The most efficient data room solution lets businesses communicate to, share and protect confidential information with partners and investors. It makes it easier and faster to complete M&A and other transactions, as well as due diligence. Data rooms enable collaboration and communication between users. In addition, they offer the use of secure and encrypted methods to store data. It is a challenge to choose the best solution since every vendor offers different characteristics, pricing, and service. To help you in this process we have reviewed the top vendors and identified their primary offerings to help you select the most suitable virtual data room for your company.
DealRoom, an online data room, founded in 2012, is aiming to improve the efficiency of processes that are associated with M&As and IPOs. The platform is VDR cloud-based service that combines advanced AI and analytics with the management of files. It eliminates complexities and simplifies the user experience using an intuitive interface. It also has advanced security features such as click trails and watermarking. It is ISO 27001 compliant with bank-grade encryption. DealRoom also offers a low-cost monthly fee of $250.