How to Make a Virtual Data Rooms Comparison

Data rooms offer a secure way to share confidential documents and other information with multiple parties from a single location. They are frequently used during M&A due diligence, capital raising, IPOs and other business events where the security of sensitive information is essential.

Many companies use free cloud storage tools for file sharing on a daily basis, but these services don’t offer the same level of security and advanced features as the dedicated data room providers. It’s important to look at the different virtual data rooms before selecting the most suitable solution for your needs.

When looking at virtual data rooms, there are many aspects to take into consideration, including the expertise of the company pricing model, the security measures, in addition to storage capacity. It is also advisable to review reviews on third-party sites prior to making a decision.

iDeals is among the most trusted providers of data rooms in the industry with over 14 years of experience. The platform is well-known for its white labeling system and an extremely user-friendly interface. Some of its most prominent customers include Deloitte, American Airlines and Toyota.

Citrix Another well-established data room provider, offers its software in more than 170 countries around the globe. The platform is well-known proteored due diligence for its high-quality features and exceptional customer service. In fact the majority of users provide positive feedback on its usability and user-friendly interface. However, some customers observe that the service could be improved on the quality of its integration with email and overall support.