Woburn, MA (PressExposure) December 06, 2009 -- Brainloop, the leading supplier of software solutions for high-security management of confidential documents (www.brainloop.com), 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.