Datasite is a reputable virtual data room that offers powerful tools that help companies close deals more quickly. It offers a robust support system which allows customers to reach representatives via chat, email or telephone in up to 14 languages.
DataSite provides a cloud-based solution that helps with due diligence and assists investment bankers, M&A professionals and law firms close deals by using folder indexing and file organization, as well as simple document retrieval. DataSite also offers specific access controls that allow administrators to determine which users can view, edit or download files. The platform’s redaction feature automates due diligence by her explanation automatically identifying sensitive information with its redaction of text and images.
Its security features include encryption of data during transit and in rest, and a vulnerability assessment program that lets independent professionals test the security of the platform. Moreover, Datasite is HIPAA compliant and is certified and audited under the ISO 27001 environment. The employees are regularly trained on security standards and also sign their code of conduct and confidentiality agreement every year.
Datasite’s robust capabilities have led industry analysts to recognize it as one of the most favored data rooms. Datasite is in high demand by a broad range of companies, including legal services, financial services, banking, oil and energy, healthcare and pharmaceuticals, and technology sectors. It offers a user-friendly interface that makes it easy for users to upload documents and arrange them into directories. The drag-and drop and intelligent file uploading features cut down on the time needed to create the data room.