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
ScaleUP! KC welcomes 16 new entrepreneurs to the program
On Wednesday ScaleUP! KC welcomed 16 new entrepreneurs into its incubator program’s sixth cohort. To qualify, ScaleUP! companies must be in business for at least two years, generate annual sales of between $150,000 and $750,000 and have the potential to reach to $1 million in sales. Startups from the latest cohort represent industries such as…
KC Digital Drive summits aim to catalyze engagement with tech, innovation
Area non-profit, government and tech leaders are planning to help broaden community involvement in the Kansas City metro’s innovation ecosystem. Organized by KC Digital Drive, the Gigabit City Summit: Local Edition — set for June 16 at Plexpod Westport Commons — will offer an immersive look into high-profile initiatives such as the Smart City effort and…
KC startups join Techstars, Amazon and Kickstarter to support net neutrality
Amazon, Kickstarter, Etsy, Mozilla and other tech giants are planning a “day of action” on July 12 to oppose efforts to undo net neutrality regulations by Federal Communications Commission chairman Ajit Pai. As national momentum grows, the fight for a free and open Internet already has garnered local support. More than a dozen Kansas City-area…
Flyover Capital leads $1.5M round in Illinois startup
Overland Park-based venture capital firm Flyover Capital has led a $1.5 million Series A round in an Illinois-based tech firm. Flyover led the investment round — which included Serra Ventures and other private investors — in Inprentus Precision Optics, which designs and manufactures X-ray and EUV diffraction gratings for “synchrotron radiation” facilities. The technology is used…