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
Leaders in KC coworking evaluate cultural, economic impact
Though I’m a “young, hip” millennial that offices in a coworking space, there’s no slant in saying that coworking is more than a fad in Kansas City. It’s a serious — and growing — business segment in the area. In the next 18 to 24 months, the metro will be welcoming more than 300,000 square…
Listen: Experts analyze KC’s evolving coworking and real estate market
What happens when the real estate market responds to a city’s surging entrepreneurial community? That was the subject of Startland News and Think Big’s March Innovation Exchange, which focused on Kansas City’s coworking boom and its intersection with area entrepreneurship. More than 300,000 square feet of coworking space will become available in the area over…
Pear Deck raises $4M to accelerate its ed tech tool
Fast-growing ed tech firm Pear Deck has plucked a $4 million investment as it plans to expand the use of its student engagement platform. The Iowa City-based firm — which operates a sales and marketing office in Kansas City — raised the capital from Growth Street Partners and existing investors, including Village Capital, Hyde Park…
Olathe-based Metactive lands $1.5M, two medical patents
Olathe-based medical device company Metactive released a pair of positive announcements for the firm. In addition to being awarded two patents, the firm closed on a $1.5 million Series A funding round — bringing its total raised to over $9 million. The round was co-led by the Mid-America Angels and an unnamed investor. Previously, the firm…