This data room has managed to create quite a reputation for itself of the past ten years and has proven itself as leader among virtual data rooms available on the market today. In fact, it doesn’t even matter which industry you are in since you will be able to leverage the many collaboration and customization tools needed to perform all kinds transactions, conducting due diligence and pretty much anything else that your project entails. What really stands out is that everything was thought out and even the most tedious tasks can be accomplished with greater efficiency. You will be able to sleep soundly at night without having to worry about a possible data or security breach since there are firewalls and data encryptions protecting your data, not to mention innovative features such as the fence view, which acts as a physical barrier between the user and the data.

Considering everything mentioned above, perhaps what makes it the best virtual data room is its top-level security and commitment to facilitating the collaboration process. It has high-level security features that go above and beyond the standard ones offered by other data rooms that will allow you to rest assured knowing that everything you uploaded into the data room stays secure. Even with all of these security precautions in place, it does not hinder collaboration at all and some documents may even be accessed offline.

data room providers

Also, in order to facilitate collaboration, the iDeals VDR has a Q&A section, which really makes it easy for participants to communicate with one another in a secure manner. All of your communication stays secure and will be stored inside the data room should there be a need to review it. There are also settings that allow the room administrator to determine who can ask questions and even who can see the Q&A section. This really simplifies a lot of the difficult things associated with your project and allows you to perform them in an efficient manner.

Another great aspect of the iDeals Virtual Data Room is its customer service. Whenever you are starting to use a virtual data room for the first time, you will most likely have some questions regarding functionality. Many other virtual data rooms out there will transfer your call to an automated voice messaging system or their customer service teams are available during limited hours. The iDeals data room support team will be there for you 24/7 and, best of all, support is available in 12 languages.

When compared with other virtual data room providers it stacked up much better in various categories including usability, security and customer service.

Features Checklist:

Industry Solutions
Biotech Licensingyes
Board Portalsyes
Clinical Studiesyes
Debt Financingyes
Distressed Real Estateyes
Document Repositoryyes
Due Diligenceyes
Hedge Fundsyes
IPO & Exitsyes
M&A Buy Sideyes
M&A Sell Sideyes
Post Mergeryes
Private Equityyes
Procurement Managementyes
Files & Folders Management
File Formats SupportedAll MS Office document formats, as well as pdf, txt, pub, rtf, htm, html, mht, jpg, jpeg, jpe, gif, bmp, png, tif, tiff, wmf, and flv
Automatic Numerical Indexing of Files & Foldersyes
Drag & Drop Upload of Multiple Files and Foldersyes
Desktop Synchronizationyes
Archives Upload & Extractionyes
Export of Data Room Index to Excelyes
Document Version Controlyes
Multilingual Documents Indexyes
File Protection & Digital Rights Management
Granular Document Permissionsyes
View-Only Accessyes
Prevention of Download, Print and Copyyes
Remote Shredding of Documentsyes
Customizable Document Watermarksyes
Secure Fence Viewyes
Document Access Expiryyes
256-Bit SSL/TLS Encryptionyes
Data at Rest Encryptionyes
Data Hosting & Infrastructure Security
99.9% Uptime Guaranteeyes
ISO 27001 Certifiedyes
SOC 2 Certifiedyes
SSAE 16 Certifiedyes
Data Backupyes
Virus Scanningyes
Access Security
Two-Factor Authenticationsyes
Mobile Device Managementyes
Granular User Permissionsyes
Permission Groupsyes
Access Expirationyes
Access Limitation by IP Addressyes
Accessibility & Ease Of Use
No Pluginsyes
Scroll-Through Web-Based Document Vieweryes
Web-Based Excel Spreadsheets Vieweryes
iOS Applicationyes
Android Applicationyes
Mobile Device Interfaceyes
User Interface LanguagesEnglish, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese
Search, OCR & Filters
Search by Nameyes
Search by Content (Full Text Search)yes
OCR (Optical Character Recognition)yes
Filtering by Parametersyes
Collaboration Features
Basic Questions & Answers Moduleyes
Advanced Questions & Answers Moduleyes
Secure User Messagingyes
New Document Email Notificationsyes
Files & Folders Notesyes
Activity Tracking & Reporting
Tracking of All User Activityyes
Real-Time Audit Trailyes
Graphic Reportsyes
Exporting Reports to Excelyes
Tracking of Document Viewing Timeyes
Scheduled Reports (Sending to Email)yes
Branded User Interfaceyes
Custom Domainyes
Custom Login Pageyes
Custom User Invitation Letteryes
Custom Agreements for Accessing Data Roomyes
Active Directory Integrationyes
Single Sign-On Integrationyes
Customer-Managed Encryption Keysyes
Integrations Through APIsyes
Custom Workflows and Featuresyes
Support & Services
Business Hours Supportyes
24/7 Email Supportyes
24/7 Phone & Email Supportyes
Online Help Centeryes
Live Trainingsyes
Dedicated Project Manageryes
Data Room Archive on DVD or USB Driveyes
Translation Servicesyes
Support Languages:English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese
Deployment Options
Cloud (Web-Based)yes
On-Premise (Installed)yes
Multiple Datacenter Locationsyes
Trial & Pricing
Free Demoyes
Free Trial:30-Day Trial
Price:Starts from $99 per Month
Company Info
Locations:United States, Canada, Brasil, Turkey, UAE, Israel, United Kingdom, Germany, Russia, Cyprus, Ukraine, Hong Kong, Japan, India, China, Singapore