Secure Online Data Rooms Solutions

A virtual data room (also known as a VDR, electronic data room, or deal room) is a cloud-based platform that was created to facilitate the safe storing and understanding functions of online storages sharing of confidential business data during M&A, capital raising, IPOs, due diligence and business audits, litigations and so on. The software is highly specialized and offers various features that guard against unauthorized access. This includes customisable advanced rights password protection, security impersonation with granularity (granular user identity) dynamic watermarking, and fence view.

Unlike less sophisticated platforms like email, Google Drive and Dropbox VDRs are able to track and log all document activity within their platform. This means you will always know who, when and from which IP address has accessed what document. It also allows you to monitor how long a person has been looking at the documents.

This is a characteristic you should take into account when choosing the right virtual data rooms service. This is because a trustworthy online data room can provide an extremely high level of privacy for sensitive documents in business. This is particularly important for manufacturing transactions, as the nature of these documents might not be evident to all parties.

Ansarada Deals, a powerful online dataroom, blends an intuitive interface and a high level of security to enable serious sharing. This makes it easier for users to work together and share files during due diligences, M&As, capital raises, corporate restructurings and other high-risk results. Book a demo to discover the many features this software solution offers.