Every business needs collaboration. But, if you’re in a regulated industry like insurance, health care, or financial services, security comes first.

Today, Redbooth is announcing Private Cloud, which it describes as the “only truly Enterprise Ready on-premises version of cloud-based collaboration.”

Private Cloud is “a complete version of our [collaboration] product that has been designed for mid-market and larger enterprises with exacting regulatory compliance, security, and privacy requirements,” CEO Dan Schoenbaum told VentureBeat via email.

The Redwood City, California-based company said that Private Cloud differs from the company’s standard cloud collaborative offering because it is installed as a virtual appliance behind the firewall.

As with its standard product, Private Cloud’s tools include real-time chat, selectable user access, conversation archiving, file storage, video conferencing, note taking, and project management tools.

It also has what the company describes as a “simplified implementation and user onboarding” because of its integration with standard business applications like Microsoft Active Directory and Outlook.

A screen in Redbooth's Private Cloud

Above: A screen in Redbooth’s Private Cloud

Image Credit: Redbooth

Schoenbaum gave us the example of 1st Franklin Financial, whose IT security policy required that its data be stored at their data center, under IT’s watch. Their everyday collaboration tools — email and spreadsheets — were compliant with their policy, but inefficient.

They looked at several Web-based solutions, he said, but Redbooth Private Cloud “was the only solution available that offered all of the key features they required and could be deployed on-premise.”

These days, when so many products are cloud-based that it almost seems superfluous to mention they are, Redbooth is touting Private Cloud as an on-premises solution.

“While the cloud is great,” Schoenbaum said, “certain businesses will simply never be comfortable giving up control over collaboration data and infrastructure, or any other mission-critical application.”

In fact, he told us, “we’ve even seen situations where companies who provide cloud infrastructure as their business express a need to bring collaboration behind their own corporate firewalls — because their product development, trade secrets, ‘bet-the-business strategies,’ and overall IP are just too sensitive to expose in the cloud.”

He added that, as a behind-the-firewall and on-premises solution, Private Cloud still allows communication with outsiders via encrypted communications.

Founded in 2008 in Barcelona, Spain, Redbooth says that its collaborative tools are employed by more than 800,000 users in over 6,000 companies worldwide. In November, it announced an $11 million round of funding.

There is no shortage of competitors in the collaboration space. Schoenbaum points to what he described as “narrowly focused” solutions, like Huddle and Basecamp for project management, Asana or AtTask for task management, team communications via Jive or Salesforce Chatter, and Cisco WebEx or Citrix GoToMeeting for online meetings.

Redbooth, he said, combines them all, “in one project, on one screen,” and it can integrate via its API with Box, Evernote, and other tools.

Others do that as well, such as Bitrix24. But Private Cloud “is differentiated in that the on-premise deployment is completely behind the firewall and under the control of the customer,” he said.

One recent all-in-one collaborative entry, WitKit, has touted its “unbreachable data.” Aside from the fact that they’re new, Schoenbaum noted that describing itself as “unbreachable” is a red flag for “hackers out there looking for a challenge.” Additionally, he said, WitKit relies on a public cloud.

By contrast, he said, Private Cloud is “completely behind the firewall and under the control of the customer.”