According to its website, the Dataroom software enables users to securely manage important documents. It is utilized in M&A transactions, loan syndications and licensing as well as restructuring. It offers faster upload speeds, security measures, such as SmartLock which allows administrators to remove access to files even after downloading integrated redaction and DocuSign integration. The system is equipped with dedicated project managers as well as bank-grade security.
Other features include drag and drop file uploads as well as bulk upload of documents and invitations custom watermarks, advanced notifications and data analytics audit trails and reports. Its pricing is competitive. It is often called VDR (virtual deal room). It is able to be integrated with other tools to improve workflows. The software is available as a free demo. The software is compatible with Linux and Windows operating systems.