The most reliable data rooms are secure online repository software that enables individuals and businesses to collaborate through file sharing and document management features. These virtual tools are designed to make it easier for various processes such as M&A due diligence and the archiving process, with a focus on keeping sensitive information protected. These 20 options can assist you in choosing the right solution for your company, depending on your specific needs.

iDeals offers the VDR with a range of features including document sharing and tracking. It includes a customizable user interface and dynamic watermarking, as well as unique tagging to make it easy to find and context, as well as granular permissions. It has real-time reporting and zero-plugin stability, also an indexing system that automatically adds uploaded files to a archive. It is suitable for large and medium-sized companies and freelancers.

Intralinks VDR is a business-grade platform that helps elevate M&A processes by streamlining high-stake deals. It is user-friendly and is accessible from desktops and mobile devices. It also provides strong security features like permanent data encryption, user-managed permissions and advanced IRM. It comes with a variety of additional features that can help with the M&A process, such as flexible workflows, advanced searching capabilities, DocuSign integration, and more.

Merrill Datasite is an online VDR that is a great option for private equity, corporate development, and law firms. It has industry-leading security and can satisfy the most stringent requirements. It comes with a drag-and drop file upload option and can be published immediately or set to publish later. It environmental management system for business comes with visual analytics as well as an activity monitor for users. The software is cloud-based and works on all major browsers.