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According to its website, the Dataroom software enables users to securely manage, store and share important documents. It is used in M&A transactions, loan syndications and licensing, as well as restructuring. It has faster uploads, security features, such as SmartLock, which allows administrators to block access after downloading files, built-in redaction, and DocuSign Integration. The system also has dedicated project managers as well as security that is bank-grade.

Other features include drag and drop file uploads as well as bulk upload of documents and invitations customized watermarks, advanced notifications and data analytics audit trails, reports and reports. The prices are competitive. It is often called VDR (virtual deal room). It is able to be integrated with other tools to improve workflows. The software provides a no-cost demo. The software is compatible with Linux and Windows operating systems.

official source