Squid Labs was founded in early 2004 by four passionate scientists & engineers. The vision of Squid Labs: Bring in consulting & contract work, and use the profits to grow internal projects & technologies. Keep many projects active, keep a small core technical team and outsource the rest, and build a high productivity workspace. Along the way three other partners came on board, and by the middle of 2006 the internal projects had grown to demand full attention. By 2007 no fewer than seven spinout companies were formed to continue growing the most promising Squid Labs projects.