Top Virtual Data Room Reviews

It is essential to select a dataroom software provider that offers a user-friendly interface that is easy to use and has a short learning period. Find out if there’s an initial trial or fee-free period for the software. You can also read reviews on third-party websites to gain more knowledge about the company.

A quality VDR should have a wide range of options, including collaboration and file sharing as well as granular security controls. The software should also be able track uploads and usage as well as convert audit logs into customized reports for easy project management. The solution should also come with 24/7 customer support and a robust encryption solution.

Firmroom is an excellent cloud-based virtual data room that is ideal for M&A and other information-dense processes, with flexible access permissions and an efficient search engine. It also facilitates secure document transfer and overcomes limitations on file size. It’s a great option for large and mid-sized enterprises.

CapLinked is a leading M&A VDR that lets users share documents with third party users and monitor activities in real-time. It also has an advanced feature called “fence view” which blacks out certain areas of documents so that personally-identifiable information stays private.

Life science companies join forces or raise funds and require a VDR to protect their intellectual property. iDeals is a good choice because secure document sharing it offers a user-friendly interface, numerous functions, and security certifications such as ISO 27001 and SOC1/2/3.