VDR is an encrypted repository that allows authorized users to interact with data and documents via mobile apps or web browser. A VDR is armed with advanced software features such as document indexing and full-text search along with favorites, endless scrolling, auto-renumbering and endless scrolling. Activity logs are built-in to ensure transparency and accountability. They record and document the user’s actions as much as the date and time.

VDRs are extremely popular for M&A due diligence, M&A, and investor-related parties. However they can also be used by companies that need to share sensitive information with external stakeholders. Investment bankers use VDRs for exchanging information about contracts with potential investors and purchasers in a secure online environment. Other business leaders include VCs and private equity firms, who typically evaluate multiple deals at once and must organize and share massive amounts of information. Legal teams also make use of the VDR to collaborate on complex business agreements and regulatory filings.

Top-rated vdrs used by marketing companies emphasize security to ensure security and integrity of data by offering features like encryption in flow and at rest multi-level authentication techniques, discrete end user permissions and document-level security such as watermarking or disabled printing. They visit their website also prioritize compliance with regulations to ensure their platforms meet stringent industry standards which include HIPAA, CCPA, and GDPR.