If you’re an owner of a company planning to conduct an M&A or IPO it is vital to select a company that offers virtual data rooms that are able to handle such sensitive and secure transactions. There are many features you should look for in a trustworthy virtual deal room, which includes advanced www.vdrapp.info/6-ways-to-ensure-you-get-a-good-venture-capital-deal-for-your-startup security tools such as activity tracking, flexible permission settings. Some VDRs allow you to watermark documents, track downloads and screenshots and offer other customizable options.
iDeals is among the most well-known providers of data rooms. Others include SecureDocs and Firmex. iDeals is ideal for medium and small-sized companies, with flexible pricing plans and advanced features that make it simple to use and manage. Box provides basic collaboration and content sharing capabilities however, it is not equipped with advanced functions. Firmex streamlines business processes for large businesses. Firmex’s customized pricing software can be scalable and allows you to view your data in real time.
Other notable virtual data rooms include Docully, Citrix ShareFile, and HelpRange. HelpRange is ideal for freelancers and startups and comes with a trial period that lets you try the features before deciding. Citrix ShareFile, a cloud-based software is ideal for medium, small and large enterprises. It’s a robust solution that comes with advanced features, including multiple integrations, as well as role-based questions and answers. This VDR is also HIPAA compliant, with built-in support for HIPAA as well as a secure web client. This VDR is a good option for companies that need to transfer sensitive documents, such as pharmaceutical and biotech.