According to its website, the Dataroom software allows users to securely manage, store and share important documents. It is used for due diligence in M&A loans, loan syndications, licensing and restructuring transactions. It boasts faster uploads, security measures, such as SmartLock that allows administrators to deactivate access to files after downloads are complete, built-in redaction features and DocuSign integration. The system has dedicated project managers, as well as security that is bank-grade.

Other features include drag and drop file upload for bulk uploads, invitations custom watermarks. They also provide advanced notification and data analytics audit trails, reports and reports. Its price is competitive. It is often referred to as VDR (virtual deal room). It is able to be integrated with other tools to improve workflows. It offers a free trial. The software is compatible with both Linux and Windows.