Outsourcing US voting system: To Foreign Company
Obama donor's company funds controversial election firm
January 18, 2012 | Aaron Klein
A top director at a venture capital firm that finances a controversial new online voting system donated to Barack Obama's presidential campaign and also contributed the maximum allowable to Obama's inauguration, KleinOnline has learned.
The internationally-headquartered company, SCYTL, has previously faced questions about the security of its electronic voting technologies, which are now set to be deployed in 900 U.S. jurisdictions.
The firm already provides balloting for overseas U.S. military and civilian voting in nine states plus elections technologies in several districts.
Concerns have also been raised about SCYTL's ties to the Spanish government and to international venture capital firms.
The Drudge Report yesterday ran a feature entitled, "Foreign company buys U.S. election results reporting firm." The article documented that SCYTL, based in Barcelona, acquired 100% of SOE Software, the leading software provider of election management solutions in the United States.
The official press release announcing the acquisition noted that SCYTL is a portfolio company of leading international venture capital funds Nauta Capital, Balderton Capital and Spinnaker.
Spinnaker Capital manages $5 billion in two funds specializing in emerging markets investments.