Past Investments in US Malware Maker Undermine Investors’ Pledged Battle Against Spyware
Investors’ pledge to fight spyware undercut by past investments in US malware maker Cyber investors announced commitments to fighting spyware, but at least one firm previously invested in an exploit maker.
Now, some investors have announced that they too are committed to fighting spyware.
More recently, the government has imposed economic sanctions not only on companies, but also directly on the executive who founded Intellexa.
To hear some of these investors talk, you’d think that spyware has no place in a free and open society.
Gula Tech and Paladin’s investment in Boldend — effectively a U.S.-based exploit and hacking software maker — and the two investment firms’ commitment to not invest in spyware companies might seem at odds.
