Frankfurt am Main, 9 October 2024 – Drooms, a leading provider of virtual data rooms for the European real estate, banking, legal, and corporate finance markets, is offering industry participants the opportunity to handle their entire deal and due diligence communication centrally with “Drooms Chat.” The software allows professionals across the industry to communicate confidentially in compliance with European data protection standards, share documents transparently with authorised contacts, and edit them in real-time. All communication related to asset transactions takes place without media breaks from third-party software. Drooms Chat can be used independently of a Drooms data room and is free for all users. The new service is available both as a desktop application and on mobile devices.
“There is a fixed network of buyers, sellers, and advisors in Europe who professionally engage in transactions. With Drooms Chat, we are offering these market participants a real-time collaboration platform for the first time that adheres to European data protection standards. This allows business conversations to be conducted with maximum confidentiality and without compliance concerns. The days when market players needed a separate phone for unsecured but practical communication tools like WhatsApp are over,” explains Jan Hoffmeister, Co-Founder and CEO of Drooms.
As the first provider on the market, Drooms Chat also allows users who are not registered in a data room to contact other users directly, either bilaterally or in group chats. The functionalities also include extensive contact management as well as the creation of individual contact lists, including a search function. Furthermore, since the entire communication is hosted on EU servers, all messages via Drooms Chat are legally secure and meet the compliance requirements of strictly regulated users.
“With Drooms Chat, we are taking the next step to become the holistic collaboration platform for the entire industry. For us, this means an integrated platform that consolidates all relevant information and allows for efficient joint processing. In the future, we aim to add further functionalities in close cooperation with our users and thus, as a market leader, set consistent standards in terms of added value and data protection,” says Alexandre Grellier, Co-Founder and CEO of Drooms.
