When using the Merrill data room, what immediately jumps out is that it is intended for large enterprises who are engaged in extremely complex projects or transactions. This is reflected in their pricing plans. However, if you were hoping to try out the Merrill data room before buying a plan, there is no free trial available. Also, there are no live training available, so it is almost as if they want you to buy a super expensive product that has a lot of question marks surrounding it and without a flexible pricing plan, you could get locked into an expensive price that could really hurt the entire project.

The Merrill VDR has a long history dating back to 1967 and compliments other services that Merrill provides. The Merrill datasite will be able to take a load of handling content off your shoulders and delegate this responsibility to Merrill so that you can focus on all of the nuances that come with running your business. They do their absolute best to provide the best interaction and collaboration between both internal and external teams and this is really evident when having to handle complex projects that require a lot of data.

However, it appears that you would be able to enjoy all of the benefits that data room software in conjunction with other software that Merrill offers Bridge, Connect, and DPA. This really makes it much more expensive than other data room providers because the electronic data room is expensive all by itself, not to mention the abundance of other tools that you are forced to pay for, regardless of whether you will be needing them or not. Therefore, be sure to come up with a list of exactly what you will be needing besides a data room, then it would be better to shop for other virtual data rooms that will provide with the services that you actually need.

Also, customization is virtually nonexistent in the Merrill datasite. There are no custom domains, agreements for accessing the data room, active directory integration or integration through APIs. If you are fine with conforming to what Merrill offers, then there will not be any problems, but if you are looking to customize the data room or access it through an iOS or Android application you will run into many problems since these services are not supported.

Features Checklist:

Industry Solutions
Bankruptcyyes
Biotech Licensingyes
Board Portalsno
Clinical Studiesno
Debt Financingyes
Distressed Real Estateno
Document Repositoryyes
Due Diligenceyes
Fundraisingyes
Hedge Fundsno
IPO & Exitsyes
Litigationyes
M&A Buy Sideyes
M&A Sell Sideyes
Post Mergerno
Private Equityyes
Procurement Managementno
Restructuringno
Files & Folders Management
File Formats SupportedAny file types can be uploaded. PDF and MS Office files can be viewed, any other file types must be downloaded to view
Automatic Numerical Indexing of Files & Foldersyes
Drag & Drop Upload of Multiple Files and Foldersyes
Desktop Synchronizationno
Archives Upload & Extractionno
Export of Data Room Index to Excelyes
Document Version Controlno
Multilingual Documents Indexno
File Protection & Digital Rights Management
Granular Document Permissionsyes
View-Only Accessyes
Prevention of Download, Print and Copyyes
Remote Shredding of Documentsno
Customizable Document Watermarksyes
Secure Fence Viewno
Document Access Expiryno
256-Bit SSL/TLS Encryptionyes
Data at Rest Encryptionyes
Data Hosting & Infrastructure Security
99.9% Uptime Guaranteeyes
ISO 27001 Certifiedyes
SOC 2 Certifiedno
SSAE 16 Certifiedno
Data Backupyes
Virus Scanningno
Access Security
Two-Factor Authenticationsyes
Mobile Device Managementyes
Granular User Permissionsyes
Permission Groupsyes
Access Expirationyes
Access Limitation by IP Addressno
Accessibility & Ease Of Use
No Pluginsno
Scroll-Through Web-Based Document Vieweryes
Web-Based Excel Spreadsheets Vieweryes
iOS Applicationno
Android Applicationno
Mobile Device Interfaceno
User Interface LanguagesEnglish
Search, OCR & Filters
Search by Nameyes
Search by Content (Full Text Search)yes
OCR (Optical Character Recognition)no
Filtering by Parametersno
Collaboration Features
Basic Questions & Answers Moduleno
Advanced Questions & Answers Moduleno
Secure User Messagingno
New Document Email Notificationsyes
Files & Folders Notesno
Activity Tracking & Reporting
Tracking of All User Activityyes
Real-Time Audit Trailyes
Graphic Reportsno
Exporting Reports to Excelyes
Tracking of Document Viewing Timeyes
Scheduled Reports (Sending to Email)no
Customization
Branded User Interfaceyes
Custom Domainno
Custom Login Pageno
Custom User Invitation Letteryes
Custom Agreements for Accessing Data Roomno
Active Directory Integrationno
Single Sign-On Integrationno
Customer-Managed Encryption Keysno
Integrations Through APIsno
Custom Workflows and Featuresno
Support & Services
Business Hours Supportyes
24/7 Email Supportyes
24/7 Phone & Email Supportyes
Online Help Centerno
Live Trainingsno
Dedicated Project Managerno
Data Room Archive on DVD or USB Driveyes
Translation Servicesno
Support LanguagesEnglish
Deployment Options
Cloud (Web-Based)yes
On-Premise (Installed)no
Multiple Datacenter Locationsyes
Trial & Pricing
Free Demoyes
Free Trial14-day trial
PriceANNUAL: $200/month, 3 MONTH PLAN: $300/month, 1 MONTH PLAN: $400/month
Company Info
Established2012
LocationsUnited States
Employeesno data
ClientsLogicMonitor, AppScale Systems, AcuFocus, Inc., PlantForm, Sovance, LLC, Strategic Finance, Tracon Pharmaceuticals, Ansible Works, Clean Diesel Technologies, Lastline, Inc, Inogen, The Corum Group, Stradling Yocca Carlson & Rauth