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
Novel Capital, Pipeline join forces to help members gain easier access to evasive non-dilutive capital
A fintech startup launched by two veteran founders is extending its services to members of the elite Pipeline network in a bid to make non-dilutive capital more accessible to startups across the region. Novel Capital, an Overland Park-based fintech growth platform that helps B2B businesses accelerate their growth, recently announced plans to help companies led…
United Way launching $2M fund with Kauffman to back nonprofits that serve people of color
A new Nonprofit Catalyst Fund is expected to help the United Way of Greater Kansas City invest in advancing small nonprofit organizations that serve Black, Latino, and other people of color in the community, said Essence Yancey. “We believe that small, nonprofit organizations within communities of color play a key role in addressing a range…
Kauffman funds help Holy Rosary pilot new lending model to boost equitable access to capital
When a traditional bank may not be able to justify lending additional funds to an entrepreneur struggling to get their business off the ground, Holy Rosary Credit Union is uniquely positioned to help people achieve that evasive upward mobility — regardless of race, gender, or geography, said Carole Wight. A $3.3 million grant from the…
Attention passengers: Prepare to fill your carry ons with local goods when KC’s new terminal opens
Local businesses are a significant part of Kansas City’s story, Tyler Enders said, and the new terminal at the Kansas City International Airport gives travelers coming into the city the perfect prologue. “Right when people land in Kansas City, they will be introduced to local artwork, local restaurants and local retail brands. When they go…