Virtual data rooms are a great solution for businesses that require to share sensitive information safely and privately. A VDR can aid in any transaction that requires sharing confidential information easier to do so, regardless of whether your company is trying to sell itself, raise funds, or work with investors and partners. Modern VDRs are less expensive than free file-sharing software and provide practical features such as specific permissions for documents and digital files encryption, audit trails, and dynamic watermarking that allows users to be identified by their login ID or device.
Among the most common use cases of virtual data rooms is due diligence, with the buyer needing to go through a lot of documents from sellers before approving a deal. But VDRs are also useful for life science firms to share results of clinical trials, HIPAA compliance, licensing IP and patient records. The real estate and immovable property sector can also benefit from a secure, malleable way to conduct transactions and to share documents.
The advantages of the benefits of a VDR extend to all industries that need to share personal information with investors, partners and clients. CapLinked is an VDR designed to facilitate seamless project management. It offers 24×7 professional customer support via live chat within the app, on the phone, and email and also mobile apps that allow you to access documents from anywhere. And it comes with the security to support its promises – from encryption of documents, user login monitoring and dynamic watermarks to data centers that guarantee your documents and data are safe wherever they’re being viewed.