Dataroom Software

dataroom software

Dataroom software is a virtual repository that allows several parties to access and transfer files. These tools are used to aid in due diligence in M&A, loan syndications, licensing venture capital, private equity and other transactions performed by lawyers, bankers, and investors. There are many options available for datarooms. Certain are more popular than others. SmartRoom for instance, is primarily used by investment banks, M&A, and structured finance, and it features upload speeds of up to 5MB per second, a highly precise control system with SmartLock redaction DocuSign integration, and dedicated project managers. It also has a 4.8-star rating on Capterra. Another option is the Content Snare which focuses more on information requests rather than document management.