A secure dataroom is an online repository that allows for confidential documents from businesses to be shared during due diligence or legal transactions as well as funding. Due diligence was previously performed in physical locations like rooms at office of the try here company’s headquarters, offices of law firms or even a central location that was secure. Today due diligence is performed digitally and data can be accessed on demand via the use of a virtual platform.
When a project requires sensitive files to be shared with multiple third parties, the chance that these documents will end in the wrong hands is much higher when using file-sharing tools such as email or Google Drive than if a dedicated data room was employed. While these tools are excellent for sharing files with family and friends, they lack the security features necessary to share information with selected third parties in the course of a deal or transaction. These include user restrictions settings, granular auditory capability watermarks, and much more.
With CapLinked, an encrypted data room is a user-friendly software solution that offers a solid security layer to enable collaboration and document exchange with selected third party partners during an M&A or capital raising process. This software comes with a variety of advanced features that permit you to instantly remove sensitive information from files and folders or images, search for text within images, create multiple versions of documents (e.g. This includes a full suite of advanced features that permit you to automatically redact sensitive information from files and folders and search text in images, create multiple versions of the same document (e.g. These features can cut down the time required for teams to complete projects and make a more more informed decision during M&A or other business events.
