A virtual data room or VDR is a web-based solution particularly created for the storing and sharing of confidential data. VDRs provide specific sets of options like advanced permissions, tracking features, Q&A tool, as well as multiple-factor authentication and watermarking. Though virtual data rooms are historically utilized for financial transactions, IPOs and fundraising, their use cases are increasing. Any business involved with the secure and specialized management of its data can opt for VDRs. Today, data room providers are progressively building machine learning technology into their software system, thereby enlarging their supply to incorporate tools to use their data room platform for file-synchronisation, internal repository or secure communication with investors.
We are extremely proud with the multiple awards that we have received. The awards reflect our continued commitment to make our client's experience simple, fast, secure and easy in using a Virtual Dataroom.
Before we hear about the latest M&A, joint venture, IPO or fundraising deal in the news, every transaction is clouded in secrecy. So much so that a special code name is used when referring to each deal.
