In-Q-Tel (IQT), the venture capital firm funded by the US Central Intelligence Agency, signed a strategic investment and development agreement with the US-based data management company Power Assure on Wednesday. The amount of investment was undosclosed.
Power Assure’s last round of funding, which raised $1.5m in September 2010, included investment by Switzerland-based power and automation conglomerate ABB and Good Energies, a quasi-corporate investor acting on behalf of the Brenninkmeijer family, which runs clothing firm C&A.
Also investing were venture capital…
