VDR is a secure repository that permits authorized users to interact with data and documents via a mobile app or web browser. A VDR is armed with advanced software features such as document indexing and full-text searching as well as favorites, endless scrolling, auto-renumbering, and endless scrolling. Activity logs are built-in to ensure transparency and accountability. They record and document the user’s actions as much as the date and time.

VDRs are commonly used for M&A as well as due diligence and investor gatherings. However they can also be utilized by businesses that have to share sensitive information with external More Info stakeholders. Investment bankers utilize VDRs to exchange information about contracts with potential buyers and investors in a secure online setting. VCs and private equity firms are also business leaders who make use of VDRs to organize and share reams of information. Legal teams also leverage a VDR to collaborate on complicated business agreements and regulatory filings.

The top-rated vdrs for marketing providers are focused on security to ensure the integrity of data and privacy with features like encryption in flow and at rest multi-level authentication techniques, discrete end user permissions as well as document-level defenses such as watermarking or disabled printing. They also focus on compliance to ensure that their systems meet industry standards such as HIPAA, CCPA and GDPR.