Wednesday, 06. December 2006
High-Tech Gründerfonds deploys Brainloop Dataroom for secure document exchange

Munich, December 6th, 2006 - High-Tech Gründerfonds securely exchanges confidential documents and meeting minutes in Brainloop's virtual dataroom. The organisation is a joint initiative of the German Federal Ministry of Economics and Technology, the multinationals BASF, Deutsche Telekom and Siemens, and the KfW-Bankengruppe. The web-based Secure Dataroom enables High-Tech Gründerfonds to communicate with their committees, portfolio companies and potential investments in a highly secure and documented way. All participants can access their documents and may view tasks and milestones at any time and worldwide.

Brainloop Secure Dataroom delivers a secure communication platform that ensures only authorized participants can access their information. Encrypted transmission and strong authentication technology protects confidential documents. High-Tech Gründerfonds benefits from streamlining business processes by integrating their currently 38 portfolio companies in one repository that simplifies reporting and document distribution. Incoming reports are deposited directly into the dataroom and can be accessed by the portfolio company and the respective portfolio manager, replacing insecure transmission by e-mail attachments.

 

Dr. Alexander von Frankenberg, Managing Director of High-Tech Gründerfonds, explains: "Brainloop Secure Dataroom helps us to exchange confidential documents with existing portfolio companies. Additionally, it greatly simplifies due diligence with potential investments and supports contract negotiations. On average, we work on 15 transactions in parallel, involving own employees but also externals such as lawyers. Secure Dataroom is exactly what we need to securely and efficiently complete due diligence and to exchange information between our portfolio managers and consultants."

 

Encrypted storage is an integral component of Brainloop Secure Dataroom's end-to-end security architecture. Dataroom contents are secured with a 128-bit encryption during transmission and, additionally, with a 256-bit key while at rest. Brainloop's strong two-factor-authentication technology provides extended protection with smart cards or mobile phones.

 

Brainloop Secure Dataroom helps High-Tech Gründerfonds not only to secure its confidential communication but also to record and document the entire flow of information in the integrated audit trail. When due diligence or a contract negotiation is completed all content including audit trail are archived to CD-ROM. Also future requirements like embedding of a watermark are covered by Secure Dataroom.

 

High-Tech Gründerfonds uses Brainloop Secure Dataroom as an on-demand ASP service, hosted on infrastructure of T-Systems, a Deutsche Telekom company.

 

About Brainloop AG

Brainloop AG, headquartered in Munich, is the leading provider of infrastructure and solutions for managing confidential documents. The Brianloop Secure Dataroom is a virtual document safe where the filing, editing and distributing of confidential documents inside and outside enterprise boundaries can be done securely. It creates a strong protection against internal and external unauthorized access, as well as an end-to-end audit trail of all accesses and changes. The Brainloop Secure Boardroom is a variation of the Brainloop Secure Dataroom, especially customized to fit the needs of the directors and the supervisory board members.

 

Brainloop's customers include BMW AG, Deutsche Telekom, T-Systems, ThyssenKrupp, Galileo Industries, Rhön Klinikum AG, Buchanan Capital Group and Bankgesellschaft Berlin, as well as leading legal and financial services, who use Brainloop Secure Dataroom as an ASP service.

 

About High-Tech Gründerfonds Management GmbH

High-Tech Gründerfonds invests venture capital in young, high-opportunity technological companies implementing promising research results in an entrepreneurial manner. Over the next five years, we want not only to provide technologically oriented company foundations with the start-up capital they so urgently need; we also want to ensure the necessary supervision and support for their management. The German federal government, the KfW banking group and the industrial enterprises BASF, Deutsche Telekom and Siemens have joined together under the "Partners for Innovation" initiative and started High-Tech Gründerfonds with 262 million EUR.

 

Press Contact Brainloop AG

Brainloop AG

Ulrike Dreischer-Wanner

Franziskanerstr. 14

81669 München

Tel.: +49-89-444699-48

Fax: +49-89-444699-99

E-Mail: ulrike(at)brainloop.com

Internet: www.brainloop.com

 

Press Contact High-Tech Gründerfonds Management GmbH

High-Tech Gründerfonds Management GmbH

Marco Winzer

Ludwig-Erhard-Allee 2

53175 Bonn

Tel.: +49 228 - 965685-00

Fax.: +49 228 - 965685-50

E-Mail: info(at)high-tech-gruenderfonds.de

Internet: www.high-tech-gruenderfonds.de

 

 

 

06/12/06 High-Tech Gründerfonds

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