DataLocker acquisition to boost encryption offerings
July 16, 2015 | Bobby Burch
Overland Park-based data security firm DataLocker recently acquired a Swedish tech firm that will expand its encryption technologies.
DataLocker on Tuesday announced the acquisition of BlockMaster, a USB security tech company, for an undisclosed amount. The deal will augment DataLocker’s encryption management platform that allows its clients to track the use and location of sensitive data.
“Our mission has always been to provide encryption solutions that are ‘simply secure,’” DataLocker CEO Jay Kim said in a release. “We are confident that our acquisition of BlockMaster will support our mission by adding proven technology as well as a new revenue stream.”
Founded in 2007, DataLocker created an array of hardware and software encryption products for government, military and businesses. In addition to its Overland Park headquarters, the company has offices in the U.K. and Korea.
Kim previously was a fellow in the Pipeline Entrepreneurial Fellowship program. The company’s investors include FireMon CEO Jody Brazil, Fishnet founder Gary Fish and Archer Technologies founder Jon Darbyshire.
2015 Startups to Watch
stats here
Related Posts on Startland News
Cherry Pit Collective offers community-first workspace for female artists, makers
For artists and makers, coworking is often more than just a preference for a non-traditional space – it can be a necessity. When Kelsey Pike graduated from the Kansas City Art Institute in 2011, she came to the realization that she wouldn’t be able to continue her craft — papermaking — without the tools and…
Under-the-radar innovators exchange challenges, answer ‘Why KC?’ (photo gallery)
It all comes back to time and money, Jennifer Rosenblatt said. “With a startup, things always take longer, and they always cost a lot more,” said Rosenblatt, co-founder of MusicSpoke. “Where we are now is not where I wanted to be.” Though selected as one of Startland News’ 2017 under-the-radar Kansas City startups, as well…
Fund me, KC: From poverty to center stage, singer/songwriter wants to give back
Editor’s note: Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for innovators to share their stories to gain a little help from their supporters. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com Who are you? My…
Beyond borders: Federal grant equips KC to build regional $5M seed fund
Pushing aside the Kansas-Missouri “border war,” a bi-state effort has earned a federal grant that will help create a $5 million fund for startups, which could begin investing as early as 2018. The Enterprise Center in Johnson County announced Monday it secured a $150,000 Economic Development Administration Seed Fund Support grant. The grant — which…