Datasite is a reputable virtual data room that gives powerful tools to assist companies close business deals faster. It comes with a robust support system that enables customers to contact representatives via chat, email or phone in up to 14 languages.
DataSite provides a cloud-based platform that helps with due diligence and helps investment bankers, M&A professionals and law firms close deals through folder indexing and file organization, as well as simple document retrieval. The platform also comes with the ability to control access for administrators to control who can view, edit and download files. Its built-in redaction feature helps streamline due diligence with image and text redacting, which automatically identifies sensitive information.
Data encryption is available in transit and at rest. A vulnerability assessment program allows professionals from outside to test out the platform’s defenses. Datasite is HIPAA compliant and has a certified ISO 27001 environment. Staff members receive regular training on security standards and annually affirms their code of conduct and confidentiality agreement.
Datasite’s robust capabilities have made industry analysts recognize it as one of the most sought-after data rooms. It is used by a wide range of businesses that include legal services, financial services oil and energy, banking as well as pharmaceuticals and healthcare and technology sectors. Its user-friendly interface makes it easy for users to upload their documents and arrange them into directories. The drag-and-drop and intelligent file uploading features reduce the time required to create an information room.