Leading Data Room Providers

Leading Data Room Providers

The best virtual data rooms on the market offer numerous tools that allow for smooth operation of information and secure sharing. Look for a provider that supports all of the popular document formats, has a friendly interface and can run smoothly on multiple devices (like iPhones, Android phones, Windows PCs). Also, look into whether the company provides support round-the clock through emails, tickets or phone calls. Chat is also available.

iDeals is among the best-rated VDRs that are highly rated. It offers a full feature set and easy deployment. 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 such as G2 Crowd and Capterra.

Merrill Datasite is a traditional online data room provider with years of knowledge. It was founded in the year 1968. The company’s platform has many useful features, such as project, folder, or document-level permissions, bulk AI redaction, and search in 16 languages. Its advanced security measures permit it to pass even the most stringent data audits.

FirmRoom is a Chicago-based business that has a specialization in highly choosing superior virtual rooms secure online deal rooms and document sharing. Its client base includes mid-size and large corporations.

The software from the company allows users to create virtual data rooms for each project and to invite participants. It can be used in due diligence as well as mergers and purchases, fundraising and financing, and legal issues. The pricing options offered by the company include per-storage charges and per-page fees.