Leading Data Room Providers
The top virtual data rooms online offer many tools that will allow you to work seamlessly with data and secure sharing. Choose a service that supports all of the popular document formats, has a user-friendly interface, and runs smoothly on various devices (like iPhones, Android phones, Windows PCs). Also, determine if the vendor offers round-the-clock support through emails, tickets, phone calls and chat.
iDeals is one of the most highly rated VDRs with the highest ratings. It has a wide feature set as well as a simple installation. Its user-friendly design and intuitive configuration are well-known to CFOs and entry-level accounting professionals. Global review platforms like G2 Crowd, Capterra and others have given the company high ratings.
Merrill Datasite, an experienced traditional provider of online data room solutions, was founded in 1968. The platform of the company offers a wide range of useful features, including project, folder or document permissions, bulk AI redaction, and search capabilities in 16 languages. Its sophisticated security measures allow it to get through even the most rigorous data audits.
FirmRoom is an established Chicago-based service that specializes highly secured online deal rooms and file sharing. Its clients electronic deal room best practices include mid-sized and large enterprises.
The software from the company allows users to create virtual data rooms for each project and invite participants. The platform can be used to aid in due diligence, mergers and acquisitions, financing and fundraising, and legal issues. Pricing options include storage and page charges.