Best Virtual Data Room Reviews and Comparison For 202

Up until 2018, the virtual data rooms industry has been valued at over $1.8 billion. Moreover, it is forecasted to grow its value by up to $3.66 billion by the year 2027. If your company is not using a VDR yet and you are looking to invest in one, then this list of the top virtual data rooms to date might help you narrow down your options.

 

Imprima

Virtual data room providers such as Imprima are guaranteed secure, dependable, and incredibly easy to use. This virtual solution provides clients with a safe space to store and share files while keeping confidentiality and security to the maximum.

Imprima also provides stellar service in terms of customer support. The company offers 24/7 support all-year-round. Their dedicated team of customer agents is knowledgeable and reliable when assisting customers and addressing their concerns.

This VDR solution also provides several essential tools such as the following:

• Bulk Downloads Tool
• Drag and Drop Interface
• User Access Regulation
• Info Rights Management

The virtual data rooms by Imprima have helped several leading organizations across 160+ countries across the globe.

Lastly, the service provider also guarantees clients who invest in the platform guarantees to improve their productivity and efficiency levels through the provider’s innovation and investment in providing top-notch VDR technology.

 

iDeals

iDeals Solutions is among the top trusted and most sophisticated virtual data room services in the market to date. The solution has been well-commended for providing exceptional results, which have been tested and proven by top business managers, investment bankers, and lawyers worldwide.

iDeals is well-renowned for being one of the top result-oriented and versatile service providers on the market. They also have a stellar reputation when it comes to providing dependable customer support.

So far, iDeals has remained one of the industry-leading VDR service providers when it comes to security, comfort, and providing rapid solutions.

 

Google Drive

When it comes to the most popular virtual data room providers, any list would not be complete without Google Drive included in it. This VDR solution has been widely used worldwide to store and share photos, videos, contacts, recordings, presentations, and many more.

Another reason Google Drive is widely used is its free version, which is packed with an array of features. This solution also comes with a paid version with a starting price of $1.99 per month.

On the other hand, if you compare Google Drive to VDR providers such as iDeals, the latter has a couple of features that Drive does not offer. These include features such as desktop deployment and in-person training.

 

Clinked

Clinked is a virtual data room that allows businesses to bring their team closer within a customizable and guaranteed secure cloud workspace. This VDR solutions provider is widely used among enterprises across all industries, from SMEs to corporations.

Clinked’s feature-packed solution provides companies the opportunity to save time while boosting their business operation’s efficiency at the same time. Clinked is best for all business sizes aiming to manage collaborations, upload, and store documents online, share files on-the-go, and manage projects with the help of third-party app integrations.

Moreover, since Clinked is a cloud-based platform just like Google, this solution can only be deployed online. It can’t be installed on desktop computers.

 

SANsymphony

DataCore’s SANsymphony is a business-class virtual data room solution that delivers exceptional performance, top-notch storage infrastructure, and high availability. This VDR solution is also one of the providers with the lowest TCO (Total Cost Ownership).

SANsymphony is ideal for enterprise and mid-size businesses looking for efficient and secure storage and virtualization space.

However, unlike the previously mentioned VDRs such as iDeals, Google Drive, and Clinked, SANsymphony is not available for web-based, SaaS, and Cloud deployment. The solution is also not available for mobile devices or desktop computers with Mac OS. In other words, it can only be installed and deployed through desktop computers with a Windows operating system.

 

WebVision

WebVision is another one on the list of top cloud-based virtual data rooms in the market. This solution is well-renowned for providing impeccable assistance to asset managers in managing their business website’s content and investor gateways to optimize fund marketing and client reporting.

WebVision is specially programmed to aid private equities, hedge funds, wealth managers, and organizational asset managers. This virtual data room also works best as an asset management solution that helps establish a business’s online presence and effectively communicate with clients.

However, this VDR solution can only be deployed via SaaS, Cloud, and Web. Thus, if you are looking for a solution that you can install on your mobile device and computer, you might want to skip WebVision. You can opt for other solutions that offer a vast array of deployment capabilities.

 

Digify

When it comes to virtual data rooms that offer optimal security and ease of use, Digify is one of the top names that’s worth mentioning. This VDR solution provider boasts itself for providing top-tier protection while only taking minutes to install.

Thousands of businesses that use Digify worldwide save time and effort when sharing confidential files and documents with investors, partners, and clients. This VDR solution offers top-tier features, including document security, file watermarking, and automated file tracking at fairly reasonable price points.

Digify has also earned the RSA Innovation Sandbox’s title of being the most innovative service provider.

 

DealRoom

DealRoom is a virtual data room and productivity management platform. This virtual solution platform is programmed to help clients at each stage of their VDR journey.

DealRoom promises a stable and dependable VDR platform to keep all transactions on-track and alleviate any delays. Moreover, this service provider is 40 percent faster and is on average 50 percent less expensive than other traditional data rooms.

This VDR solution is best-suited for businesses and organizations of all sizes looking for top-rated software that allows them to streamline productivity and asset-related transactions‘  workflow.

 

Conclusion

Now that you know the current top virtual data rooms worldwide, your next step is to carefully pick a service provider that provides all the features and benefits that your business needs.