Secure Online Data Rooms Solutions
A virtual dataroom (also called electronic deal room, data room, or VDR) is a cloud platform that was designed to store and share confidential business data safely during capital raises, mergers and acquisitions, IPOs due diligence, audits of companies and litigations, among others. The software is highly specialized and provides multiple features that protect against unauthorized access. This includes customizable advanced password protection, permissions, an individualized security identity for users dynamic watermarking and fence view, and multi-factor authentication.
VDRs, unlike less sophisticated platforms like email, Google Drive, and Dropbox, have the ability record and track every document’s activity on their platform. You can keep track of all times when, who and from which IP address, accessed the document. You can also see the amount of time someone has spent looking at documents.
This is an important feature to website consider when choosing the best virtual data room provider. A reputable online data room can provide a high degree of privacy for sensitive documents. This is especially crucial when dealing with manufacturing, as the sensitive nature of these documents might not be evident to all people involved.
Ansarada Deals is a powerful online data room that combines ironclad security and an intuitive platform that allows for serious sharing. This makes it easy to collaborate and share documents during M&A due diligence corporate restructuring, capital raising and other high-stakes outcomes. Request a demo to explore the various features this software solution has to offer.