Virtual data rooms are the perfect solution for businesses who want to share sensitive information safely and in a private manner. Whether your business is looking to sell itself, raise capital or work with partners and investors, an VDR can make any deal that requires sharing of private documents that much easier. Modern VDRs are less expensive than free file sharing software and include features that are practical, such as the ability to grant permissions to documents and digital files, encryption, audit trails, and dynamic watermarking that permits users to be identified with their login ID or device.
One of the most frequent use cases of virtual data rooms is due diligence, with the buy-side having to look over a large amount of documentation from the seller prior to approving an agreement. However, VDRs are also used by life science companies to communicate clinical trials results, HIPAA compliance and licensing IP. The real estate and immovable property industry can benefit from a secure, malleable way to conduct deals and release documents.
All industries can benefit from a VDR. This includes those that need to share confidential information with investors, partners and clients. CapLinked is a VDR that’s built for seamless project management. It provides 24/7 professional customer support via live chat in the app, via phone and email, as well as mobile apps that allow you to access documents from anywhere. CapLinked is secure and backs up its promises, from document encryption to monitoring user logins to dynamic watermarks, and industry-leading data centres that guarantee that your documents are secure and private no matter where they are displayed.