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
Events Preview: Chat with Victor Hwang, Municipal Innovation
There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Weekly Events Preview Innovation Exchange When: Dec. 14, 4:30 p.m. – 6:00 p.m. Where: Think Big Coworking Rarely are all the facts…
Illness forecaster Sickweather lands local investor, opening KC office
As part of a recent investment round, Sickweather will be returning to familiar stomping grounds to open a Kansas City office. A graduate of the 2014 Techstars-led Sprint Accelerator, Sickweather raised a seed round of an undisclosed value to accelerate sales of its tech that forecasts and maps illnesses for consumers and enterprises. “We’re thrilled…
Entrepreneurial card game Idea Jab spurs creativity in students, startups
Editor’s note: Startland News is continuing its Fund Me, KC segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like Idea Jab co-founders Matt Callegari and Alex Laughlin — to share their stories to gain a little help from their supporters. Back Idea Jab here. Who are…
MTC gifts $2.6M to 10 Missouri tech firms, including one from KC
The Missouri Technology Corporation is making the holidays extra special for 10 Show Me State startups. With an aim to grow the state’s tech and bioscience sectors, the MTC announced that it approved $2.6 million in co-investment awards to 10 firms, including $225,000 to Kansas City-based SquareOffs. Founded in 2012 by Jeff Rohr, SquareOffs created…