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
Founder facing gender bias: Don’t call me a victim; call me investors
It’s like pulling teeth to get key investors and resource organizations to help push female entrepreneurs forward, said Carlanda McKinney, citing implicit bias and a lack of effective support mechanisms. “I don’t think it’s intentional at all. I think it’s a byproduct,” said McKinney, co-founder of Raaxo, an online tech platform used to design and…
Even gatekeepers struggle to bring KC’s women-led companies in from the cold
Female entrepreneurs are falling behind as a new generation of highly-scalable startups rises in the Kansas City, said Darcy Howe, reporting too few women-led firms even approaching KCRise Fund for investment. “My experience with those ‘Hey, I hear you have money’ calls that I do get [from female entrepreneurs] — many of them are not…
ScaleUP! KC reveals new 15-member cohort of growing businesses; touts alumni successes
Entrepreneurs joining the latest ScaleUP! Kansas City cohort represent ventures from such varied business sectors as photography, construction, design, counseling, film and engineering, said Jill Meyer. An ability to scale knows no single industry, emphasized Meyer, program director of ScaleUP! KC. “This program has shown us, time and time again, that not only can you…
Sweet & Sassy side hustle: Father-son duo behind Brownie’s bottles a venture to savor
Side hustles of any flavor can provide relief from the daily grind of a stressful startup, said Venture Legal’s Chris Brown of his “hobby” — delivering the homemade Sweet & Sassy Brownie’s Barbecue sauce. “Whether you like hiking or making barbecue sauce or riding horses or doing whatever … I think it’s important for people…