Dataroom Software


A dataroom is a virtual repository which allows multiple parties to share and access files. These tools are used to support due diligence in M&A loans, loan syndications, licensing, venture capital, private equity and other transactions conducted by bankers, attorneys and investors. There are many options available for datarooms. Some are more well-known than others. SmartRoom is a popular solution for investment banks, M&A and structured finance. It offers the fastest upload speed of 5MB and granular control through SmartLock and redaction, DocuSign Integration and a dedicated project manager. It has an 4.8 rating on Capterra. Another alternative is Content Snare which focuses on information requests, rather than document management.