When conducting due diligence, M&A, or other sensitive business transactions using a virtual data room is a good option for sharing files in a secure manner. Making the right choice can make or break the deal and create trust among stakeholders and investors. However, not all VDRs are created to be equal. Some are more intuitive than others, and some have better integrations and security measures. We’ve put together a list of 20 of the most innovative virtual data room solutions on the market today to help you choose the right one for great site your company.
Portalstack is the leading contender on this list of virtual data room options. It’s a straightforward, affordable cloud platform with an easy-to-use interface for sharing files. It’s perfect for startups who need a simple way to share files quickly with potential investors. Portalstack also includes an e-signature tool as well as workflow management capabilities to streamline the entire process of due diligence.
Another option for startups, Intralinks is a top sell-side VDR that blends rigorous security with effortless collaboration. Its intelligent features include AI-driven document categorization, redaction with granular permissions, central task tracking, lightning-fast responses to Q&A, and more. Intralinks allows mobile access for maximum flexibility, along with 24/7 customer assistance.
This top-ranked virtual data room is a robust project management and document management solution that puts privacy at the center of its operations. Its main features include a single dashboard, document management and tagging, and a powerful search feature that is superior to results from a folder-based search. Users can be granted the ability to set up granular access rights for viewing, downloading and printing rights, while administrators can immediately deprive access even if files have already been downloaded to devices.