In terms of due diligence and post-deal integration, data rooms offer the perfect platform for businesses of all sizes. Virtual data rooms allow everyone from global corporations to growing startups to work together securely and with confidence on any device.
Intralinks, one of the most respected providers of virtual data rooms on the market today, assists to streamline transactions using its secure cloud-based platform. It lets businesses keep and share documents in transactions which speed up M&A diligence. It also offers features to allow companies to modify the look and feel of a VDR including customizable watermarks that appear when documents are viewed, downloaded or printed. The platform is also compatible with a range of 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 allows users to keep track of activities within a document such as edits and downloads. An audit trail is also provided to ensure compliance with regulations.
CapLinked is an asset sale and real estate transaction software solution. It is mostly used for M&A. The secure cloud-based platform supports the transfer of data across many geographic locations and features advanced search functions. It also comes with a number of features that support collaboration and communication, such as live chat and security presents.