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
Video: Sprint Accelerator firms deliver elevator pitches
Startland News, along with the Kansas City community, was able to mix and mingle with the current cohort of startups at the Kansas City-based Sprint Accelerator. In a Wednesday night event at the accelerator — located in the Crossroads Arts District — ten startup founders also quickly pitched their tech firms’ missions. The accelerator program, led…
Inaugural smart city summit eyes the future of public safety
How can technology improve the safety of a city? That subject and more will be discussed during the upcoming Smart City Tech Summit, which will host dozens of government officials and public safety professionals from around the U.S. The summit — set to take place March 29 through March 31 — will focus on the…
Kansas’ angel tax credits sprint to legal finish line
The Kansas House of Representatives nearly unanimously agreed that the state’s Angel Investor Tax Credits program must continue to boost early-stage businesses. The House voted 122 to 3 in favor of a measure that will extend the life of the $6 million program until 2021. Angel investor tax credits, which are set to expire in 2016,…
Shawnee native sells another startup for over $1B with GM deal
General Motors is hoping to become the leader of self-driving car technology with the gargantuan acquisition of Cruise Automation, whose founder has a local tie. GM announced on March 11 that it purchased Cruise for more than $1 billion in a move that aims to accelerate the development of GM’s autonomous vehicle tech. Cruise…