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The Pentagon as Silicon Valley's Incubator

Anonymous Coward writes | about a year ago

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An anonymous reader writes "The Times has an article about how people coming out of the Pentagon are helping create a boom in technology start-ups. From the article: 'In the last year, former Department of Defense and intelligence agency operatives have headed to Silicon Valley to create technology start-ups specializing in tools aimed at thwarting online threats. Frequent reports of cyberattacks have expanded the demand for security tools, in both the public and private sectors, and venture capital money has followed. In 2012, more than $1 billion in venture financing poured into security start-ups, more than double the amount in 2010, according to the National Venture Capital Association.'"

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