Best Virtual Data Room Software

Explore the list of the best virtual data room software to store and distribute business-sensitive information with confidence and compliance. Finding the best virtual data room software without assistance can be difficult, especially when so many premier virtual data room providers are available. GoodFirms has come up with a list of the best virtual data room software in terms of security and technology to make your search process more manageable. Just go through the list, and use the filters to narrow down the data room system per your requirements. In-depth details and authentic reviews about each software would further help you make the right purchase decision you would never regret in the future

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List of the Top Virtual Data Room Software

  • FileControl Data Rooms are centralized repositories configured to support the storage, management, and dissemination of data and information organized around and pertaining to a particular event for a transient time frame. Leveraging FC2 technology, FileControl helps business and legal professionals solve three interrelated yet distinct challenges. These challenges are the need to store documents, ... read more about FileControl Virtual Deal Room

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Virtual Data Room Software
  • Imprima VDR

    Secure Your M&A Transactions with a Virtual Data Room
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    Imprima’s Virtual Data Rooms are highly secure, reliable and easy to use virtual data room. It provides an online document safe, to help clients preserve the confidentiality of mission-critical documents and communications during any deal transaction. The entire process and our people are certified to ISO/IEC 27001:2013 – the latest and most comprehensive in-depth security certification for pr ... read more about Imprima VDR

    Entry Level Price
    $300 Per Month
    Free Trial
    N/A
    Category Focus
    100% in Virtual Data Room Software
  • Lightserve

    THE BEST VALUE IN FULL-FEATURED VIRTUAL DATA ROOMS
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    Safely store, share and exchange your sensitive and critical files and documents with Lightserve virtual data rooms. We support all major file formats, which are converted and securely streamed to allow you to control access, set permissions and protect information. Mitigate and avoid document leaks with watermarks. Track data room activity through audit event pages, email notifications and helpfu ... read more about Lightserve

    Entry Level Price
    $29 Per Month
    Free Trial
    30 Days
    Category Focus
    100% in Virtual Data Room Software
  • Planfred

    Simple. Flexible. Documented.
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    The aim of Planfred is the central administration and distribution of all project-relevant plans via a central data pool, so that everyone involved in the project can access all plans at any time and at the current status. It should also be documented who made which plan status available at what point in time, i.e. enable the planned delivery dates to be documented. Planfred is not a bloated const ... read more about Planfred

    Entry Level Price
    $22.75 Per Month
    Free Trial
    30 Days
    Category Focus
    100% in Virtual Data Room Software
  • Prism Virtual Data Room

    Manage all one-to-many document and data sharing scenarios.
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    Prism's one-to-many secure document sharing supports investor reporting, board communications and reports, financial reporting and many other firm-specific workflows. Simplify document-based processes and gain a secure, single view into multiple ongoing capital raises, M&A and asset divestitures. Prism is a modern virtual data room enabling firms to securely store and share documents associated wi ... read more about Prism Virtual Data Room

    Entry Level Price
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    Free Trial
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    100% in Virtual Data Room Software
  • RCM Virtual Deal Rooms

    Securely Store & Share Confidential Commercial Real Estate Documents
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    Whether you’re managing acquisitions, dispositions, asset portfolios, or the fundraising process, RCM’s Virtual Deal Rooms provide a secure way for commercial real estate professionals to share and store sensitive information online. Easily distribute confidential documents within your firm and across professional networks anytime, anywhere, and from any device — and do it all with the confi ... read more about RCM Virtual Deal Rooms

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Virtual Data Room Software
  • RealX.pro

    Capital Markets dealflow platform
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    Shorter sales cycle. Better value for your property. RealX.pro is a closed real estate sales platform for the Capital Markets segment serving the brokers, investors and banks. One secure platform for the entire community. Rapidly growing number of investors and banks prefer RealX.pro for receiving investment information (Aberdeen, Sagax, UBM Development, Nordea, Danske etc.). Over 400 real estate ... read more about RealX.pro

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    Free Trial
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    Category Focus
    100% in Virtual Data Room Software
  • RJ Data Rooms

    virtual electronic data room
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    rj data rooms are a secure online virtual space for sharing your documents, where you can in comfortable and user-friendly way share various digital documentation with the your business partners and/or its employees or associates. Virtual data room is a web based application which supplies its users with comfortable and easy control of the uploaded and shared documents including various options of ... read more about RJ Data Rooms

    Entry Level Price
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    Free Trial
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    Category Focus
    100% in Virtual Data Room Software
  • TransCEND

    Beyond Secure
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    TransCEND enables organizations to control access to information wherever it goes, both within and outside of the organization’s boundaries. The ability to remotely control who can view, edit, and distribute unstructured information empowers organizations to embrace external collaboration with confidence. TransCEND is helping 100,000 professionals across 1,000 organizations around the world achi ... read more about TransCEND

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Virtual Data Room Software
  • Drooms TRANSACTION

    Work more efficiently than ever
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    The virtual data room for transaction due diligence - now with blockchain technology. Streamline due diligence processes and get the deal done with the leading European virtual data room provider. Whether your working around the clock on an M&A transaction, a structured finance deal, a restructuring and insolvency process, a fundraising campaign, a real estate asset sale, IPO or NPL transaction we ... read more about Drooms TRANSACTION

    Entry Level Price
    $14.45 Per Month
    Free Trial
    30 Days
    Category Focus
    100% in Virtual Data Room Software
  • EthosData

    A simple, secure and quick data room service to simplify your transaction.
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    Using our award-winning service of easy-to-use data rooms and experienced teams of professionals, multiple parties can work on a deal’s confidential information. Your data room is launched in just 5 minutes. Our intuitive platform requires no plug-ins and lets you bulk ‘drag and drop’ to move files quickly. Set access levels and keep files protected with enterprise grade security. Track all ... read more about EthosData

    Entry Level Price
    $180 Per Month
    Free Trial
    30 Days
    Category Focus
    100% in Virtual Data Room Software
  • Firmex

    The World's Most Trusted Virtual Data Room
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    Intuitive, affordable, secure - thousands of companies worldwide choose Firmex Virtual Data Room (VDR) solutions to securely share their highly confidential documents. Our online data rooms are so easy to set up and use, customers can immediately control, share, collaborate and track the use of confidential documents. Whether you are looking to acquire or sell a company, raise funds, undergo a fin ... read more about Firmex

    Entry Level Price
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    Free Trial
    14 Days
    Category Focus
    100% in Virtual Data Room Software
  • ShareVault

    THE ULTIMATE VIRTUAL DATA ROOM for organizing and sharing confidential documents
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    ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other vital business processes. The on-demand platform is an innovative cloud computing solution that enables its customers to manage critical time-sensitive and document-centric processes faster and easier. ShareVault can be used in a variety of business transaction scenarios to provi ... read more about ShareVault

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    Free Trial
    Available
    Category Focus
    50% in Virtual Data Room Software
  • Datasite Diligence

    Leading Data Room for M&A Due Diligence
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    Dealmakers require tools with features and capabilities that anticipate any roadblock they may face. With Datasite Diligence, you can set up a virtual data room (VDR) faster than ever before while gaining access to a set of leading features and expert support designed to keep your deal moving forward no matter the situation. Datasite is a leading global SaaS provider for participants in the M&A li ... read more about Datasite Diligence

    Entry Level Price
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    Free Trial
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    100% in Virtual Data Room Software
  • Brainloop DealRoom

    Information security for your company
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    Brainloop is the leading provider of highly secure data room solutions for secure collaboration on confidential documents. Our data room solutions support efficient, digital and highly secure collaboration both internally and with external business partners. Starting with day-to-day business with sensitive information, through high-security processes in management and supervisory board communicati ... read more about Brainloop DealRoom

    Entry Level Price
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    Free Trial
    Available
    Category Focus
    100% in Virtual Data Room Software
  • Onehub

    Better way to securely store and share your business files in the cloud.
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    Onehub maintains your existing folder and file structures with secure online document sharing and collaboration. Onehub allows you to remain hyper-organized and access your files from anywhere. All of your content is kept secure via precise permission controls that limit abilities by roles such as Viewer, Creator, and Administrator. Organize your most sensitive business information and securely sh ... read more about Onehub

    Entry Level Price
    $15 Per Month
    Free Trial
    14 Days
    Category Focus
    14% in Virtual Data Room Software
  • ContractZen

    Governance Suite crafted for your peace of mind
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    Ready-to-use cloud service with contract management, board portal, VDR, eSignatures and more! ContractZen is your digital hub for corporate governance. Forget the time-consuming and expensive implementation projects and consulting. Loved by customers from over 30 countries, ContractZen is a revolutionary cloud service for organizations of all sizes to eSign and manage contracts, financial documen ... read more about ContractZen

    Entry Level Price
    $9.50 Per Month
    Free Trial
    30 Days
    Category Focus
    25% in Virtual Data Room Software
  • FirmsData

    Simple, secure and quick data room platform to simplify your transaction
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    FirmsData is a virtual data room provider for sharing sensitive business data. It enables secure document sharing for due diligence, mergers and acquisitions, licensing deals, strategic partnerships, audits, business valuations, legal events, and ongoing corporate document storage. We are ISO 27001 certified, the world's best-known standard for information security management systems. Also, we ... read more about FirmsData

    Entry Level Price
    $500 Per Month
    Free Trial
    14 Days
    Category Focus
    100% in Virtual Data Room Software
  • Mobilu Virtual Data Room

    Virtual Data Room for Secure Data Collaboration
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    Elevate your data management with Mobilu's Virtual Data Room. It offers advanced security, real-time tracking, and streamlined due diligence. Features include digital identity and permissions, data storage management, safe document management, digital signature, task automation, collaborate & audit and reporting and analytics. Enjoy 24/7 support, integrations, and customized branding. Make your da ... read more about Mobilu Virtual Data Room

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Virtual Data Room Software
  • Timeref

    Data Room & Digital Vault AFNOR NF 203 certified, get your deal done a secure your documents.
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    Timeref is the first virtual data room certified AFNOR NF 203. The certification control : - The data room security - The data room conformity - The data room quality Timeref allows companys to keep secure confidential documents during an M&A transaction, fundraising, or just sharing confidential files. Try Timeref Dataroom made for Mergers and acquisitions deals. Centralize, auth ... read more about Timeref

    Entry Level Price
    $55 Per Month
    Free Trial
    15 Days
    Category Focus
    70% in Virtual Data Room Software

Frequently Asked Questions

What is a Virtual Data Room Software Used for?

Virtual data room software or VDR software is used to store multiple documents and files containing sensitive and confidential information. Data relating to financial information, legal issues, taxation, trade secrets, copyright certificates, etc., are usually stored using virtual data room software to keep them private and secure. All this information should be easily accessible by the users when required but simultaneously be protected from unauthorized access. This is where virtual data room software comes into the picture. Below mentioned are some of the most prominent uses of virtual data room software;

Merging & Acquisition - Companies going through mergers and acquisitions must share many documents with multiple parties in a secure environment. A virtual data room software simplifies the process of managing merging and acquisition for all the parties involved.

Intellectual Property & Copyright - The companies must securely share their intellectual properties and copyrights with external legal departments or organizations. A virtual data room software helps share such sensitive information without any risk.

Financial Reporting - The virtual data room software allows equity investors and financial organizations to share portfolio information, financial reports, and other critical information with high-end security.

What Are the Main Features of a Virtual Data Room Software?

File Permissions

Virtual data room software allows you to set file permissions for viewing, modifying, deleting, and downloading documents. Suppose you don’t want a particular document to be downloaded or edited by another user. You can set its permissions as “view only,” thereby assuring that the document is protected from misuse.

Data Organization

The virtual data room software systematically organizes the documents eliminating duplication issues. Searching for a specific document gets more accessible, even if you don’t remember the file name. You can search for the same document by hinting at a portion of the text within the file. 

Alerts and Notifications

The virtual data room software alerts the users whenever any documents have been accessed, changed, or tampered with. It also notifies the users when required to take action like viewing and signing a document.

Uploading Files

Many virtual data room solutions allow you to upload multiple files simultaneously. In contrast, some may also have a drag-and-drop feature that enables you to upload one file at a time.

Communication & Collaboration

Besides sharing and accessing documents, the virtual data room software allows users to add comments or suggestions based on their digital rights.

Virus Scanning

The virtual data room software automatically scans the documents while uploading to prevent viruses or any malware that can affect other documents that are already present on the server.

Why Should I Invest in Virtual Data Room Software?

Virtual data room solutions are built explicitly for sensitive business data. The virtual data room systems include high-end security features that help companies manage merging & acquisition events, financial portfolios, etc. With file-sharing tools like Google Drive and Hightail, handling critical business processes becomes slightly challenging. The virtual data room solutions are built with multiple layers of security and encryption that can protect the data exponentially.

How to Select the Best VDR Software?

Identifying your Business Needs and Abilities

The first step is to identify the purpose and see if the Virtual data room software you plan to buy can enhance your current business practices. Also, you need to analyze your technology capabilities and select a compatible option accordingly.

Check Features

Just go through the details about the features of the virtual data room software before making a selection. The virtual data room software you select should include features that can help you achieve your business goals.

Consider Budget

The cloud-based virtual data room solutions are available at a monthly subscription price and thus are affordable and cost-effective. Still, you need to consider your budget before shortlisting the options suiting your business strategies and the number of users using virtual data room software in your organization.

Compare Different Virtual Data Room Software

Comparing different virtual data room software is now easy with the help of GoodFirms. The experts at GoodFirms have curated the list of the best virtual data room software that will help you pick the right VDR software for your business. This list includes in-depth details and authentic reviews for each software to help you make the right purchase decisions.

Do you have any more questions? Please feel free to contact us.

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