Deal data room, also known as virtual data room (VDR), is a secure online platform used for sharing and storing confidential business information during mergers and acquisitions, due diligence, fundraising, and other sensitive corporate transactions.
Advanced security features in the deal data room ensure that only authorized parties may access, read, and download the shared documents, such as two-factor authentication, data encryption, and access limits. Additionally, it enables administrators to keep an eye on user behavior, assign user permissions, and remove access to particular files or folders.
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