Brainloop, the leading provider of Document Compliance Management solutions for secure collaboration on confidential documents, announced that 2009 was the most successful year in its history.
Boston, MA, January 14, 2010 -- Brainloop, the leading provider of Document Compliance Management solutions for secure collaboration on confidential documents, announced that 2009 was the most successful year in its history. The company increased its penetration in key markets, with users in the largest US and global pharmaceutical, financial services, accounting and manufacturing firms, including fifty percent of Germany’s DAX 30 companies, a stock index made up of 30 blue chip firms. Additional Brainloop users include multiple small and midsized businesses from all industries. Brainloop’s Secure Dataroom solution enables them to securely share confidential information across company boundaries.
Peter Weger, CEO of Brainloop, comments: "Today, the secure room that companies use to protect sensitive documents from unauthorized access and modification is located on the extranet. Executives are now much more aware of the need to manage risks related to how confidential information is shared - not least because they may be personally liable in cases of data misuse or theft. With the Brainloop Secure Dataroom, we can meet this growing requirement for security and traceability whenever sensitive data needs to be shared and archived. Over the last year, we’ve seen strong growth in demand for our document compliance management solution in areas like boardroom communications, M&A transactions, and project management involving multiple companies and countries."
Building on its success in 2009, Brainloop has also set itself ambitious goals for 2010. The company is about to launch a new version of its solution. Version 8.0 of the Brainloop Secure Dataroom, which has been developed based on customer feedback, is even more intuitive and user-friendly than its predecessor. The solution puts the user’s needs at the forefront, combining the latest security technology with ease of use to guarantee document protection through to the recipient’s desktop. In 2010, Brainloop will also drive its international growth by expanding its activities in the document compliance management markets in South America, Europe and Asia.
Brainloop, with offices in Boston and Munich, is the leading supplier of software solutions for high-security management of confidential documents. Brainloop Secure Dataroom is a virtual document safe that enables safe filing, editing and distribution of highly confidential documents within a single company, and beyond. All contents are powerfully protected from unauthorized internal or external attacks, and all actions within the data room are documented by an auditing system. Common uses include project collaboration, contract negotiations, collecting data and writing up quarterly reports, and any other communication that contains confidential information.
Brainloop Secure Dataroom is used internationally by hundreds of renowned companies including BMW, Deloitte, Eurocopter, Galileo Industries, Sky and ThyssenKrupp. Leading law firms and investment banks use this solution for the complete life cycle of M&A transactions. Strategic partners of Brainloop are HP, F-I-TS, Microsoft and T-Systems Business Services. http://www.brainloop.com
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Victor Cruz, Principal
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