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What is ShareFile Virtual Data Room?

ShareFile Virtual Data Room is a cloud-based platform tailored to manage intricate and sensitive business dealings. It integrates high-level data protection with outstanding customer support available round the clock, enabling secure exchanges of confidential data while providing thorough IT management. By utilizing ShareFile VDR, organizations can streamline their approval and feedback workflows, thereby improving operational efficiency and increasing overall productivity. With around 88% of internal security incidents arising from human errors, the threat of hacking is considerable, and a single breach can cost companies as much as $8.64 million. The challenge of reconciling the flexibility of remote work with the necessity of stringent file security is addressed by the Virtual Data Room, which offers comprehensive enterprise-grade controls to manage access, storage, and distribution of sensitive information. Features like view-only permissions, detailed user access configurations, and dynamic watermarking give users full oversight of their data, ensuring effective protection of sensitive materials. In the rapidly evolving digital environment, possessing such extensive tools is vital for sustaining business integrity and fostering trust among stakeholders. Ultimately, organizations that prioritize data security while enabling efficient collaboration will find themselves better equipped to navigate the complexities of modern business transactions.

What is Drooms?

Drooms Hub is an AI-powered virtual data room platform that helps organisations securely manage confidential documents and information throughout complex business processes. It is used for due diligence, M&A, fundraising, real estate transactions and other sensitive projects. The platform enables teams to manage multiple data room projects through one central subscription, with secure document organisation, granular access controls, activity monitoring and collaboration for internal and external stakeholders. Drooms Hub provides integrated Q&A, built-in redaction, document translation, secure chat, automated indexing and reporting. An in-house AI Assistant supports faster document review and information discovery, while long-term document and asset lifecycle management helps organisations stay prepared for future transactions and projects. Drooms serves organisations internationally across real estate, corporate finance, financial services, legal services, energy and other industries that manage sensitive business information.

Media

Media

Integrations Supported

Axonius
ShareFile
Teamstack

Integrations Supported

Axonius
ShareFile
Teamstack

API Availability

Has API

API Availability

Has API

Pricing Information

$295.00/month
Free Version
Free Trial Offered?

Pricing Information

€49/month
3 data room projects, Secure document management in data rooms and portfolio views, Controlled access and permissions, Document collaboration with clear ownership, 24/7 email support, Unlimited data room projects, Advanced reporting and audit-ready insights, Batch operations and translations, Flexible scaling of storage and users, Extra services available on demand
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Progress Software

Date Founded

1981

Company Location

United States

Company Website

www.sharefile.com/plans/sharefile-virtual-data-room

Company Facts

Organization Name

Drooms

Date Founded

2001

Company Location

Germany

Company Website

www.drooms.com

Categories and Features

Virtual Data Room

Anonymity Management
Audit Trail
Collaboration
Data Protection
Data Storage Management
Document Tagging
Due Diligence Management
Procurement Management
Project Management
Role-Based Permissions
Secure Preview

Categories and Features

Virtual Data Room

Anonymity Management
Audit Trail
Collaboration
Data Protection
Data Storage Management
Document Tagging
Due Diligence Management
Procurement Management
Project Management
Role-Based Permissions
Secure Preview

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