TLDR: Short on time and want to jump straight to the answer?
As per our research, the best Data Room Software for most people is SecureDocs.
Data room is an in-house solution for storing, managing, and filtering large amounts of data. You can rent one for a one-time fee or purchase one for a monthly subscription and have access to a few select applications within. The best thing about a data room is that it connects directly with your data sources while giving you the ability to search through and analyze the material instantly. The benefits of data room software include speed to insight, customizability, transparency, and confidentiality, accuracy and reliability, cost-effectiveness, and easy distribution. These features allow analysts to work with massive amounts of data without having to physically lifecycle it or deal with IT support.
After researching dozens of Data Room Software options available in the market today, we have compiled this list of top 8 Data Room Software to help you find the perfect solution based on your specific needs.
The 8 Best Data Room Software
Here are our top picks for the best Data Room Software,
- SecureDocs – Overall Best Data Room Software
- Intralinks – Simple and Easy to Use Virtual Data Room for Beginners
- Datasite – Most Popular Data Room Software
- DFIN Venue Data Room – Most Versatile Virtual Data Room Service for Flexibility and Customization
- SmartRoom – Best Data Room for Startups with Fast and Reliable Support
- OverDrive.io – Most Affordable Secure Online Data Room
- DocSend Spaces – Best Freemium Virtual Data Room Provider
- iDeals VDR – Top Rated Virtual Data Room
So, let’s read on further to get a complete idea of our top Data Room Software picks for this year.
1. SecureDocs – Overall Best Data Room Software
Learn the what, why, who and tips about anything and everything related to virtual data rooms, along with how to compare providers for your organization. Virtual data rooms: Everything you need to know.
2. Intralinks – Simple and Easy to Use Virtual Data Room for Beginners
Protect your data with a virtual data room from intralinks. Learn how we can help you secure enterprise collaboration for M&a and legal transactions. Intralinks virtual data rooms – intralinks.
3. Datasite – Most Popular Data Room Software
Datasite the maker of datasite diligence virtual data room platform, helping dealmakers around the world close more deals faster. Datasite – premier SAAS solutions for M&a.
4. DFIN Venue Data Room – Most Versatile Virtual Data Room Service for Flexibility and Customization
Dfin’s venue® platform is a secure virtual data room for financial meetings where discretion is critical. Click here to learn more about this solution. Venue® data room – a smarter virtual data room – dfin.
5. SmartRoom – Best Data Room for Startups with Fast and Reliable Support
Everything you need to know about the virtual data room. Learn about vdr security, choosing a provider, and use cases for M&a, private equity, and how to streamline workflow and optimize deal management. What is a virtual data room, FAQ – smartroom.
6. OverDrive.io – Most Affordable Secure Online Data Room
Use overdrive to automatically create a virtual data room site using g suite content to help you securely share documents for deals, transactions and due diligence. Virtual data room using google drive – overdrive – overdrive.
7. DocSend Spaces – Best Freemium Virtual Data Room Provider
Use docsend’s virtual data room for secure document sharing. Provide viewers with all the documents they need with a single secure link. Create a virtual data room (Vdr) With docsend spaces – docsend.
8. iDeals VDR – Top Rated Virtual Data Room Provider
Thousands of companies trust ideals, the most innovative virtual data room provider. Get unlimited storage, support and flexible pricing today!. Ideals virtual data rooms – secure data room provider.
Final Thoughts – Best Data Room Software
The right Data Room Software for you, depends on your specific needs, of course. Most of our top Data Room Software picks include a free trial, so don’t be shy about trying a few different brands until you find a perfect fit.
In review, here are our top 8 picks for the best Data Room Software.
|Overall Best Data Room Software
|Simple and Easy to Use Virtual Data Room for Beginners
|Most Popular Data Room Software
|4. DFIN Venue Data Room
|Most Versatile Virtual Data Room Service for Flexibility and Customization
|Best Data Room for Startups with Fast and Reliable Support
|Most Affordable Secure Online Data Room
|7. DocSend Spaces
|Best Freemium Virtual Data Room Provider
|8. iDeals VDR
|Top Rated Virtual Data Room
We hope that you found this guide helpful in choosing the best Data Room Software for your specific needs. Feel free to share the article with your friends and help spread the knowledge.