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
Shop Small: 5 gifts for people who are always cold (KC Gift Guide)
Editor’s note: This feature is the first in Startland News’ five-part holiday gift guide showcasing Kansas City makers and their products. Check out the featured maker below, then keep reading for five gift ideas to get started. A decade later, Pancho’s Blanket co-owner Jonathan Garvey is still wearing a hooded sweater his mom bought him…
Missouri businesses consider leaving Twitter amid instability of Elon Musk’s takeover
Editor’s note: This story was originally published by Missouri Business Alert, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and The Kansas City Beacon. Click here to read the original story. COLUMBIA, Missouri — As concern about Twitter increases under new leadership and changing guidelines,…
Bungii hires former C2FO exec for CFO role; startup delivers on new consumer demands
Ratcheting through the stages of a growing startup is easier with an experienced professional under the hood, said Ben Jackson, drawing upon the comparison of scaling to “chewing glass while staring into the abyss.” “Companies fundamentally change as various revenue thresholds are surpassed,” said Jackson, co-founder of Bungii. “A seed stage company looks completely different…
Come on (down) Now! AltCap Your Biz awards $37K in prizes with a familiar face earning biggest win of the night
The founder’s story can be the most important part of a startup’s pitch, Dr. Shelley Cooper shared after clinching the $25,000 grand prize at Thursday’s AltCap Your Biz: Pitch Competition. “Everybody else had a lot more financials in their pitch, and I took all that stuff out. I focused on telling my story the way…