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
Money in the tank: Health tech startup lands Pure Pitch Rally’s biggest catch of the day
The support of Kansas City’s entrepreneurial community — and the “land sharks” at this year’s Pure Pitch Rally — means the world to MedCurate founder and CEO Ashley McClellan, she shared. “They have just wrapped their arms around me as I’ve transitioned from corporate America to the entrepreneurship space,” she continued. “I’m very grateful for…
KC officially earns title of ‘Tech Hub,’ opening door to massive federal grant funding
The federal government’s designation of Kansas City as one of 31 U.S. Tech Hubs is expected to further cement the region’s reputation as a leader in vaccine development and biotechnology, said Quinton Lucas, as well as open access to newly launched federal funding opportunities. “The wins keep coming for Kansas City,” said Lucas, mayor of…
LaunchKC liftoff: Meet 13 startups competing for their share of $300K in grant winnings
Kansas City’s premiere grants competition returns in mere weeks with six $50,000 grants on the line, said Becca Castro, and more than dozen startup founders are being interviewed this week to help determine the winners. LaunchKC — a partnership between the Economic Development Corporation of Kansas City, Missouri, and the Downtown Council — plans to…
AltCap Your Biz reveals 10 finalists vying for $25K grand prize at cornerstone GEWKC event
A competition aimed at mobilizing the next generation of entrepreneurs and social innovators — along with awarding more than $40,000 in cash prizes to its winners — announced Monday the 10 finalists vying for its 2023 honors. AltCap Your Biz returns to the stage Thursday, Nov. 16 at Plexpod Westport at Park 39 as part…