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  September 5, 2001
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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > SoftLock.com, Inc.

SoftLock.com, Inc.
 PROFILE
SoftLock.com is selling its assets and locking its doors. The company, which does business as Digital Goods, offered a digital rights management and digital content marketing system for securely distributing content over the Internet. Customers could preview and purchase material through the Web, then receive a passkey that unlocked the entire document on the customer's computer. The company gained fame by providing digital security when Stephen King published his novel "The Plant" online in 2000. Investors include RSA Security, SI Venture Fund, and APEX Investment Fund. Failing to gain enough funding to keep the company afloat, SoftLock.com suspended operations and layed off almost all of its employees in 2001.

 DEALS
Deal: SoftLock.com Partnering With Adobe Systems
Date Announced: 09.21.99
Value of transaction (US $Mil): 0
Description: Companies to explore the technologies for online content distribution.

 TRACKERS
May 01, 2001 - LAYOFF TRACKER
39 laid off
Description: See Flop Tracker.

More LAYOFF NEWS

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.70
1-Yr. Sales Growth: 600.0%
Employees: 65
Revenue per employee: $10,769.23

 KEY PEOPLE
• Jonathan Schull
    CEO

 CONTACT INFO
5 Clock Tower Place,
Maynard, MA 01754
US
Phone: 978-461-5940
Fax: 978-461-5945

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