Leading Data Room Providers
The best online virtual data rooms offer many tools that allow seamless working with data and allow secure sharing. Look for a service provider that works on a variety of devices (such as iPhones, Android phones and Windows PCs) and supports all of the popular formats. Also, check if the vendor offers round-the-clock support via tickets, emails or phone calls. Chat is also available.
iDeals is one of the most highly rated VDRs that are highly rated. It comes with a broad feature set as well as a simple installation. Its intuitive design and user-friendly configuration are a favorite among CFOs and entry-level accounting professionals. The company is highly rated by review platforms like G2 Crowd and Capterra.
Merrill Datasite is a traditional online data room provider with a wealth of years of experience. It was founded in the year 1968. The company’s platform has a wide array of useful features, including folder, project or document-level permissions, bulk AI redaction, and search in 16 languages. Its sophisticated security measures make it possible to pass even the most stringent data audits.
FirmRoom is a well-established Chicago-based business that is specialized in highly secured online deal rooms as well as file sharing. Its clients are mid-sized and larger corporations.
The company’s software allows users to create virtual data rooms for each project and to invite a number of participants. The platform is suitable for due diligence for mergers and acquisitions fundraising and financing, as well as legal matters. The pricing options of the company include per-storage and per-page costs.
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