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
10 emerging makers compete for cash prizes; AltCap, Strawberry Swing team up for fall showcase
Editor’s note: The following story was originally published by AltCap, an ally to underestimated entrepreneurs that offers financing to businesses and communities that traditional lenders do not serve. Amid the historic charm of Alexander Majors Barn, 10 Kansas City-area artisans stepped into the spotlight as AltCap and Strawberry Swing teamed up to host the Emerging…
MidxMidwest returns: Seizing opportunities from one-on-one founder-VC meetups more important than ever, organizers say
It’s a critical time within the startup funding ecosystem, Dan Kerr and Maggie Kenefake agreed, noting the slow tick of investments across the region present a core challenge — and opportunities — to be addressed by this fall’s MidxMidwest event. “If you look at capital, 80 percent went to the biggest three states again, and…
Brookside couple envisions upscale neighborhood escape in former Michael Forbes spot
A couple who first met as servers at a restaurant on the Country Club Plaza are setting the table for a new venture in Brookside: an “elevated” neighborhood bistro and bottle shop that’s expected to open in early 2025. After a light remodeling, Hannah Koenig and Avery Bailey plan to open CRU in late January…
KC Pioneers scored Kansas City a spot on the ‘gaming wave’; why this pro esports teams views its hometown as a championship asset
In the globe-spanning esports market, most of the top competitive gaming teams keep their hometown — if they have one — ambiguous to the public. With the industry expected to touch 1 billion people worldwide by 2029 and players untethered to physical locations, it’s simply an unimportant biographical detail to many. And potentially limiting for others.…