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
Survey: Most regional investors want a better due diligence process
For investors, investigating deals isn’t always an easy process. From examining an industry’s opportunity to loads of legal analysis, the amount of work in the due diligence process is often enough to deter financiers from investing in a firm. That’s why in a recent survey, a majority of regional investors said they’d love a better…
ScaleUP! KC wants ambitious startups to top $1M
Looking to surpass $1 million in revenue? The immersive, mentor-led business program ScaleUP! Kansas City has opened up applications for its sixth cohort. “ScaleUP! Kansas City continues to fill a key and vital gap in our entrepreneurial ecosystem,” said Jill Meyer, program director of ScaleUP! KC. “Building a business is hard and lonely work and…
Godfather of content marketing joins the DivvyHQ team
Kansas City-based tech firm DivvyHQ just snagged an industry pioneer in content marketing for its board of directors. The Chief strategist for the Content Marketing Institute, Robert Rose recently joined the DivvyHQ team to lend his years of content marketing expertise. A nationwide speaker and author, Rose has developed content customer experience strategies for such…
Missouri named Hyperloop semifinalist, offering 760 mph alternative to I-70
Missouri is in the running to land a futuristic transportation system that would move people between Kansas City and St. Louis in only 23 minutes. On Wednesday, transportation tech firm Hyperloop One announced 11 semifinalist routes in the U.S. that could receive its system that propels vehicles at speeds of about 760 miles per hour.…