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Virtual Data Room Software

A virtual data room (VDR) is an online tool that securely stores and shares digital documents. Businesses use VDRs to share confidential information with authorized parties. It has security features such as encryption, two-factor authentication, and single sign-on controls that enable the hosting of sensitive information under strict permissions. Digital Rights Management (DRM) is an essential feature of Virtual Data Rooms (VDRs), which are commonly used during mergers and acquisition transactions, private equity and venture capital transactions, and by legal firms and real estate professionals for sharing confidential agreements with their clients in a secure and controlled setting. Compliance departments also use VDRs to share sensitive compliance-related files securely. It allows the owner to manage who can access and share the information and can be set to limit the viewer's ability to copy, print, or forward documents. Businesses may also incorporate separate file storage and sharing software alongside VDRs as an additional document repository that requires fewer security measures. VDRs are designed to be easy to use and understandable.

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SecureDocs Virtual Data Room - Virtual Data Room Software

SecureDocs Virtual Data Room

The Fastest Virtual Data Room to Get Deal Ready
(164 Ratings)

SecureDocs Virtual Data Room pricing: Starts at $250.0. Offers Custom plan.

What is SecureDocs Virtual Data Room and how does it work?

SecureDocs Virtual Data Room offers quick setup, industry-leading security, low, and unmatched service. Control access to confidential company information with permission-based user roles to define full access, no access, view only, or download. Detailed audit logs keep administrators informed of all data room activity. Includes date and time stamps and optional daily reporting. Find any document in your virtual data room fast with advanced search capabilities, including OCR text search. show more

iDeals Virtual Data Room - Virtual Data Room Software

iDeals Virtual Data Room

Get a Secure Data Room
(15 Ratings)

iDeals Virtual Data Room pricing: Starts at $460.0. Offers Custom plan.

What is iDeals Virtual Data Room and how does it work?

Your team can focus on what they do best using the iDeals virtual data room platform. It assists you in scanning and arranging your papers in preparation for uploading to the iDeals virtual data room. Invitation letters, user agreements, Q&A workflows, and reports can all be customized. It allows you to sync and upload content in bulk from your local drive or online storage. Its data centers are spread across the globe to maximize cross-border access speed. No, an IT background is required to administer the iDeals virtual data room, and all users are supported and trained. Your data room may be set up in under 15 minutes. There are no plug-ins necessary and you can use any computer, browser, or mobile device. Drag and Drop is a simple way to upload. In only two clicks, you may upload your whole index structure to the data room. They may securely read, print, and download files in over 25 different file types. To protect sensitive material, you can redact text, images, or portions of documents right in the data room. Furthermore, you can quickly invite hundreds of users to the data room by copying and pasting email addresses. show more

ShareVault - Virtual Data Room Software

ShareVault

Virtual Data Room Provider
(85 Ratings)

ShareVault pricing: ShareVault Offers Custom plan.

What is ShareVault and how does it work?

ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other vital business processes. Based on the security policy that you've defined, ShareVault automatically applies customized, dynamic watermarks to each page of protected documents. The detailed audit trail provides a comprehensive list of each user login, documents published, deleted, or renamed as well as documents accessed, including specific pages viewed¹ and the amount of time spent viewing each document¹. show more

Ansarada - Virtual Data Room Software

Ansarada

Turn your opportunity into a win
(109 Ratings)

Ansarada pricing: Ansarada Offers Custom plan.

What is Ansarada and how does it work?

Ansarada is a multi-functional asset management platform that offers virtual data room technologies aimed at making IPOs, acquisitions and mergers, capital raising, and divestitures restructure as simple as feasible. It offers an AI that automates procedures and provides intelligence about bidder behavior and motivations. With Ansarada, you get controls for printing, saving, and gaining access. You can track usage and have files self-destruct regardless of where they are kept. It offers features for commenting, role-based Q&A, alerts, and procedures, as well as excel and email connectors, that help you get things done quicker. With Ansarada, you get email notifications and detailed reports that ensure you always have a clear picture of what's going on. You can use Ansarada’s Pathway to assess debt, predictions, operational efficiency, capital, and choose the best course of action moving ahead. The Pathway is a digital checklist that collects all of the necessary data in one place, allowing you to allocate responsibility to owners, interact internally and internationally, establish target completion dates, and prioritize tasks. Additionally, you can track both external and internal document views, printing, downloads, and searches. show more

Digify - Virtual Data Room Software

Digify

A one-stop-solution to track and control sent files
(107 Ratings)

Digify pricing: Starts at $120.0.

What is Digify and how does it work?

Digify is a complete document security management software that helps businesses protect, control and monitor document specific whereabouts after sending. The software enables users to decide whether they want to make their sent file accessible publicly or only to selected people. Users can even decide whether the recipients can forward the sent files to someone else or not. In addition, they can even revoke access to a file if it contains errors or has been delivered to the wrong person. Digify allows businesses to upload multiple files from their computer or cloud storage, like Dropbox, Google Drive or Box. Also, data rooms offered by Digify enable teams to manage individual projects and deals easily. Coordinators are also allowed to set permissions for specific data rooms in order to control recipients and collaborators access rights over sent files. A complete summary of individual files, covering metrics on how many times it has been viewed, the location from where it was accessed, the duration and whether it was printed or downloaded is also of great use. show more

Firmex Virtual Data Room - Virtual Data Room Software

Firmex Virtual Data Room

The world’s most trusted virtual data room
(95 Ratings)

Firmex Virtual Data Room pricing: Firmex Virtual Data Room Offers Custom plan.

What is Firmex Virtual Data Room and how does it work?

Firmex is providing Virtual Data Room Software. From one-on-one training to due diligence checklists, the Client Services team will help you prepare your project and get everything set up correctly the first time to minimize errors and reduce disruptions to your users. Keep track of document versions to make collaboration and review easier and faster for all. No more hunting around for a specific version of a file or wondering if you have the latest draft. Improve your workflow with risk-managed redaction for the entire diligence process, where you can redact personally identifiable and sensitive information all without leaving your virtual data room. show more

FirmRoom - Virtual Data Room Software

FirmRoom

Virtual Data Room with Collaboration and Communication
(47 Ratings)

FirmRoom pricing: Starts at $500.0. Offers Custom plan.

What is FirmRoom and how does it work?

FirmRoom is an intuitive virtual data room designed for Mergers and Acquisitions. It aims to help Investment Banks, Corporate Development, Private Equity, Life sciences and Real Estate. Their website lists big clients including J.P Morgan, Pfizer, Morgan Stanley and KPMG. Users can transform, retrieve, and classify documents and folders on the platform. Features such as drag and drop, bulk upload, communication tools and smart search enable collaboration among team without having to leave the tool. Its management functions include effortless adding of users, as well as setting up of group-level permissions and access. Users can track buyer activity around deal engagement, and have access to data analytics. They can use data automatically logged by FirmRoom to streamline their audit process and generate reports in PDF and XLSX formats. FirmRoom’s additional features allow for easy document flow and accessibility. These include Data Indexing, Files Bookmarking, time tracking and filters. show more

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List of Virtual Data Room Software

PRODUCT NAME AGGREGATED RATINGS (OUT OF 5)
SecureDocs Virtual Data Room 4.9
iDeals Virtual Data Room 4.8
ShareVault 4.5
Ansarada 4.4
Digify 4.4
Firmex Virtual Data Room 4.3
FirmRoom 4.2

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