According to its website, the Dataroom software allows users to safely manage, store and share important documents. It is used to perform due diligence in M&A, loan syndications, licensing and restructuring transactions. It is faster to upload files, and has security features like SmartLock, which allows administrators to revoke access after downloading documents, built-in redaction and DocuSign Integration. The system includes dedicated project managers as well as security that is bank-grade.

Other features include drag and drop file upload in bulk, bulk uploads of documents and invitations customized watermarks, advanced notifications and data analytics as well as audit trails and reports. The prices are competitive. It is often described as VDR (virtual deal room). It can be easily integrated with other tools to enhance workflows. The software is available as a free demo. The software is available for Linux and Windows operating systems.

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