Virtual Data Room Providers

In today’s business environment virtual data rooms (VDRs) have revolutionized the transaction process. Instant 24/7/365 access from any location and any device with Internet connection, secure data management and storing as well as substantial time and money savings during confidential business deals are the key reasons why businesses turn VDRs instead of physical data rooms. Plus, the online version of physical deal rooms takes away all many pitfalls and risks, reducing the possibility of a deal not going on as planned. Today a VDR became a secure online meeting place for all parties involved in the deal. Providing full control during online due diligence processes, these secure online data repositories simplify the cooperation between all parties. The virtual data room has evolved to become a tool to facilitate the entire deal course, not just for to perform due diligence. Apart from M&A, virtual data room software is widely used for such deals as loan syndication, private equity, and venture. Typically, virtual data rooms are widely used in many industries, including the following ones:

1. Biotech
2. Business Brokers
3. Accounting
4. Investment Banking
5. Loan Advisers
6. Real Estate
7. Energy
8. Legal
9. Government

As a result, online data room providers appear on the market almost daily. Many of offer some similar services, such as secure data storage, data management, and sharing. The other functions may greatly vary. The best virtual data rooms offer military-level security, multi-language support, full-text search, in-document linking, and a wide-ranging selection of other advanced functions.

iDeals Virtual Data Room

IDeals Virtual Data Room is a secure virtual data room solution used by more than 4,000 companies worldwide, including many Fortune 1000 companies since 2008. The virtual data room (VDR) solutions from IDeals are based on a continuous innovation approach, including constant R&D efforts, powerful cloud infrastructure, and instantly available customer services. With iDeals’ advanced document sharing technology and shatterproof security, dealmakers worldwide can fully comply with due diligence requirements.

Intralinks Dealspace

Intralinks is a global technology provider of secure content management and collaboration solutions. Founded in 1996, Intralinks enables the exchange, control, and management of information between organizations through their virtual data room and deal space solutions, suitable for data sharing inside and outside of the corporate firewall. The company’s key product, Intralinks VIA, supports strategic collaboration solutions for a range of industries, including financial services, life sciences, technology, and manufacturing.