Virtual Data Room Software helps you in storing and distributing your documents. In a company, there are thousands of documents that are private and can’t be shown to anybody else. This software helps you to keep your documents confidential. Because of the numerous features and advantages, this software has become a necessity these days.
Gone are the days when you have to hire a person to take care of the storeroom in which influential information is kept. Nowadays, technologies have made it possible to protect your records safely.
There are numerous Virtual Data Room Providers available these days and you have the choice to choose the best among them as per your requirement. This software is one the most trusted and secure platform that hosts information under rigorous conditions and limiting the access to copy, forward or even the print the same. This software has certainly raised the bars for other competitors and has helped businessmen to a large extent.
An Extension on Virtual Data Room Software !
Virtual data room software is an online storeroom of your reliable information in the form of documents. This software restricts your data sharing and allows it to be shared in a controlled setting. The main advantage comes out during the mergers and acquisition transactions. Another striking feature which attracts the users of this software is its permission structure which can be easily customized by the users as per their requirement. It can control and monitor your confidential information through digital rights management.
Virtual data room reviews prove that this software is gaining popularity these days due to its easy to use feature along with its drag and drop functionality. You can provide share the confidential data among the users in a restricted manner through desktop applications, web browsers and mobile apps. It also allows you to automatically index and re-index your documents, which makes searching faster. Along with this, you can easily rename your documents to adhere with required naming conventions. Virtual Data Room Providers are always available at your service in case you face any issues or have any queries regarding the usage of this software.
You can also easily revoke the access of any of the users from your confidential document any time as required or in case of any threat of data misuse. Virtual Data Room Comparison will provide you information about the different techniques like encryption of data, firewalls, watermarks which used in this software. In addition, virtual data room pricing is very much affordable and has become a must in pharmaceuticals, investment banking, real estate, fund-raising, government organizations, etc.
You can do Virtual Data Room Comparison of this software with others in which the end result will always be positive. There are many choices available in front of you. You might get confused which one to opt and which one to reject.
Here’s the tally of top 10 software that is used by major big and successful companies. The basis on which they are listed is virtual data room reviews are collected from trusted sites like GetApp, Capterra and G2Crowd. Here is the rundown of the best virtual data room providers:
List of Best Virtual Data Room Software Comparison | Data Room Providers Reviews
1. Drooms – Virtual data room software
About Drooms : Drooms is the leading provider of data rooms in Europe, facilitating highly secure access to confidential documents as well as the ability to exchange them with third parties around the globe. Drooms allows for the transparent, efficient and secure management of confidential business processes such as commercial real estate transactions, mergers and acquisitions, NPL transactions and board communications. Drooms NXG is the first data room to take intuitiveness and intelligence to the due diligence process.
Company Size : 51 – 200 Employees Founded : 2001
Specialties : virtual data room, transaction platform, data security, compliance, online due diligence, artificial intelligence, Document management, and due diligence
“Our collaboration with Drooms went smoothly, without any problems whatsoever. Drooms proved itself a reliable partner and consultant throughout the entire transaction. The fast and user-friendly platform made the project flow seamlessly. A truly exceptional service provider who we can recommend without reservation.” – Deputy Managing Director, NLB InterFinanz AG, Zurich
Yes, get a free trial
2. iDeals Virtual Data Room – Secure document sharing and financial communication services
About iDeals Virtual Data Room : iDeals™ Solutions is a global provider of secure online file management services. Our flagship product is iDeals™ VDR, a next-generation service-supported virtual data room that is used by companies and leading advisors in over 30 countries. From our founding in 2008, iDeals™ has focused on developing a diversified base of satisfied clients in both the developed and emerging markets. We have offices in the New York, Miami, London, Kiev, Moscow, and Hong Kong.
Company Size : 51 – 200 Employees Founded : 2008
Specialties : Virtual Data Rooms, Capital Markets (IPOs, ECM & DCM), Online Due Diligence, Mergers & Acquisitions (M&A), Corporate Finance, Secure online document exchanges, Deal Document Support, Restructuring and Bankruptcy, Secure File Sharing, and Clinical Trial Management Tools
“We continually use virtual data rooms provided by iDeals, the interface is friendly, everything works fine. I am willing to recommend iDeals™ as a reliable and responsible partner.” – Hakon L. Akerlund
iDeals Solutions Group
Yes, get a free trial
3. Safelink Data Rooms – Virtual data room & client extranet service
About Safelink Data Rooms : We provide straightforward and highly secure virtual data room (VDR) and extranet systems for the legal, financial services and government sectors. For any sort of transactional due diligence, Safelink offers all the features you could hope for – a fast and easy interface, page-level reporting presented as charts, drag & drop uploads and much more. With a background in securing highly sensitive financial information, Safelink also includes truly unique encryption technology (we call it Titan) that not only encrypts data but ensures that the encryption keys are held by you, not us. Safelink is also used as a firm-wide extranet solution, in which we can apply your branding and work with you to enable secure document sharing, messaging and collaboration for your teams, clients and peers.
Company Size : 2 – 10 Employees Founded : 2009
Specialties : secure software, security, online access, virtual data rooms, client extranets, secure dropbox, offshore data storage, and Secure Document sharing
“Safelink is impressive. It’s very easy to drive and the extra level of security provides welcome comfort. It’s a great alternative to the majors – does everything you need for a better value price, with a great support team” – James Anderson
Safelink Data Rooms
Yes, get a free trial
4. SecureDocs – Virtual data room for short & long-term use
About SecureDocs : A virtual data room doesn’t have to be expensive and clunky. SecureDocs Virtual Data Room offers quick setup, industry-leading security, low, flat-fee pricing and unmatched service.
Company Size : 1 – 50 Employees Founded : 2005
Specialties : Virtual Data Room Software, virtual data rooms
“I wish we had started using SecureDocs much sooner. We went through multiple rounds of financing as a private company and it would have made my life so much easier.” – Ali Bauerlein
Yes, get a free trial
5. ShareVault – Virtual data rooms for secure business document sharing
About ShareVault : ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other vital business processes. The on-demand platform is an innovative cloud computing solution that enables its customers to manage critical time-sensitive and document-centric processes faster and easier. ShareVault is based in Los Gatos, California, with development offices in Bangalore, India.
Company Size : 11 – 50 Employees Founded : 2003
Specialties : Virtual Data Rooms, Document Security, Secure Document Sharing, Secure External SharePoint Sharing, Corporate Board Repository, Due Diligence, Life Sciences, M&A, Fundraising, Partnering, Research, Financial Valuations, Corporate and Financial Transactions, M&A Deal Rooms, Online Document Sharing, Compliance, Confidential Document Management, Intellectual Property, Financial Audit, M&A Dealmaking , Corporate Document Sharing, Private Equity, Mergers & Acquisitions, and Data Rooms
“It is very easy to access the share holder documents on ShareVault and notifications comes instantly whenever new documents are posted, The documents are very confidential, and I am very happy about the experience with ShareVault” – VIJAY SAI S.
Not provided by vendor
6. Projectfusion – Secure virtual data room solution
About Projectfusion : Projectfusion is a leading UK/EU hosted platform providing Virtual Data Rooms, Extranets, Collaboration, Real Time Co-authoring and safedrop secure file sharing services to leading law firms, pharmaceutical companies, government bodies, financial organisations and energy firms. We fill the gap between your firms IT and the outside world by offering a secure file sharing and collaborative platform, that’s ideal for most use cases. Our service lets you manage projects, setup data rooms, perform secure sharing of files and engage in conversations online with high security that you and your IT will be happy with.
Company Size : 11 – 50 Employees Founded : 1999
Specialties : Virtual Data Room, Extranet, Dealroom, Real Time Co-authoring, Collaboration, Security, Content Management, and Secure File Sharing
“When we first used PROJECTFUSION we were struck by how user friendly it was for all parties and how easy adding users and uploading files were.” – MONTAGU EVANS
7. Unitrends MSP – Cloud backup, long-term archiving, and recovery solution
About Unitrends MSP : Unitrends increases uptime and confidence in a world in which IT professionals must do more with less. Unitrends leverages high-availability hardware and software engineering, cloud economics, enterprise power with consumer-grade design, and customer-obsessed support to natively provide all-in-one enterprise backup and continuity. The result is a “one throat to choke” set of offerings that allow our customers to focus on their business rather than backup.
Company Size : 2 – 10 Employees Founded : 2017
Specialties : Disaster Recovery as a Service (DRaaS) Software, Backup Software, virtual data
“The thing I like most about this software is the reliability that it presents. Sleepless nights are a thing of the past while using this software.” – David H.
Not provided by vendor
8. Clinked – White-label Client and Team Workspace
About Clinked : Clinked is about teamwork and collaboration. As a Cloud-based client portal, Clinked links project groups and business clients with teams, so that they can improve their working style, while being more and more proactive. It’s a secure and easily accessible tool. Clinked is a brandable workspace, to be precise, just like an office we all enjoy going to. In brief, here at Clinked, we provide efficient ways for you to measure your team’s activities, progress, tasks and events. Creating a pleasant environment for colleagues and employees is a must if productivity is your guide. Smoother project management and better client retention – that’s what we suggest. Sign up now with Clinked, try it out first and you’ll see how a straight up, intuitive client and project collaboration tool can make the most of your time by helping teams to work more efficiently together.
Company Size : 11 – 50 Employees Founded : 2008
Specialties : Social Collaboration, Cloud Storage, Project Management, Enterprise Social Networking, SaaS, Document Management, Customer Portal, Intranet, Extranet, Enterprise File Sharing, and Client Portal
“Fairly intuitive and easy for people to learn. Mainly used for discussion posts and document sharing. IT support/customer service is quick and reliable. Makes a great portal for our board of directors!” – Tara Heard
9. dotloop – Real estate transaction management software
About dotloop : Dotloop is the leading online transaction and productivity optimization platform in real estate. Dotloop reduces complexity by replacing separate form creation, e-sign, and transaction management systems with a single end-to-end solution and drives growth by helping real estate professionals streamline their businesses with workflow automation and real-time visibility into transactions. Each year, millions of agents, brokers, and clients trust dotloop to get deals done.
Company Size : 51 – 200 Employees Founded : 2008
Specialties : collaborative transactions, online negotiation expertise, online documents, electronic signatures, document storage, document management, real estate transactions, interactive documents, online storage, cloud computing, and broker dashboard
“Our agents love dotloop and have said they wouldn’t go to another brokerage who didn’t offer it. Being able to complete all paperwork and get esignatures on an iPad, not having to go back to the office to print anything off, it’s amazing.” – Rich Close
10. Vitrium Security – Protect Your Content. Protect Your Business
About Vitrium Security : Vitrium provides document security solutions that empower businesses that create, publish, or distribute proprietary, confidential or revenue-generating content. Vitrium’s enterprise file security and digital rights management (DRM) software delivers file-level protection, control, and analytics for insight into how content is used by the audience. Vitrium protected documents have been published and distributed by thousands of companies and accessed by over a million users worldwide.
Company Size : 11 – 50 Employees Founded : 2005
Specialties : PDF protection, PDF security, PDF DRM, digital rights management, DRM, document DRM, document security, copyright protection, IP protection, intellectual property protection, eBook security, eBook protection, PDF password, document protection, PDF lock, E-DRM, and IRM
“What i like about vitrium is the easy to use function of it, there isn’t too many issues so a smooth operating software is nice.” – Amelina K.