Virtual data rooms are the best solution for companies that need to share sensitive information safely and in a private manner. Whether your business is looking to sell its assets, raise capital or collaborate with investors and partners, the use of a VDR makes any deal which requires sharing private information much simpler. Modern VDRs are less expensive than free file-sharing programs and offer practical features like the ability to grant permissions to documents and digital files, encryption, audit trails and dynamic watermarking which enables users to be identified via their login ID or device.
Among the most common use instances of virtual data rooms is due diligence, with buyers needing to read a lot of documentation from the seller before approving a deal. However, VDRs can also be utilized by life science companies to share results of clinical trials, HIPAA compliance and licensing IP. The real property and immovable property industries can also benefit from a secure, malleable way to conduct deals and disclose documents.
All industries can benefit from a VDR. This includes those that need to provide confidential information to investors, partners, clients and customers. CapLinked is an VDR that is designed to provide seamless project management. It provides 24×7 professional customer assistance via live chat on the app, on the phone, and email, as well as mobile apps that allow you to view documents anywhere. It also comes with security to support its promises, from document encryption monitoring user logins and dynamic watermarks to high-end data centers that guarantee your files and privacy are safe wherever they’re being viewed.