# DESlock

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deslock

- Industry: IT Security/Cybersecurity
- Headquarters: UK
- Website: www.deslock.com
- Total disclosed funding: $0.8M
- Latest round: Series A (Apr 1, 2012)
- Investors on record: 2

## About

DESlock Limited specializes in encryption solutions for organizations, providing products that secure sensitive data across various platforms and environments, addressing essential cybersecurity needs in today's digital landscape.DESlock Limited, founded in 2006 in the UK, focuses on providing encryption technologies. In September 2015, the company was acquired by ESET, spol. s r.o. The founder's details are not publicly available. DESlock has undergone a strategic shift since the acquisition and continues to operate in the cybersecurity sector. The company has completed a total of 2 deals, with the most recent deal in September 2015, which involved acquisition by ESET. In its latest funding round, DESlock raised GBP 0.500 mn through a SERIES A round, with Shackleton Ventures and Silver Cloud Ventures as investors. The total amount raised by the company is GBP 0.500 mn.DESlock Limited offers ESET Endpoint Encryption, a suite of encryption solutions designed for organizations of all sizes. Their product range includes Removable Media Encryption, Full Disk Encryption, Email Encryption, and Folder Encryption, all tailored to secure sensitive data and mitigate risks associated with data breaches and unauthorized access, serving clients in finance, healthcare, and education. ESET's encryption solutions are available in multiple regions, including North America, Europe, and Asia-Pacific.In 2022, DESlock Limited generated revenue of GBP 1,837,815.70 with an EBITDA of GBP 267,621. The company primarily operates on a subscription model, allowing organizations to access its encryption solutions through annual licenses, ensuring comprehensive data protection across their operations. Additionally, revenue is bolstered by partnerships with resellers and integrators that expand the distribution of ESET’s solutions.Following the acquisition by ESET in September 2015, DESlock is focused on enhancing its product offerings and expanding into new markets. The company is expected to introduce new encryption solutions soon, although specific release dates have not been disclosed. Plans to penetrate further into North America and Asia-Pacific are underway, aimed at increasing its market share by 2024. The recent funding will support these initiatives, enabling the company to innovate its product line and strengthen its presence in the cybersecurity landscape.

## Funding rounds

- Series A, Apr 1, 2012, $0.8M — Shackleton Ventures, Silver Cloud Ventures

## Investors

- Shackleton Ventures (https://capitalatlas.ai/funds/shackleton-ventures) — Series A
- Silver Cloud Ventures (https://capitalatlas.ai/funds/silver-cloud-ventures) — Series A