https://productdataroom.com/transformation-processes-with-ma-vdr/

A data room is a virtual location where multiple stakeholders can access and share sensitive information in a secure environment. It is used for M&A due-diligence (a procedure where businesses assess the risks of acquiring another company) as well as fundraising, legal proceedings, and other kinds of business transactions.

You can upload documents to a VDR and share them with users who have been granted permission by the administrator. This lets you centralize your documents for speedy and easy review. Users can also use tools like metadata, search, and in-document navigation, to efficiently discover and view the documents they require. In addition, users can monitor activity to track how often they interact with documents in a data room, and gain visibility into who is able to view what information.

An investor data room is a powerful tool to leverage during the process of funding. You can upload confidential financial information, such as revenue projections, IP documentation, and complete financial records that investors can examine in depth. This speeds up the funding process and increases confidence of investors in your company.

Many businesses make use of email to share and store important documents. However this method can be messy and inefficient. 46 percent of employees say it’s difficult to find the information they need in their company’s email. 83 percent of respondents reported that they’d re-created documents due to the fact that they couldn’t locate the original versions. Data rooms offer an alternative to this chaos of document sharing and storage.