04 Sep Top 5 Data Rooms Providers
When it comes to due diligence and post-deal integration, data rooms provide the perfect platform for companies of all sizes. Virtual data rooms enable everyone from global corporations to growing startup companies, to collaborate safely and securely on any device.
Intralinks is one of the most reputable providers of virtual data rooms on the market today, assists streamline transactions through its secure cloud-based platform. It allows companies to keep and share documents in transactions and accelerates M&A diligence. It also has features that allow companies to modify the appearance and feel of the VDR, such as customizable watermarks, which appear when documents are opened as downloaded, printed or downloaded. The platform is compatible with many operating systems and devices.
iDeals is another high-end virtual data room provider that boasts a wide range of features, including redaction and fence view, which blacks out parts of files to ensure personally-identifiable information stays private. It lets users track actions within a document such as edits and downloads. An audit trail is also accessible to ensure regulatory compliance.
CapLinked is an asset sale and real estate transaction software solution. It is used primarily for M&A. Its secure, cloud-based platform supports the transfer of data between multiple geographical locations, and also provides advanced search capabilities. It comes with a variety of features that aid collaboration and communication, like live chats and security presentations.