A dataroom is a type of virtual repository that allows multiple parties to share and access files. These tools are utilized by lawyers, bankers as well as investors to aid in due diligence during M&A and loan syndications as well as licensing private equity, and venture capital transactions. There are several options for dataroom software. Some dataroom software is more popular than others. SmartRoom for instance, is used primarily by investment banks, M&A, and structured finance, and it features upload speeds https://dataroom-software.org/how-to-use-a-data-room-for-ipo of up to 5MB per second, as well as a granular control system that includes SmartLock redaction, DocuSign integration, and dedicated project managers. It has a 4.8 rating on Capterra. Another alternative is Content Snare which is focused on information requests, not document management.