Virtual Data Room Providers are online repositories that allow the storage and sharing of business documents. Users can collaborate, monitor and control access to files. They can be used by companies in a variety of industries to share confidential information with parties outside the firewall. There are a variety of factors to consider when selecting the right VDR provider, including price as well as ease of use and customer support.

Citrix ShareFile is an online collaboration and file-sharing solution that provides a range of security features that protect sensitive information. There are e-signatures and watermarks as well as downloading trackers and the capability for users to cancel their access after a file has been downloaded. It also comes with a fully mobile app and is compatible with Windows, Mac, iOS and Android devices.

The platform is used by law firms, investment banks, real estate pharmaceutical and biotech companies and funds. It supports a wide range of document formats and provides OCR document previews, document search, and smart AI categories for navigation. It also offers a range of integrations.

The cloud-based VDR was created to be easy to use. It is mostly used for M&A due-diligence as well as asset sales, real estate transactions, fundraising and more. It has a clean, intuitive design that allows users to organize their projects into unlimited workspaces. Users can create folders and upload files in a variety of formats as well as advanced search and filtering features make it easy to find documents.

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