METACARTA SECURES FUNDING FROM IN-Q-TEL
Investment Highlights MetaCarta's Value to Government Market
October 16, 2002
Vienna, VA
MetaCarta, a pioneer in knowledge management solutions, has secured funding from In-Q-Tel, Inc., a private, not-for-profit corporation funded by the Central Intelligence Agency. By automatically connecting text documents to geographic maps, MetaCarta's platform enables analysts to filter, search, and geographically visualize information from unstructured data sources.
"Imagine taking millions of text documents, extracting out the locations mentioned within them, and instantly being able to see how people, events, and locations relate to one another on a map," said Gilman Louie, CEO of In-Q-Tel. "There is tremendous interest and value in this type of geospatial information service and MetaCarta is the first company in this space in which we have invested."
The MetaCarta Geographic Text Search Appliance exposes the geographic significance of unstructured documents and databases, linking this knowledge to the appropriate places of interest. This merging of disparate sources of information saves time and provides a unique overall view to enhance analysis and understanding of existing information.
"In-Q-Tel has helped us better understand the needs of the Intelligence Community," stated John Frank, CEO, MetaCarta. "Because of In-Q-Tel's insight and expertise, we feel this relationship is invaluable in helping us shape the best possible product for our government and enterprise customers. For example, we are now integrating with geographic information system (GIS) software like the ArcGIS Desktop family of mapping software from ESRI. By making our capabilities work in conjunction with such powerful tools, we are creating new partnerships and multiplying the value that our customers receive."
About MetaCarta
Established in 1999, MetaCarta is committed to providing the leading software platform for geographic and temporal search and analysis for intelligence and business analysis markets. Offices are in Vienna, VA and Cambridge, MA. For more information, please visit www.metacarta.com.
About In-Q-Tel
In-Q-Tel is a private, independent, enterprise funded by the Central Intelligence Agency (CIA). Launched in 1999, In-Q-Tel's mission is to identify and invest in companies developing cutting-edge technologies that serve United States national security interests. Working from an evolving strategic blueprint that defines the CIA's critical technology needs, In-Q-Tel engages with entrepreneurs, established companies, researchers and venture capitalists to deliver technologies that pay out in superior intelligence capabilities for the CIA and the larger Intelligence Community. Learn more at www.in-q-tel.org
