Online Data Room Software

The best online data room software brings security, convenience and collaboration in one platform. Online data rooms can be used for a range of reasons, such as fundraising for the beginning of a business or board communications, or even feedback on a presentation.

VDR providers come in a variety sizes and shapes. They vary in terms of price user-friendliness, ease of use, customer support and features. Some are specifically designed for M&A due diligence, others focus on the needs of specific industries and offer a wide range of features that make them suitable for diverse projects.

Traditional VDRs have a long history and were originally designed for the M&A process which requires massive data sharing and document scrutiny. These VDRs are often expensive and feature a wide array of features, based upon their pricing strategy and the capacity of their storage.

FileCloud VDR is cloud-based service that provides an initial trial for free and flexible pricing models. Its granular sharing, virus-scan, digital watermarking, auto-indexing, e-signature and reports assist in protecting files and facilitate collaborative project work. It also includes a proprietary file scanner engine that blocks ransomware and a remote mobile application wipe.

Citrix ShareFile VDR is a cloud-based solution that provides a free 30-day trial and flexible pricing models and also a mobile and desktop application for quick access. It comes with a variety of features like multi-factor authentication and granular permissions for users, file auditing, electronic signature as well as document management and Q&A flow. It also comes with an effective search function with built-in redaction, as well as DocuSign integration.