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
Mid-America Angels invests $287K in medical firm Voxello
The Kansas City-based Mid-America Angels investment group announced that it’s backing an Iowa-based medical device company. The regional network of angel investors announced Monday that it invested $287,000 into Voxello. The company created the “noddle,” which allows hospitalized patients to communicate nonverbally. The device detects voluntary gestures — such as a tongue click, eye blink or…
Cowork Lee’s Summit to revamp old post office for entrepreneurs
Lee’s Summit is set to receive a large, new coworking space to serve as the city’s entrepreneurial hub. The founder of Community Buying Group, Ben Rao said he will soon close on purchasing the old Lee’s Summit Post Office to convert it into a 13,000 square-foot coworking space named Cowork Lee’s Summit. Without any nearby…
CNN features Kansas City and St. Louis’ resilient growth
Kansas Citians are already familiar with the perks of calling the metro home — the friendly people, innovative culture and affordability to name a few. The City of Fountains, as well as its neighbor to the east, St. Louis, received validation of those facts Thursday via a lengthy CNN feature on their “bounce back” from the…
K-State LAB offering Kansas startups free growth resources
A Kansas State University business development program is awarding more than $100,000 in grants to Kansas startups. Through K-State LAB — which stands for “launching a business” — participants will receive business lessons, face-to-face mentoring and access to market research. Launched in 2014, the program aims to connect entrepreneurs with the right people so that they…