If you’re a business owner preparing to conduct an M&A or IPO it is crucial to select a reliable virtual data room service that is capable of handling these delicate and private transactions. You should choose a virtual deal room that offers many features, such as advanced security tools, activity monitoring and specific settings. Some VDRs allow you to add watermarks to documents, track downloads and screenshots and offer other options that you can customize.

Some of the most popular data room providers include iDeals, Box, SecureDocs and Firmex. iDeals’ flexible pricing plans, advanced features and easy-to-use interface make it perfect for small to medium businesses. Box provides basic collaboration capabilities and content sharing but isn’t equipped with the latest features. Firmex streamlines complex business processes and is used by large corporations. Firmex’s software that is custom-priced can be scaled and allows you to access your data in real time.

Other notable virtual data rooms include Docully, Citrix ShareFile, and HelpRange. HelpRange is ideal for startups and freelancers with a free trial that lets you try the features before making a final decision. Citrix ShareFile is a cloud-based solution that http://www.vdrapp.info/6-ways-to-ensure-you-get-a-good-venture-capital-deal-for-your-startup/ works for small to mid-sized and large enterprises. It’s a robust solution that has advanced features, including multiple integrations, as well as role-based questions and answers. This VDR also has built-in support for a secure online client and is HIPAA certified. This VDR is an ideal choice for companies that must transfer sensitive documents, such as medical and biotech.