Data encryption startup DataLocker has acquired BlockMaster, a Swedish USB security solutions provider, according to a press release announcement today.
The Overland Park, Kan., based company provides encrypted storage devices and encrypted cloud management services for governments and enterprise worldwide.
BlockMaster holds several major patents in encryption, file handling, data leak prevention and antivirus technology. The acquisition will allow DataLocker to expand its encryption management platform.
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“Our mission has always been to provide encryption solutions that are ‘simply secure.’ We are confident that our acquisition of BlockMaster will support our mission by adding proven technology as well as a new revenue stream,” said Jay Kim, DataLocker’s founder and CEO.
DataLocker was founded in 2007. In 2008 DataLocker was accepted into the Kansas Technology Enterprise Center. In 2010 DataLocker closed a $1.2 million Series A round. Kim is a member of Pipeline.