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Isn’t it surprising that while CISOs approve the use of Virtual Data Rooms (VDRs) for M&A, Corporate Development, Legal, and other teams to securely exchange confidential information, they often don’t use VDRs themselves? Instead, cybersecurity teams often rely on insecure email, cumbersome encrypted email, disparate portals provided by consultants and vendors, or tools like Teams,…
Read MoreIn the fast-paced world of mergers and acquisitions (M&A), speed and efficiency are often paramount. Data must be securely shared, analyzed, and negotiated—hence the widespread use of Virtual Data Rooms (VDRs) to facilitate this process. However, while most M&A professionals recognize the utility of VDRs, fewer seem to give enough consideration to how much they’re…
Read MoreThe core function of every data room is displaying folders with files and there is really no creative way of doing that. As a result competing VDR’s are very similar making it easy for buyers to do an apples to apples comparison of the different solutions in the market. The challenge is that many VDR…
Read MoreThe answer is that a few vendors had a head start in this market beginning in the early 2000’s which probably lasted for ~10 years before other companies developed competing platforms. This gave them extra time to study the behavior of VDR buyers and perfect their sales messaging while building their respective brands. For example,…
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