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Becker sinks investment into BlueLock

May 16, 2007

Indianapolis-based BlueLock LLC, a computer hosting firm, has attracted interest from local IT entrepreneur David Becker. This morning, BlueLock announced Becker joined its board of directors after he made an undisclosed investment in the company.

"BlueLock has a very promising future and I look forward to being a part of the team," Becker said in a statement.

Becker has founded a series of successful local software firms over the last two decades, including re:Member Data Services, ViFi and First Internet Bancorp.

Founded late last year, BlueLock offers "software as a service." Its clients, expected to be primarily midsize companies in the bank and pharmaceutical industries, can hand off their IT infrastructure for BlueLock to manage. In exchange for a monthly fee, BlueLock buys and maintains physical IT equipment, and offers monitoring, support and disaster recovery services.

Since opening its doors 12 weeks ago, BlueLock reports it has added one to two customers each week. Earlier this year, BlueLock raised $5 million in startup cash from Collina Ventures, an investment firm local IT entrepreneur Mark Hill formed after selling his banking software firm Baker-Hill.

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