purchase order.

But deeper within the form, a section reads: "The hallmark of IQT's strategic an agile model is the development effort—aka work program—where the company collaborates with the startup to tailor a company's technology to specific government requirements and invests funds towards that work program."

Motherboard spoke with Carrie Sessine, senior vice president of marketing and communications at In-Q-Tel, and asked more about the funds sent to Wickr.

"In-Q-Tel is a prolific strategic investor, making more than 50 investments each year. Our website features the majority of our portfolio investments. There will always be companies that are not announced publicly, which is common practice in the investment community. In-Q-Tel serves multiple agencies committed to national security including the CIA, FBI, NSA, NGA, NRO, DHS (specifically Customs and Border Protection), DIA, and Air Force," Sessine said.

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