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
KCMO adds $350K for entrepreneurs to proposed city budget after advocates’ last-minute push
Kansas City entrepreneur advocates gained more momentum Thursday in their bid to receive greater civic support for startups and small businesses. “Entrepreneurs and small businesses are the driver of the Kansas City economy,” KCMO councilman and Mayor Pro Tem Scott Wagner told Startland Thursday afternoon, following the approval of the city’s $1.73 billion budget. An…
Ties meet rocket tech: Crooked Branch refines bow ties with carbon fiber, urging fearlessness
Capitalize on what’s trendy, find a way to make it better, and the work will do itself, Paul Kaster said of his fresh-out-of-high school startup journey. Such a mindset has only elevated business for Kaster, founder of Crooked Branch Studio. The entrepreneur recently launched a line of bow ties made from carbon fiber — a…
Freightquote, Edison Factory founder-turned-investor touts ‘work ethic worth investing in’
Raise and raise relentlessly. Because in business, the sun won’t shine every day, Tim Barton told a room filled Wednesday morning with entrepreneurs and investors eagerly seeking support and insight at the 20th InvestMidwest Venture Capital Forum. The former CEO of Freightquote, who saw a $365 million exit for the company in 2014 before launching…
Liberty screen printer brings Hustle + Heart in the face of early-stage failure
Liberty-based apparel company Hustle + Heart wouldn’t have found success without failure, said Serena Kotalik. “[You should] never give up whether you’re starting a business like mine or any other,” said Kotalik, founder of the primarily wholesale, online company, which sells many of its wares through a VIP Facebook group. “With each [failure] I have…