Brainloop offers an online platform that helps companies such as Twitter but also clients like BMW and Nokia protect confidential documents and automatically apply the necessary security policies to files that they’d like to shield from outsiders.
Needless to say, we’re not too happy with this recent development. :)
The news of the partnership between Twitter and Brainloop comes less than two weeks after reports surfaced about the former raising $800 million in financing in part to help investors and employees to cash out prior to an eventual sale or IPO.
Twitter declined to comment on said reports.
In a statement, Twitter VP of Finance Luca Baratta said the company is “excited” to be working with Brainloop and that the company’s protected online workspace solution will help Twitter as it “expands its global footprint”. Brainloop CEO Peter Weger explains what his company does, in a nutshell:
“We make it easy for workers, partners, investors, and other stakeholders, whether they reside inside or outside the network, to do their jobs knowing they are complying with confidentiality rules, that their intellectual property is being protected, and best of all, that they don’t have to worry about it.”
In short: Brainloop will help Twitter prevent sensitive information from leaking out to people like us.
Some of the features available in the company’s document compliance management solution include ‘anywhere, anytime’ web-based access, document sharing with versioning, user access controls, two-factor authentication via SMS PINs, 256-bit encryption and integration with Microsoft and Adobe Rights Management to prevent unauthorized forwarding, printing and saving of documents.
Further details of the deal between Brainloop and Twitter were not leaked.
Brainloop is headquartered in Munich, Germany and has an office in Boston, Massachusetts (Unites States). The company has raised 2 million euros in funding to date.