Virtual Data Room is a secure online solution for you who want to save and share many files easily. Especially for businesses that require huge data for their operations. This VDR is really helpful and very simple to access the data wherever and whenever. What is the best Virtual Data Room provider?



List of VDR Providers and Comparison


Each provider of VDR offers different prices, features, and functions as well. It is important to know what are the differences between each kind of VDR provider before you choose the best one. Below are the detail for you to know, those are:


Deal Room

This kind of Virtual Data Room provider is very recommended for corporate development and M & A or Merger and Acquisition. It helps much to move, share, and save data from previous related companies to the new company after acquisition without worry the data will be lost.


The price that they offer is quite affordable around USD 1250 annually. But, you can try 14 days for a free trial. It can enhance due diligence and encourage effective communication also. The management workflows will be optimized well.



IDeals

This iDeals Secure Data Room Provider is one of the best recommendations for small to large projects. It offers three pricing plans and provides a free trial for the new user for around 30 days. IDeals will be a good solution for a sophisticated and trusted VDR.


They are experienced with the good results as it has been tried and tested by the investment bankers, top managers of enterprise, and lawyers around the world. IDeals always listens and offers the customer more comfortable, secure, and fast solutions to achieve their goals.


Below are the features that are available, those are:


Upload the file easily by drag and drop

Provide bulk upload facility in unlimited size, format, and number of the file

Available with full-text search and automatic index numbering

This VDR is compatible in most of platforms such as Mac, Windows, Linux, iPhone, and Android


Intralinks

The Virtual Data Room Provider Intralinks is very suitable for medium and large businesses that want the ease of huge data. The price is affordable around $25 per month and you can get a free trial for 30 days.


It provides a variety of solutions for Merger & Acquisition. Beside, it offers advanced features such as managing files with AI, analyzing, Intuitive User Interface for ease of use, watermarking, and auto-indexing. You will get some features as below:


Easy drag-drop functionality

Detail report and activity on data room

Upload file and folders in huge file

Rename before uploading the data

Merrill Datasite

This is one of the best recommendations for medium and large size businesses. It can be used as an online data room solution and suitable for Corporate Development, Law Firms, Investment Banking, or Private Equity.


This VDR provides visual analytics and allows the user to customize the settings. You can also manage the document activities easily. Don’t worry with the security as Merrill Datasite provides industry-leading security. So, it satisfies the most stringent security requirements ever.


Below are the features that you will get, such as:


Permission management of features

Contextual search

Drag-and-drop functionality to upload files

Publish the files instantly or set whenever you want

Setting of document access levels according to roles

By using this Merrill Datasite, you will get the advantages such as allowing you to upload zip files until 50 GB. It is the best virtual data room solution for Mac and Windows platforms.


BrainLoop

Either small, medium, or large businesses are very suitable to use this Virtual Data Room provider. It offers you a free trial as their services if you need to try it first before buying it. Actually BrainLoop is a SaaS solution to protect the organization’s data.


It offers a solution for Board and committee communications, Secure Collaboration, also M&A and Due Diligence. Below are the features that they offer, those are:


Supports for online or offline mode and you can access it without internet also

You can access readily data in all mobile devices

Provide native working experience

Integrated into Microsoft Office

Watchdox

This kind of Virtual Data Room provider is available for small, medium, and large businesses. It can be compatible with many devices and operating systems and the price is affordable. You can try it first before buying the product.


Actually, this Watchdox is a solution which is provided by Blackberry for their workspaces. But, this can be available also in other operating systems such as Windows, Mac, Android, and iPhone. It provides secure Enterprise-grade for file sharing and syncing. Below are the features:


Provides 256-bit encryption to files with AES-certified

Supports all the existing data stores and no need to do migration

Provide detail of activity log

Based on the above Virtual Data Room provider’s comparison, then you can consider all the specifications and features before making a decision.