According to their website, Dataroom software provides a secure platform for storing and sharing documents. They offer features such as secure access control, a drag and drop upload of files using any browser with search capabilities for file and text types as well as built-in redaction and dedicated project managers. They also provide analytics on user behavior documents and folders and downloads of documents. SmartRoom says that they have been employed in “multimillion euros/dollar M&A transactions,” and offers speed along with security and speed.

SoftwareReviews’ Data Quadrants are solely based on https://dataroom-software.org/how-to-use-a-virtual-data-room-for-the-due-diligence-process real user reviews. They are free of traditional magic quadrant components such as market presence or hype about vendors.