Tuesday, March 25, 2008

CoreStreet Raises Strategic Investment with CIA's In-Q-Tel - Cambridge, MA

CoreStreet, a Cambridge-based developer of credential validation technology, announced on Tuesday that it has signed a strategic investment and technology advancement agreement with In-Q-Tel, the U.S. Central Intelligence Agency's technology investment branch. The agreement calls for CoreStreet to develop new converged security technology, including "breakthrough Card-Connected technology," the company said. Details of the investment were not disclosed. Other investors in CoreStreet include Pod Holding and Updata Partners.



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