>Keyhole, a small San Francisco-based company that developed software for creating three-dimensional models of the earth’s surface [was] provided seed funding in 2003 [by a CIA-backed VC firm, In-Q-Tel], and
within two weeks, military and intelligence agencies were reportedly using Keyhole’s software to support the U.S. war in Iraq. The following year, Google acquired Keyhole for an undisclosed sum. It was renamed Google Earth.
[...]
>A distinctive aspect of the shifting military-industrial complex is the crucial role played by venture capital (VC). Some observers have noted that the rapid rise in VC funding for defense tech firms has been spurred by recent global conflicts, particularly the war in Ukraine, and more recently, escalating conflicts in Gaza and other parts of the Middle East. According to this line of reasoning, the widely publicized use of drones, satellite imagery, Starlink, and other technologies are generating interest among investors, and Russia’s invasion of Ukraine has led to a shifting “ethical red line” that is prompting VC to back defense tech startups.
paimapi•42m ago
>Keyhole, a small San Francisco-based company that developed software for creating three-dimensional models of the earth’s surface [was] provided seed funding in 2003 [by a CIA-backed VC firm, In-Q-Tel], and within two weeks, military and intelligence agencies were reportedly using Keyhole’s software to support the U.S. war in Iraq. The following year, Google acquired Keyhole for an undisclosed sum. It was renamed Google Earth.
[...]
>A distinctive aspect of the shifting military-industrial complex is the crucial role played by venture capital (VC). Some observers have noted that the rapid rise in VC funding for defense tech firms has been spurred by recent global conflicts, particularly the war in Ukraine, and more recently, escalating conflicts in Gaza and other parts of the Middle East. According to this line of reasoning, the widely publicized use of drones, satellite imagery, Starlink, and other technologies are generating interest among investors, and Russia’s invasion of Ukraine has led to a shifting “ethical red line” that is prompting VC to back defense tech startups.