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
New app Miles wants to soothe the pain of mileage tracking
The stability of a 9 – 5 corporate work day is fading away, as many entrepreneurs know. Many people are entering the “freelance workforce,” leaving the predictability of a regular paycheck behind. Although this arrangement brings freedoms, it may make things more complicated during tax season. This culture shift inspired serial entrepreneur and software developer…
Five Elms Capital leads $7.4M round in San Diego firm
Five Elms Capital is the lead investor in a $7.4 million finance round for a San Diego-based security firm. The Kansas City-based investment group is backing Trackforce, a SaaS provider of operations management tools for security guard operators. The company’s GuardTek software suite is used by more than 80,000 users at over 8,000 sites in…
Rockstar team forming at KC-based Firebrand Ventures
A venture fund’s success is determined by its ability to find and evaluate the best deals. And that job is a whole lot easier when you have a team with decades of technology investment experience guiding your decisions — as is the case with Kansas City-based Firebrand Ventures. Launched in July by John Fein, Firebrand…
Charlotte Street Foundation launches program for arts, culture startups
The Kansas City-based Charlotte Street Foundation is launching a program to support emerging arts and culture startups in the area. The foundation’s “Startup Residency” program will offer its participants 12 months of free storefront space at Charlotte Street’s Project Space in downtown Kansas City, professional development training, mentoring and marketing opportunities. “We noticed that a…