Dataroom Software

A dataroom software program is an online repository that permits multiple parties to access and transfer files. These tools are used by lawyers, bankers and investors to facilitate due diligence in M&A and loan syndications as well as licensing, private equity, and venture capital transactions. There are many options for dataroom software. Some are more popular dig this than others. SmartRoom for instance, is used primarily by investment banks, M&A, and structured finance. It has an upload speed of up to 5MB per second, as well as a granular control system with SmartLock and redaction, DocuSign integration, and dedicated project managers. It has a 4.8 rating on Capterra. Another option is the Content Snare which is more focused on information requests rather than managing documents.