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Top 5 Benefits of Using a Virtual Data Room for Secure file Storage
2/20/2025
Amalgamation vs. Merger: What’s the Difference and Why Should You Care?
2/18/2025
What is FTP? Limitations of FTP & Modern Alternatives to FTP
2/17/2025
LockRoom Vs. Google Drive: Which One Is the Right Choice to Use for Your Business?
2/13/2025
Top 10 Data Room Providers for Startups in 2025
2/12/2025
The Ultimate Guide to Fundraising Platforms: Features, Benefits, and Tips
2/10/2025
Frequently Asked Questions
Virtual Data Rooms have features that other file sharing services do not:
- Advanced Security Protocols for Compliance
- Activity Tracking
- Export Audit Logs Export Data Room Indexes
- Special Access Restrictions
- Watermarking for Documents
A data room is a secure place to store and share business documents for M&A deals, fundraising, and other activities that require due diligence. Data rooms are also used by law firms and journalists for regulatory reasons.
LockRoom was built specifically for boutique banks and M&A Advisors that work on multiple sell-side deals at the same time. That being said, it can be used for any/all M&A transactions, IPOs, etc.
- Drag & drop your existing folder structures
- Add users by entering their email
- Give or restrict access to files
That is for you to decide! This Data Room Comparison Chart allows you to compare the top data room providers.
Anywhere from $300-$1,200/month.
Check out this blog post on 'How Much Should a Virtual Data Room Cost?' if you want to learn more.