Virtual Data Room (VDR) is a virtual space that acts much like a physical data room except that all data is hosted securely online. A data room is a physical or virtual space where one party can disclose confidential information in a controlled manner to a number of other interested parties.

Data rooms are used frequently during mergers and acquisitions (M&A) where a seller and their advisors need to reveal information about their company or asset to several interested buyers at the same time. 

WHAT IS A VIRTUAL DATA ROOM?

A virtual data room (VDR) is a virtual space that acts much like a physical data room except that all data is hosted securely online.

In the days before virtual data rooms, M&A potential buyers would need to visit an actual room in person to review stacks of critical documents and paperwork.

Today multiple potential buyers can access confidential information simultaneously online.

Top Virtual Data Room Software

iDeals Virtual Data Room

iDeals Solutions is a sophisticated and trusted virtual data room provider. Our experience and exceptional results have been tried and tested by investment bankers, lawyers and top managers of enterprises around the world. As the most result oriented and flexible company in the market we always listen to our customers and offer them the most secure, comfortable and fast solution to achieve their strategic goals in any kind of transaction.

SecureDocs Virtual Data Room

SecureDocs is an industry-leading virtual data room used by hundreds of companies for sharing and storing sensitive documents, both within company walls and with outside parties. SecureDocs is trusted for fundraising, M&A, audits, business valuations, and more. When specific events aren't taking place, the data room is used as an extremely secure corporate repository for critical documents of record. Our flat-fee pricing and intuitive user interface has distinguished us from the competition.

HighQ Dataroom

HighQ's secure platform is the leading data room solution with over 10,000 transactions completed in the legal, banking and corporate sectors. Its unrivalled ease-of-use and global high performance make it the platform of choice for critical processes where quick set-up and fast access is essential.

CapLinked

CapLinked makes it faster, safer, and easier to manage business transactions in the cloud. CapLinked's secure platform provides companies with easy-to-use tools for capital raises, asset sales, M&A, IP licensing, investor & board reporting, and more. Our transparent pricing, quick setup, and exceptional services and support make using CapLinked easy from start to finish.

Safelink Data Rooms

Cloud based solution for Virtual Data Rooms and Secure Extranets. Features include encrypted data storage and transmission. All Data is held offshore and outside of USA and EU. Fully featured with granular permissions, secure messaging, collaboration, full content search, page-level document tracking. Pricing is either per room or storage-based and user numbers are unlimited in either pricing model. Choose your room for your purpose - get the job done quickly, efficiently and intuitively.

Don't Miss: Most Ranked Virtual Data Room Providers