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
CEO: Kansas’ politics pushed Pathfinder Innovations into Missouri
Destructive economic and social policies in Kansas compelled Pathfinder Health Innovations’ move to the Show Me State, its founder wrote in a blog post critical of state leaders. A tech service provider for people with autism, Pathfinder received tax incentives for its border hop to Missouri but Pathfinder CEO Jeff Blackwood said the move also…
WonderWe launches faith-based crowdfunding platform
Kansas City-based software startup WonderWe hopes to tap a specific market for its new faith-based crowdfunding platform. Launched in early June, WonderWe combines faith-based values, the latest in crowdfunding tech and new proprietary features to “be one of the leading names” in crowdfunding, said Dominic Ismert, founder of WonderWe. The platform currently accepts fundraisers for…
The Lean Lab will award $100K to education entrepreneurs
Local efforts to inject innovation into education received a boost Friday as The Lean Lab announced fellows in its incubator program will earn seed capital for their projects aimed at disrupting traditional learning. Founded in 2013, The Lean Lab welcomed five new teams of fellows from around the nation for its incubator, which develops…
‘Kansas City Startup House’ aims to be smart home incubator
A local tech founder is transforming his Kansas City, Kan., home to eventually become the area’s next incubator program. Sports Photos founder Brandon Schatz recently launched the “Kansas City Startup Home” to host entrepreneurs and innovators from around the world. While it’s now serving as an Airbnb destination for techies, Schatz said in the next…