Deals

In-Q-Tel hires Interwest’s Steve Bowsher to manage VC investments

stevebowsher2.bmpSteve Bowsher, a partner at venture capital firm InterWest, has joined the Menlo Park office of In-Q-Tel, the venture capital arm of the CIA and other U.S. intelligence agencies.

He will oversee In-Q-Tel’s venture capital investments. In-Q-Tel is an independent venture firm that contracts with the government to back start-ups that that may be building technology useful for intelligence purposes.

VentureWire first reported the news this morning (subscription required).

As a General Partner at InterWest, Steve Bowsher focused on software and Internet investments. He’s on the board of Cape Clear Software, PAR3 Communications and Symphoniq.

He also invested in Sarvega, a company acquired by Intel — and Sarvega is a connection that helped him get the In-Q-Tel job. While he served on the board of Sarvega, he got to know Chris Darby, who has since become chief executive of In-Q-Tel. Darby was chief executive of Sarvega at the time.

He’ll oversee about ten employees in In-Q-Tel’s secretive office in a leafy, shady area on Sand Hill Road.