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
Gooding: Create your own market — don’t compete in someone else’s
“It’s a $100 million dollar industry, all I have to do is capture 1 percent of that market and I’ll make a million dollars.” After working with hundreds of startups, I have heard this statement countless times. This way of thinking is held by many business owners regardless of their industry, background or target market.…
From Mizzou to Spike TV, Tommy Saunders’ ab rollers hit national stage
Tommy Saunders is serious about fitness — one glance at his eight-pack and pythons for arms makes that clear. But the Kansas City entrepreneur is also serious about business, a fact he plans to prove as part of a reality-competition series debuting Tuesday on Spike TV. A former University of Missouri football standout, Saunders recently…
Blooom co-founder dissects $4M raise
Financial tech firm Blooom recently snagged one of the Kansas City area’s largest funding rounds in months. QED Investors from Alexandria, Va., led Blooom’s $4 million Series A round, which also included investments from DST Systems Inc., Commerce Ventures, Hyde Park Venture Partners and UMB. The Leawood-based firm plans to use the funds to hire new sales…
Events Preview: Athena League, Village Fall Fest
There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Athena League October VOX When: October 15 @ 5:30 pm – 7:30 pm Where: C2FO Join us for our October VOX, All…