
Virtual Data Room
A Virtual Data Room (VDR) is a secure online platform used to store and share confidential documents, primarily during complex financial transactions like mergers, acquisitions, or fundraising. It provides controlled access to authorized parties, allowing them to review and collaborate on sensitive information safely from anywhere. VDRs ensure document security through encryption, user permissions, and activity tracking, making them a reliable digital alternative to physical data rooms. They streamline due diligence processes, reduce risks, and improve efficiency by centralizing all necessary information in a secure, accessible online environment.