For companies with sensitive data that must be kept private and secure, virtual data rooms provide the solution. Whether your company is looking to sell itself, raise capital or work with partners and investors or investors, the use of a VDR makes any deal that requires sharing confidential documents that much easier. When compared to free file sharing tools, modern VDRs provide transparent pricing and functional features that are actually used, such as granular authorization settings for digital files and documents as well as security levels such as encryption audit trails, dynamic watermarking to identify users by their login ID and device.

Among the most common use cases of virtual data rooms is due diligence, with the buy-side needing to read a lot of documents from sellers before approving an agreement. However, VDRs can also be utilized by life science companies to share merrill datasite results from clinical trials, HIPAA compliance and licensing IP. Real estate and immovable property can benefit from a secure and flexible way to conduct transactions and release documents.

The perks of the advantages of a VDR are available to all businesses that require to share personal information with partners, investors and clients. Instead of relying on generic tools, it’s more beneficial to invest in an enterprise-grade VDR like CapLinked, which is designed to manage business projects seamlessly and includes professional 24/7 customer support via live chat in-app, phone and email -and also mobile apps that are responsive, letting you access your documents from any place. And it comes with the security to support its claims – from document encryption as well as monitoring logins of users and dynamic watermarks to industry-grade data centers that ensure your documents and privacy remain safe regardless of where they’re viewed.

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