Bluelock Touts Revenue Increase, Hires EVP

Ton will focus on the company's DRaaS business.

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Indianapolis-based information technology company Bluelock says it is expecting 30 percent revenue growth by the end of the year. The "Disaster-Recovery-as-a-Service" company has also hired Jeff Ton as executive vice president. He previously served as chief information officer at Goodwill Industries of Central Indiana.

The company says the projected revenue increase is due in part to demand growth in the more than $1 billion "Disaster-Recovery-as-a-Service" market.

Bluelock’s platform provides cloud hosting and recovery of sensitive information with the goal of helping companies mitigate risk. Bluelock launched its Disaster-Recovery-as-a-Service technology in 2013 and tailored disaster recovery services for sensitive data in 2015.