Data Room Providers Review
When selecting a virtual storage room, it is crucial to assess the features offered by a particular provider to ensure they are suited to your project’s requirements. Look for security features such as multi-factor authentication and session timeouts that can prevent data leaks. Document security includes features like secure spreadsheet viewers, watermarking and views-only modes that restrict unsolicited sharing and screenshots.
A VDR should also include data hosting, storage, an encrypted internet connection with anti-virus scanning, uptime guarantees and security certifications that will protect your company’s sensitive files from cyber threats. Pricing models should be flexible and allow you to select between a flat rate per project or that is based on the size of storage or features as well as the number of users.
The most well-known online data rooms include iDeals, Intralinks and Ansarada. Users have been raving about iDeals for its simple interface including desktop and mobile apps, multilingual see this support and video uploads. It’s not customizable, and some users are dissatisfied with its steep learning curve.
Ansarada is known for its security and has been a partner of choice for many M&A deals. Its security-first approach includes numerous tools to guard confidential data throughout the M&A process, such as access to user permissions that are granular and a wide range of role-based Q&A workflows. Users also appreciate its flexible pricing plans.