A VDR is a web platform that allows files to be securely exchanged during M&A deals. It speeds up and simplifies workflow, and it allows for teamwork with third parties like partners and contractors. It is available on desktops and tablets as well as mobile phones. Its secure online file sharing capabilities make it an attractive alternative to traditional file-sharing services. However, some vdr providers ca may not have the right security features to meet the needs of your business.

Located in Toronto, Canada, Firmex is a pure-play VDR provider focused on simplifying due diligence and closing processes in M&A. It is a VDR provider that caters to investment bankers, law firms and real estate companies, as well as governmental institutions https://www.shopers360.com/how-to-follow-up-after-the-board-meeting/. Its user friendly interface and variety of security features make it a top vdr provider.

Citrix Systems acquired ShareFile, a company founded in Raleigh, North Carolina in 2013. Its cloud software solutions allow businesses to collaborate on projects with external parties. Its HIPAA and ITAR compliance solution is ideal for companies dealing in sensitive information such as defense technology and other sensitive data.