Secure datarooms are online storage facility that allows confidential business documents to be shared during due diligence, legal transactions, and funding. Due diligence used to be performed in physical locations such as rooms at company headquarters or offices of law firms, or even a central secure location. Today, due diligence is done digitally, and information can be accessed on demand through the use of a virtual platform.

When the project requires sensitive documents to be shared with many third parties, the chance that these documents will end in the wrong hands is much higher when using file-sharing tools like email or Google Drive than if a dedicated data room was used. Furthermore, while these tools are great for everyday sharing files, they don’t include the security features that are critical when sharing information with specific third parties during transactions or deals such as user restrictions settings, granular auditing capability watermarks, and more.

CapLinked’s secure data room is a solution for software that provides a solid security guarantee for collaboration and sharing of documents with selected third parties during an M&A or Capital Raising process. This includes a complete suite of advanced functions that allow users to delete sensitive information automatically from files and folders. You can also search text within an image and create multiple versions (e.g. This comes with a complete set of advanced features that allow users to automatically remove sensitive information from files and folders as well as search text within images, and create multiple versions of documents (e.g. These features help teams finish projects quicker and make better decisions during M&As and other business events.

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