https://dataroom-software.org/how-to-use-a-virtual-data-room-for-the-due-diligence-process
A dataroom is a digital repository which allows multiple parties to transfer and access files. These tools are utilized to facilitate due diligence in M&A loans, loan syndications licensing private equity, venture capital and other transactions performed by bankers, attorneys and investors. There are many options available for datarooms. Certain dataroom software is more popular than others. SmartRoom is a top choice for investment banks, M&A and structured finance. It comes with an upload speed of 5MB and granular control using SmartLock and redaction, DocuSign integration, and a dedicated project manager. It also has a 4.8-star rating on Capterra. Another alternative is Content Snare, which focuses on information requests, rather than document management.