SOURCE: Brainloop


December 08, 2009 09:33 ET

Brainloop Listed in Leading Industry Analyst Firms' Reports on Trusted SaaS Offerings

BOSTON, MA--(Marketwire - December 8, 2009) - Brainloop, the leading supplier of software solutions for high-security management of confidential documents (, today announced the company's most recent coverage by a top-tier analyst firm. Titled "Trusted SaaS Offerings for Secure Collaboration" and written by Gartner, Inc. analysts Jay Heiser and David Gootzit (Report # ID G00164936), the report lists Brainloop among the vendors with SaaS and collaboration products that "offer the highest levels of trust based on support tasks with specific regulatory requirements for privacy, confidentiality and integrity."

Brainloop is specifically listed as one of the vendors that provide support for mergers, acquisitions (M&A), and other investment banking activity. Gartner also notes that Brainloop's data center is compliant with ISO/IEC 27001.

"We believe the reference to Brainloop within this Gartner report provides evidence that our customers find our service to be trustworthy, which is a key differentiator in the SaaS secure document sharing market," said Brainloop Inc. President Uli Mittermaier. "Our customers realize that our services provide a higher level of security than they are able to provide in-house. We also make it possible to collaborate on confidential documents for such things as biotech drug licensing, project collaboration and project finance as well as M&A due diligence and other applications that need to support document security compliance."

Earlier this year, Brainloop was included in an April 2009 Forrester Research report, titled "Market Overview: The M&A Management Tools Market in 2009." This report by Forrester analyst Daniel Krauss, with Jonathan Penn and Charles Green, includes Brainloop among virtual data room (VDR) vendors, a category that replaces traditional paper-based deal rooms for M&A transactions. Forrester attributes the rapid growth of VDR providers to the unique services and benefits they can provide.

About Brainloop

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 a tamper-proof audit trail. Frequent uses include 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, Deutsche Telekom, Eurocopter, Galileo Industries, Sky (formerly Premiere) 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.

Copyright © 2009, Brainloop AG. All rights reserved. All trademarks mentioned in this document are the property of their respective owners.

Contact Information