Online data room review
The right online data space allows teams to collaborate on confidential documents and share information from any place. With advanced security and access rights you can minimize risks and speed up the transaction process by using the help of a virtual data room created with your specific needs in mind.
M&A
Mergers and acquisitions need the exchange of large quantities of documents. A virtual dataroom for M&A lets parties review the documents and make comments in a safe private and secure environment. This helps to reduce the risk of information leakage.
Life science
Life sciences companies, including biotech, pharmaceutical and medical device manufacturers require the highest level of security for their data. Virtual data rooms are utilized to exchange and manage intellectual property, from clinical trial results and HIPAA compliance to patents and the storage of patient files.
Fundraising
Making a private company public involves thorough document preparation and next management. A virtual data room is the most efficient way to share confidential information with prospective investors and partners. It also serves as a space to have discussions with others that help prevent miscommunication and ensures that all questions are addressed.
There are a variety of virtual data rooms available on market. Each one has its own features. Pricing plans vary – they charge per page or extra for users. Many of these traditional VDRs have been in use for many years and were designed with M&A in mind. As a result, they usually have high-end and feature-rich software with the cost of ownership being high.